Aviation Capital Group Announces New Appointment

Newport Beach, Calif. (July 1, 2016) - Aviation Capital Group ("ACG"), the commercial aircraft leasing subsidiary of Pacific Life Insurance Company, announced that Tom Baker has joined ACG as Senior Vice President - Strategic Planning and Analytics. Mr. Baker will be responsible for transaction analytics, financial planning and analysis (FP&A), investor relations and strategic planning.

Mr. Baker joins ACG from Goldman Sachs' Investment Banking group, most recently as a Vice President covering the Aviation & Transportation Sectors. In this role, he advised clients on strategic priorities, capital structure optimization, equity and debt issuance, mergers, acquisitions, and relationships with key sector investors. Prior to that, he was Goldman's head of Asia (ex-Japan) Transportation group in Hong Kong, where he worked on debt and equity financings, including initial public offerings, in the aviation and transportation sectors. Prior to Goldman Sachs, Mr. Baker spent a number of years at Citigroup in investment banking and Morgan Stanley in equity research. Mr. Baker holds an MBA from MIT and a B.A. from Brown University.

"Tom's breadth of experience in aviation, leasing and investment banking is a key addition to ACG. We look forward to having Tom as a part of ACG's leadership team," said Khanh T. Tran, CEO of ACG.

"I am excited to be joining ACG, a world class global leasing platform with a strong track record of success. I look forward to helping the team develop and execute ACG's business plans and growth initiatives," said Tom.

ACG also announced that Mark Lang has joined ACG as Vice President - Financial Planning & Analysis, reporting to Mr. Baker. Mr. Lang joins ACG from CoreLogic Inc., a global data and analytics company in Irvine, California, that successfully completed its initial public offering in June 2010. Most recently Mr. Lang was the VP of Finance for the Technology & Corporate Shared Services Division. Prior to that, he played a pivotal role in establishing CoreLogic's core FP&A function as a public company. Prior to CoreLogic, Mr. Lang held expanded roles in Finance, Accounting and FP&A with GMAC Financial Services, Wells Fargo, SAP Software, Liberty Media and The Walt Disney Company. Mr. Lang holds a B.A. in Economics from UCLA.

Mr. Tran noted that "Mark's experience with financial planning and analysis is an important addition to ACG. We look forward to Mark being on the team."

"I am looking forward to working with the outstanding team at ACG. Obviously this is an exciting time in the company's history and I am proud to be a part of it," said Mark.

About Aviation Capital Group

Aviation Capital Group is one of the world’s premier full service aircraft asset managers with approximately 380 owned, managed and committed aircraft, which are leased to approximately 100 airlines in over 45 countries. ACG was founded in 1989 and is a wholly owned subsidiary of Pacific Life Insurance Company.

Investor and Media Relations: Gordon Grant +1 949 219 4664