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Travel Radar - Aviation News > News > Aviation > Aircraft > ACG Strikes a Deal with Avolon Leasing Limited for 24 Aircraft
AircraftAirline EconomicsAviationDid You Know

ACG Strikes a Deal with Avolon Leasing Limited for 24 Aircraft

Michelle Owusuaa
Last updated: 21 February 2026 11:33
By Michelle Owusuaa
3 Min Read
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Boeing 737 aircraft grounded, green shrubbery, Turkish Airlines.
ACG acquired Boeing 737 Max aircraft this year © Sounder Bruce
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On Feb. 19, Aviation Capital Group (ACG) signed an agreement with Ireland Avolon Aerospace Leasing Limited to include 24 aircraft in their portfolio. All the aircraft will be equipped with the latest technology available for widebody and narrowbody fleets. 

aircraft, grounded, service worker, trees.
ACG airbus A321 VP-CCH EX Thomas Cook © Simon Butler

24 aircraft added to the portfolio through this agreement 

ACG is a global full-service commercial aircraft lease asset manager that has recently signed a deal that will include 18 narrowbody aircraft and 6 widebody aircraft. The approximate age of this portfolio is 4.5 years, and the average remaining lease term is 8.9 years. 16 countries will operate with these leased aircraft in many different airlines, including 4 new airlines that are new customers for ACG.

Regarding the new agreements, the CEO of ACG, Thomas Baker, stated:

“Proactive aircraft trading is an important pillar of our growth strategy, and the acquisition of these 24 sought-after aircraft strengthens our portfolio and supports our ambition to be a lessor of scale. It also enhances the sustainability of our fleet, already among the youngest in the industry.”

The new agreement is said to be a new strategic growth strategy, highlighting the importance of aircraft trade and Avolon as a long-term collaborative partner. Last year, the aircraft leasing industry recorded that costs remained high due to constrained global aviation capacity.

four aircraft grounded, STS logo on building, grey skies
ACG Thomas cook Airbus A330 stationary © Simon Butler

Extending the relationship, changing the aircraft leasing market

With 470 owned and managed aircraft as of Sept. 30, the new agreements with Avolon are said to ‘extend relations with ACG’ as stated by Ross O’Conner Chief of Finance at Avolon:

“Our latest portfolio transaction with ACG further extends our relationship and once again demonstrates their ability to execute aircraft trading at scale, The transaction builds on our record trading performance in 2025, reflecting the continuing strong demand we are seeing for our assets.”

This announcement follows after the 2025 acquisition that took place between the two entities. 19 aircraft were initially bought last year and both partners see their extended relationship as pertinent amid the dynamic period the aircraft leasing market is facing.

Want to keep up-to-date on the latest agreements or acquisitions? Follow Travel Radar for the latest aviation news!

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Michelle Owusuaa
ByMichelle Owusuaa
Aviation Reporter - A driven media professional and aspiring magazine journalist and self-published author, with a BA in Media, Journalism and Publishing from Oxford Brookes University. Inspired by writers such as Maya Angelou, they balance professional work alongside personal projects, maintaining a strong commitment to creative independence through their podcast and blogs.
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