Tokyo Century will buy out the rest of US lessor Aviation Capital Group (ACG) from Pacific Life Insurance this year, the companies announced Sept. 9. The transaction amounts to a two-step takeover by the Japanese equipment leasing and fleet management company. Tokyo Century started 2019 with just a 20% stake in ACG that it acquired in 2017. But in March that stake increased almost 5%. Now, Tokyo will take over the other roughly 75% this quarter. Assuming the deal closes, ACG will become an ...

Subscribe to Access this Entire Article

"Aviation Capital Group bought out by Tokyo Century" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.