ACG Extends $3.1 Billion Credit Facility to June 2030

Aviation Capital Group (ACG) has secured long-term liquidity by extending the maturity of its $3.1 billion senior unsecured revolving credit facility to June 2030.

Announced in a press release on June 10, 2026, the amendment and restatement of the facility was completed with JPMorgan Chase Bank acting as the administrative agent. The extension from its previous June 2028 maturity date provides the Newport Beach, California-based aircraft lessor with continued financial flexibility to fund new aircraft deliveries and support its global airline customer base.

Facility details and banking syndicate

The $3.1 billion facility is supported by commitments from 24 financial institutions. This core credit line is part of ACG’s broader liquidity strategy, which includes approximately $5.1 billion in total revolving commitments. Alongside the primary syndicate, ACG maintains a $1.5 billion line of credit provided by its parent company, Tokyo Century Corporation, and a separate $500 million revolving credit facility with a syndicate of lenders based in Asia.

Matthew Novell, Vice President of Capital Markets and Assistant Treasurer of ACG, stated that the extension reflects the strength of the company’s platform and the depth of its global banking relationships.

“This extension further enhances our liquidity and financial flexibility, enabling us to continue investing in our fleet, support our airline customers and execute on our growth objectives,” Novell said.

Fleet expansion and corporate restructuring

The extended credit facility arrives as ACG actively expands its portfolio, which stood at approximately 500 owned, managed, and committed aircraft as of March 31, 2026. The lessor currently places aircraft with roughly 90 Airlines across 50 countries. To support this fleet growth, ACG finalized an Orders for 50 Boeing 737 MAX jets on January 13, 2026, splitting the commitment evenly between the Boeing 737 MAX 8 and Boeing 737 MAX 10 variants. This order increased the company’s total 737 MAX backlog to 121 aircraft.

Deliveries are ongoing, with ACG handing over its first of six new Boeing 737 MAX 8 aircraft to Royal Air Maroc on March 31, 2026. The lessor has also restructured its executive team to manage these manufacturer relationships, appointing Rob Downes to the newly created role of Chief Original Equipment OEMs Officer on April 16, 2026.

AirPro News analysis

We view the successful extension of ACG’s $3.1 billion credit facility as a strong indicator of institutional confidence in the aircraft leasing sector. By pushing the maturity date to 2030, ACG insulates itself from near-term refinancing risks while securing the capital required to absorb its expanding Boeing 737 MAX order book. The backing of 24 financial institutions, combined with the $1.5 billion backstop from Tokyo Century, positions the lessor to capitalize on high global demand for narrowbody lift even as it navigates a transition period following the May 31, 2026, departure of Chief Financial Officer Craig Segor.

Sources: Aviation Capital Group