US-based lessor Aviation Capital Group (ACG) has signed a Memorandum of Understanding (MoU) for 20 Airbus A220s and a firm order contract for 40 Airbus A320neo family jets, five of which are Airbus A321XLRs.
“We are delighted to expand our portfolio with additional A220 and A320neo Family aircraft. These highly advanced aircraft will enhance ACG’s strategic objective to offer our airline customers the most modern and fuel-efficient aircraft available,” said Thomas Baker, CEO and President of ACG.
The Airbus A320neo aircraft is a standard single-aisle jet suitable for short and medium-haul operations. The aircraft has two engine options: Pratt & Whitney’s PurePower PW1100G-JM geared turbofan, and CFM International’s LEAP-1A. It has a maximum range of 6,400 nautical miles (11,853 kilometers) and is capable of seating up to 180 passengers.
The Airbus A220 family aircraft, including the A220-100 and A220-300 variants, are tailored to serve the 100-150 seat market. The A220-100 has a maximum range of 6,390 kilometers and the A220-300 has 6,297 kilometers. The aircraft family has only one engine option, Pratt & Whitney’s latest-generation PW1500G geared turbofan engine.
“It also forcefully confirms the A220 as a growingly desirable aircraft and investment in the commercial aviation landscape. We congratulate and thank ACG for its decision to select both the A220 and A320neo Families,” said Christian Scherer, Chief Commercial Officer and Head of Airbus International.