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Aviation Capital Group Announces Delivery of One Boeing 737-8 MAX to Air India Express

1. ACG delivered a Boeing 737-8 MAX to Air India Express. 2. This marks the first delivery in a sale-leaseback agreement. 3. ACG manages approximately 500 aircraft for around 90 airlines globally. 4. The transaction may enhance BA's visibility in Indian markets. 5. ACG's growth signals increased demand for new aircraft.

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FAQ

Why Bullish?

Deliveries to Air India Express suggest increased demand for BA's aircraft. Similar lease agreements have historically boosted BA's orders.

How important is it?

The contract with ACG implicates positive orders for BA amidst ongoing fleet renewals.

Why Short Term?

Immediate aircraft deliveries impact BA's sales and backlog positively. Short-term trends reflect increased airline confidence.

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BAAIR INDIAACG
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one Boeing 737-8 MAX aircraft to Air India Express. Featuring CFM International LEAP-1B engines, this is the first aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and Air India Express. ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs. To learn more about the aircraft leasing and aircraft management services offered by ACG, visit www.aviationcapitalgroup.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable federal securities laws. Any such statements, other than statements of historical fact, are based upon our current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Accordingly, such statements are not guarantees or assurances of any aspect of future performance. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise. About Aviation Capital Group Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of September 30, 2024, leased to roughly 90 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. Follow ACG on LinkedIn, and for more information, visit www.aviationcapitalgroup.com.

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