Aviation Capital Group orders planes from Boeing Co

Aviation Capital Group orders planes from Boeing Co
Aviation Capital Group orders planes from Boeing Co

Aviation Capital Group, one of the top 5 aircraft leasing enterprises in the world, has ordered 17 next-generation 737 airplanes worth of more than $1 billion.

The Boeing Company (NYSE: BA, TYO: 7661), the major aerospace and defense corporation, is going to provide Aviation Capital with new planes equipped with "Blended Winglets" which improve the efficiency of fixed-wing aircraft. They also reduce carbon dioxide emissions by up to 4 percent.

In addition to 17 new planes, Aviation Capital Group has ordered 81 Boeing planes.

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