Tokyo Century has acquired the remaining interest in Aviation Capital Group, an aircraft asset manager.
In 2017, Tokyo Century acquired a 20% membership interest in ACG, and later expanded ownership to 24.5%. The completion of this transaction, first announced on September 9, 2019, results in Tokyo Century now owning 100% of ACG.
“On behalf of everyone at ACG, we are all elated, energized and empowered that we are entrusted by Tokyo Century as their aviation platform,” said Khanh T. Tran, ACG’s CEO.
Aviation Capital Group was founded in 1989 and is a full-service aircraft asset manager with approximately 500 owned, managed and committed aircraft as of September 30, 2019, which are leased to approximately 90 airlines in approximately 45 countries.
Tokyo Century is a highly specialized financial services company that pioneers new business fields combining finance, services and business expertise. It operates through four core businesses: equipment leasing, mobility and fleet management, specialty financing and international business.
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