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Aviation Capital Group Signs Angola Agreement

Newport Beach firm enters leases with TAAG Angola Airlines

Aviation Capital Group LLC (ACG) in Newport Beach has entered into long-term leases with TAAG Angola Airlines for four new Airbus A220-300 aircraft. No financial details were released.

The aircraft are scheduled to be delivered to TAAG in 2025 from ACG’s order book with Airbus.

“On behalf of ACG, we’re truly honored and proud to be a business partner of TAAG Angola Airlines, supporting its growth and expansion plans with the modern and environmentally friendly A220-300 aircraft,” ACG CEO and President Tom Baker said in a statement yesterday.

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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