Aviation Capital Group Takes Delivery of its First Boeing 787 Dreamliner

(Photo: Business Wire)

NEWPORT BEACH, Calif.--()--Aviation Capital Group LLC (“ACG”) announced today it has taken delivery of its first Boeing 787 Dreamliner in Everett, Washington. The aircraft, a Boeing 787-9, is on a long-term lease to EL AL Israel Airlines, and is the first of two Boeing 787-9’s to be delivered from ACG’s orderbook and leased to EL AL Israel Airlines. The second aircraft is scheduled to deliver this fall.

ACG is delighted to deliver our first 787 Dreamliner to EL AL, Israel’s flag carrier and a customer of ACG since 2005. We wish EL AL continued success and look forward to continuing our longstanding relationship,” said Khanh T. Tran, CEO of ACG.

We are pleased to embark the first delivery of the new Boeing 787-9 from ACG. The anticipated arrival of the new 787 aircraft marks a revolution in the customer’s flight experience. We set a high standard of service and product excellence in order to retain our standing as the first and preferred choice airline for travelers to and from Israel,” said new CEO of EL AL, Gonen Usishkin.

The 787 Dreamliner has been a tremendous success in the market and we’re proud to deliver the first of five to ACG,” said Ihssane Mounir, senior vice president, Global Sales & Marketing, Boeing Commercial Airplanes and Services. “This delivery reaffirms ACG’s commitment to providing valued airline customers like EL AL, the most technologically advanced, fuel-efficient and reliable airplanes flying in the world today.”

About Aviation Capital Group

Aviation Capital Group is one of the world’s premier full service aircraft asset managers with 439 owned, managed and committed aircraft as of December 31, 2017, which are leased to approximately 95 airlines in approximately 45 countries. ACG was founded in 1989 and is an indirect majority-owned subsidiary of Pacific Life Insurance Company.

Contacts

Aviation Capital Group LLC
Gordon Grant
Investor and Media Relations
+ 1 949 219 4664
gordon.grant@aviationcapital.com

Contacts

Aviation Capital Group LLC
Gordon Grant
Investor and Media Relations
+ 1 949 219 4664
gordon.grant@aviationcapital.com