Tokyo Century Corporation Acquires Remaining Interest in Aviation Capital Group
NEWPORT BEACH, Calif. (Dec. 5, 2019) – Aviation Capital Group LLC (ACG), a leading aircraft asset manager, announced today that Tokyo Century Corporation (Tokyo Century) has acquired the remaining interest in ACG.
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.