Monday April 21, 8:45 am ET

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group, one of the largest commercial jet leasing companies in the world, today said that it completed 13 aircraft lease and sale transactions during the first quarter of 2008. The transactions are:

Aircraft	Transaction	Airline
B737-800	Purchase	Skymark Airlines
B737-700	Extension	Virgin Blue
B737-800	Purchase	Sun Express
B737-300	New Lease	Oceanair
B737-300	New Lease	Oceanair
B737-300	New Lease	Oceanair
B737-800	Purchase	Sun Express
A319-100	New Lease	Brussels Airlines
B727-200	Sale	Astar
B727-200	Sale	Astar
B727-200	Sale	Astar
B727-200	Sale	Astar
B737-300	New Lease	Air Baltic

In addition, ACG’s Capital Markets Group arranged six aircraft transactions for an institutional investor.The company today announced orders for 17 Boeing 737 Next Generation aircraft with a value of more than $1 billion at list prices.

One of the first tier aircraft leasing enterprises in the world, Aviation Capital Group is owner/lessor and portfolio manager of a diversified fleet of commercial jet aircraft leased to the world's leading airlines. Its portfolio includes more than 200 owned aircraft leased to more than 90 airlines in more than 40 countries. ACG's Capital Markets Group also provides asset management for more than 20 aircraft and remarketing services to aircraft investors and institutional clients. ACG has 120 outstanding aircraft orders from Airbus and Boeing with a list price value of more than $11 billion. ACG was founded in 1989 and is a wholly-owned subsidiary of Pacific LifeCorp.