Full-service aircraft lessor Aviation Capital Group (ACG), wholly owned by Tokyo Century Corporation, has signed a Memorandum of Understanding (MoU) for 20 A220s and a firm contract for 40 A320neos of which five are A321XLRs. With this order, ACG is supporting the recently launched multi-million dollar environmental, social and governance (ESG) fund initiative by Airbus that will contribute towards investment for sustainable aviation development projects.
The A220 is purpose-built for the 100-150 seat market, and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney's latest-generation PW1500G geared turbofan engines. Other key features include 50 percent reduction in noise footprint and up to 25 percent lower fuel burn per seat compared to previous generation aircraft.
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