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Aviation Capital Group Signs Launch Order for 20 Boeing 737 MAX 10 Aircraft

NEWPORT BEACH, Calif. (June 20, 2017) – Aviation Capital Group LLC (“ACG”) announced today it has signed an order with Boeing for 20 737 MAX 10 aircraft, becoming a launch customer for the 737 MAX 10 variant.

ACG is already a part of the 737 MAX family with an existing order for 60 aircraft. This latest announcement brings ACG’s total 737 MAX order to 80 aircraft.

“As a long-standing Boeing partner, we are pleased to be a launch customer for the new 737 MAX 10 variant,” said Khanh T. Tran, CEO of ACG. “This order further underscores our commitment to ACG’s growth strategy and provides us flexibility with this new variant of the proven, successful family of Boeing 737 aircraft.”

“ACG is a proven fleet strategy solutions provider to airlines across the globe, and the 737 MAX 10 will bring even more benefits to their impressive portfolio,” said Ihssane Mounir, senior vice president of Global Sales and Marketing, Boeing Commercial Airplanes. “We appreciate ACG growing their 737 MAX fleet by joining us in the launch of the new 737 MAX 10.”

Over 14,000 Boeing 737 aircraft have been ordered, including over 3,700 for the 737 MAX family.

About Aviation Capital Group

Aviation Capital Group is one of the world’s premier full service aircraft asset managers with approximately 426 owned, managed and committed aircraft, which are leased to approximately 100 airlines in approximately 45 countries. ACG was founded in 1989 and is an indirect wholly owned subsidiary of Pacific Life Insurance Company.

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Gordon Grant
Head of Investor and Media Relations
+ 1 949 219 4664
gordon.grant@aviationcapital.com

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