Aviation Capital Group Announces Action to Repossess Nine Airbus Aircraft on Lease to Oceanair Linhas Aereas S/A (Avianca Brazil)

Aviation Capital Group LLC (“ACG”) announced today that the company has terminated the leases for, and has initiated legal action to repossess, eight Airbus A320-200s and one A319-100 aircraft currently in the possession of Ocean Linhas Aereas S/A (Avianca Brazil).