NEWPORT BEACH, Calif. (June 26, 2023) – Aviation Capital Group LLC (“ACG”) announced that it has signed leases with Avianca for eight Airbus A320neo aircraft. All eight aircraft are powered by CFM International LEAP-1A26 engines and are scheduled for delivery in 2023.

“We are excited about expanding our relationship with Avianca and seeing these aircraft continue to serve passengers in Colombia as well as across the Avianca network,” said Tom Baker, Chief Executive Officer and President of ACG.

“Avianca’s plan is to connect Colombia and Latin America with the world.  We celebrate our growing partnership with ACG and the incorporation of these eight additional aircraft to Avianca’s fleet, which will then be composed of 150 aircraft – Passenger and Freighters,” said Adrian Neuhauser, President and CEO of Avianca.