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Avianca inks A330 sale/leaseback deal with ACG

Leasing firm Aviation Capital Group (ACG) has acquired its first new Airbus A330s under a sale/leaseback agreement for 10 Rolls-Royce Trent 700-powered-200s brokered with Colombia's Avianca.

Avianca has already taken delivery of the first A330, a 280-seat aircraft registered as N948AC. The second is expected to be delivered in November. Avianca, which already leases a Boeing 767-200ER from ACG, has agreed to lease the aircraft for six years, but the contract contains renewal rights. Avianca, meanwhile, continues to hold orders for eight more A330s with the airframer.

The carrier says its first A330 will be assigned to cover the routes from Colombia to Miami, Lima, São Paulo and Madrid. Avianca president Fabio Villegas Ramirez says the carrier's growing new Airbus fleet keeps Avianca "avant garde in the technological advance of this region".

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