Avianca to lease 8 Airbus A320neo Aircraft from Aviation Capital Group

An Avianca Airlines Airbus A320 parked at the gate.
Photo Credit: Avianca Airlines

Aviation Capital Group LLC (ACG) has recently announced its partnership with Avianca, one of the leading airlines in Latin America. The leasing company has signed leases for eight state-of-the-art Airbus A320neo aircraft.

This strategic collaboration marks an important milestone for both ACG and Avianca, as they continue to enhance their operations and expand their reach in the industry.

Expanding the Relationship with Avianca

ACG expresses its enthusiasm for the extended partnership with Avianca and the opportunity to contribute to the airline’s mission of connecting Colombia and Latin America with the world.

The eight Airbus A320neo aircraft, powered by CFM International LEAP-1A26 engines, will be instrumental in meeting Avianca’s growing demand for efficient and reliable fleet operations.

These advanced aircraft, known for their fuel efficiency and enhanced passenger comfort, are scheduled for delivery in 2023.

Tom Baker’s Perspective

Tom Baker, the Chief Executive Officer and President of ACG, emphasizes the significance of this collaboration.

He states, “We are excited about expanding our relationship with Avianca and seeing these aircraft continue to serve passengers in Colombia as well as across the Avianca network.”

Baker’s remarks highlight the shared commitment of ACG and Avianca to deliver exceptional aviation services that cater to the needs of travellers within the region and beyond.


Avianca’s Vision for Connectivity

Avianca, under the leadership of its President and CEO, Adrian Neuhauser, aims to strengthen Colombia’s connectivity with Latin America and the rest of the world.

Neuhauser expresses his delight in the growing partnership with ACG and the addition of these eight aircraft to Avianca’s existing fleet.

With these new acquisitions, Avianca’s fleet will be composed of 150 aircraft, both passenger and freighters, contributing to their vision of seamless air travel and efficient cargo operations.

Embracing Technological Advancements

The Airbus A320neo aircraft chosen by the carrier and leased from ACG represent the latest advancements in aviation technology.

Equipped with CFM International LEAP-1A26 engines, these aircraft deliver exceptional performance in terms of fuel efficiency, reduced emissions, and lower noise levels.

The Significance of Fleet Expansion

The addition of these eight Airbus A320neo aircraft to Avianca’s fleet holds immense significance for the airline. With a broader and more modern fleet,the airline can enhance its route network, increase capacity, and improve the overall passenger experience.

Furthermore, the optimized fuel efficiency of the A320neo contributes to lower operating costs, making it an economically viable choice for its long-term growth strategy.


Aviation Capital Group’s collaboration with Avianca in leasing eight Airbus A320neo aircraft demonstrates their dedication to meeting the evolving needs of the aviation industry.

The incorporation of these technologically advanced aircraft into the airline’s fleet will not only enhance connectivity but also elevate the passenger experience.

As Avianca continues to expand its network and strengthen its presence in Latin America and beyond, this partnership signifies a new chapter of growth and innovation in the aviation sector.

By Len Varley - Assistant Editor 4 Min Read
4 Min Read
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