NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Aviation Capital Group LLC (“ACG”), a leading aircraft asset manager, announced today the delivery of one new Airbus A320neo aircraft on long-term lease to Juneyao Air. This is ACG’s first aircraft delivery from Airbus’ facility in Tianjin, China.

“ACG is delighted to deliver this aircraft to Juneyao Air. This is the first A320neo that we have delivered to Juneyao Air and we wish the airline continued success,” said Khanh T. Tran, president and CEO of ACG.

“We are pleased to work with our long-term partner Aviation Capital Group, which has demonstrated its excellent professionalism and customer service in meeting our needs for modern aircraft. We are confident that this aircraft will enhance the passenger experience and overall operations of Juneyao Air,” said Wang Junjin, Chairman of Juneyao Air.

About Aviation Capital Group

Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of March 31, 2020, which are leased to approximately 90 airlines in approximately 45 countries. ACG is a wholly owned subsidiary of Tokyo Century Corporation.

About Juneyao Air

Founded in 2006, Juneyao Air is one of the leading private-owned carriers in China, and the first Connecting Partner of Star Alliance. The airline now reaches more than 210 destinations in Asia and Europe, with a modern fleet of 74 aircrafts, comprising narrow-bodied Airbus A320s and wide-bodied Boeing 787-9 Dreamliners. The carrier has been awarded Skytrax Best Regional Airlines in China in 2019.

Contacts

Gordon Grant

Investor and Media Relations

+ 1 949 219 4664

gordon.grant@aviationcapital.com

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