NEWPORT BEACH, Calif. (December. 5, 2017) – Aviation Capital Group LLC ("ACG") announced today that it has been assigned issuer and senior unsecured debt ratings of 'A' by Kroll Bond Rating Agency.
Kroll Bond Rating Agency highlighted in its press release that the 'A' rating reflects ACG's long and stable track record, strong market position, experienced management team, prudent risk management culture and low leverage metrics comparable to other highly rated aircraft leasing companies.
"Our experience with Kroll in their rigorous rating process is one where we have found Kroll to have a clear and deep understanding of the creditworthiness of ACG and the leasing industry that goes beyond the standard credit analysis," said Khanh T. Tran, ACG's CEO.
About Aviation Capital Group
Aviation Capital Group is one of the world's premier full service aircraft asset managers with 435 owned, managed and committed aircraft as of September 30, 2017, which are leased to approximately 95 airlines in 40 countries. ACG was founded in 1989 and is an indirect wholly-owned subsidiary of Pacific Life Insurance Company.