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Aviation Capital Group forms joint venture

16 June 2009

Aviation Capital Group expands its interests in the Middle East and North Africa with a new joint venture.

Read more: acg stephen hannahs egypt civil aviation finance holding joint venture

US lessor, Aviation Capital Group (ACG), revealed at the Paris Air Show today, that it has formed a joint venture with Egyptian partners Civil Aviation Finance Holding(CIAF Holding) and Civil Aviation Support and Development Fund. The two Egyptian entities own 90% of the shareholding, while ACG owns the remaining10%.

 

The jointventure,...


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“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

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