Highlights from over 30 years of ACG history
Thomas G. Baker named Chief Executive Officer and President
Assigned a rating by Moody’s Investors Service
ACG becomes wholly owned subsidiary of Tokyo Century Corporation
ACG Celebrates 30 years Anniversary
Investment by Tokyo Century Corporation for a 20 percent membership interest in ACG.
Assigned a rating by Kroll Bond Rating Agency.
Orders 20 Boeing 737 MAX 10 Aircraft.
Conversion to LLC Corporate Structure.
Orders 35 Airbus A320 Family Aircraft.
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.
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.
Orders thirty new A320neo family aircraft from Airbus.
Establishes ACG Singapore.
ACG becomes first lessor to issue capital market notes by Ex-Im Bank.
Places orders for Boeing 737NG and A320 family aircraft.
Places order for A320 family aircraft, Boeing 737NG and B787.
First new aircraft order: total of 14 Boeing 737-800s.
ACG becomes wholly owned subsidiary of Pacific LifeCorp. ACG acquires Boullioun Aviation Services and completes $1.9 billion pooled aircraft securitization.
Pacific LifeCorp acquires 86% of ACG in 2002 and 91% in 2003. ACG completes $1 billion pooled aircraft securitization in 2003.
Pacific LifeCorp acquires 83% of ACG.
ACG forms equity investment partnership with subsidiaries of Fortis Bank NB.
First of three aircraft securitization raising $687 million from 30 institutional investors in 4 rated (all 3 Agencies) bond classes.
Pacific LifeCorp acquires 49% of the common stock of ACG. Investment partnerships acquire additional $300 million of aircraft.
Pacific Life makes an equity related investment directly in ACG. Equity investment partnerships acquire $100 million of aircraft.
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.