Fitch Upgrades Aviation Capital Group
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Aviation Capital Group LLC (“ACG”) announced today that Fitch Ratings Services raised its rating on ACG to ‘BBB+’ from ‘BBB’. The rating outlook is positive.
“ACG continues to cement its leading position as a premier global lessor with the lowest leverage, highest rated and most stable platform in our space. This upgraded rating and positive outlook by Fitch is a further recognition of our financial strength,” said Khanh T. Tran, president and CEO of ACG.
About Aviation Capital Group
Aviation Capital Group is one of the world’s premier full service aircraft asset managers with 465 owned, managed and committed aircraft as of March 31, 2018, which are leased to approximately 95 airlines in approximately 45 countries. ACG was founded in 1989 and is an indirect majority-owned subsidiary of Pacific Life Insurance Company.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180717006026/en/
Aviation Capital Group
Gordon Grant, + 1 949 219 4664
Investor
and Media Relations
[email protected]
Source: Aviation Capital Group
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Elliptic Intelligence Used by the FBI in Action Against Huione, the $134 Billion Criminal Marketplace and Money Laundering Operation
- BioNxt Announces Closing of Non-brokered Private Placement of Units Pursuant to the Listed Issuer Exemption
- Cboe Introduces Cboe Predicts, Launching First Products in New Prediction Markets Suite
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
Fitch RatingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share