Fitch upgrades Aviation Capital rating

Aviation Capital Group LLC (“ACG”) has announced its rating has been raised to BBB+ from BBB bu Fitch Ratings Services, the company said.

ACG said it continues to cement its leading position as a premier global lessor with the lowest leverage, highest rated and most stable platform in the industry´s space.

Aviation Capital Group is a full service aircraft asset manager 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.