Highlights from over 30 years of ACG history
2019
Thomas G. Baker named Chief Executive Officer and President
2019
Assigned a rating by Moody’s Investors Service
2019
ACG becomes wholly owned subsidiary of Tokyo Century Corporation
2019
ACG Celebrates 30 years Anniversary
2017
Investment by Tokyo Century Corporation for a 20 percent membership interest in ACG.
2017
Assigned a rating by Kroll Bond Rating Agency.
2017
Orders 20 Boeing 737 MAX 10 Aircraft.
2017
Conversion to LLC Corporate Structure.
2017
Orders 35 Airbus A320 Family Aircraft.
2016
Khanh T. Tran named chief executive officer of Aviation Capital Group.
Madhu Vijay recognized with the CFO Lifetime Achievement Award at the Ninth Annual Orange County Business Journal CFO of the Year awards ceremony.
2012
Orders sixty new 737 MAX family aircraft from Boeing.
Kalscheur named chief executive officer, succeeding R. Stephen Hannahs, who retired at the end of 2012.
2011
Orders thirty new A320neo family aircraft from Airbus.
2010
Establishes ACG Singapore.
2009
ACG becomes first lessor to issue capital market notes by Ex-Im Bank.
2008
Places orders for Boeing 737NG and A320 family aircraft.
2007
Places order for A320 family aircraft, Boeing 737NG and B787.
2006
First new aircraft order: total of 14 Boeing 737-800s.
2005
ACG becomes wholly owned subsidiary of Pacific LifeCorp. ACG acquires Boullioun Aviation Services and completes $1.9 billion pooled aircraft securitization.
2002-2003
Pacific LifeCorp acquires 86% of ACG in 2002 and 91% in 2003. ACG completes $1 billion pooled aircraft securitization in 2003.
2001
Pacific LifeCorp acquires 83% of ACG.
ACG forms equity investment partnership with subsidiaries of Fortis Bank NB.
2000
First of three aircraft securitization raising $687 million from 30 institutional investors in 4 rated (all 3 Agencies) bond classes.
1998
Pacific LifeCorp acquires 49% of the common stock of ACG. Investment partnerships acquire additional $300 million of aircraft.
1996
Pacific Life makes an equity related investment directly in ACG. Equity investment partnerships acquire $100 million of aircraft.
1989
ACG was established by its founding principals, with two institutional shareholders, Aviation Holdings (a London-based aircraft leasing firm) and a unit of Dean Witter Reynolds. ACG’s mandate was to emphasize asset management and aircraft remarketing.