Aviation Capital Group Enters Lease Agreements with TAAG Angola Airlines for 4 Airbus A220 Aircraft

Aviation Capital Group entered long-term leases with TAAG Angola Airlines for four new Airbus A220-300 aircraft. The aircraft are scheduled to be delivered to TAAG in 2025 from Aviation Capital Group’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,” Tom Baker, CEO and president of Aviation Capital Group, said. “This state-of-the-art equipment, with its comfort, low noise and fuel economy characteristics, will support TAAG’s mission to reopen markets, tap into new destinations and increase the connectivity options with more frequencies.”

“The incorporation of four new A220 aircraft under the agreement with ACG is a clear sign of our international credibility and a major milestone in renewing the TAAG fleet,” Eduardo Fairen, CEO of TAAG Angola Airlines, said. “We are deeply committed to growing the company by leveraging our market share and destination portfolio. Our passengers will benefit from higher connectivity options while planning their trips and a greater flight experience overall, as the Airbus A220 is a smart, tech-advanced equipment suitable for nowadays’ gadgets.”

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