US-based lessor Aviation Capital Group (ACG) has acquired a portfolio of 24 aircraft operating for 17 different airlines in an agreement signed with Ireland’s Avolon.
On February 19, 2026, ACG and Avolon confirmed that a definitive agreement was signed between the two aviation firms which follows a previous 2025 acquisition of a 19 aircraft portfolio from Avolon by ACG.
Of the 24 aircraft joining ACG, 18 are narrowbodies, including 12 of which are new technology, and six widebody aircraft, all of which are new technology.
The 17 airlines operating the aircraft are spread across 16 countries with four carriers becoming new customers of ACG.
“Proactive aircraft trading is an important pillar of our growth strategy, and the acquisition of these 24 sought-after aircraft strengthens our portfolio and supports our ambition to be a lessor of scale. It also enhances the sustainability of our fleet, already among the youngest in the industry,” said Thomas Baker, CEO and President of ACG. “We thank our trusted trading partner, Avolon, for their collaboration on this transaction.”
As of February 1, 2026, the average age of the portfolio is approximately 4.5 years, and the average remaining lease term is approximately 8.9 years.
“Our latest portfolio transaction with ACG further extends our relationship and once again demonstrates their ability to execute aircraft trading at scale,” said Ross O’Connor, Chief Financial Officer at Avolon. “The transaction builds on our record trading performance in 2025, reflecting the continuing strong demand we are seeing for our assets.”
This year, ACG has been strengthening its position in an effort to expand its fleet, which includes 470 owned, managed and committed aircraft.
In January 2026, ACG placed an order for 50 Boeing 737 MAX aircraft, split between 737 MAX 10s and 737 MAX 8s. The transaction brought ACG’s 737 MAX order book to 121 aircraft.
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