Aviation Capital Group Awarded Aviation 100 Sustainable Finance Deal of the Year

Tokyo Century Corporation (Tokyo Century) is pleased to announce that Aviation Capital Group LLC (ACG), a U.S.-based aircraft leasing subsidiary, was awarded the Sustainable Finance Deal of the Year in Aviation 100 Awards 2025 announced by Airline Economics.

Airline Economics is one of the world's leading publications in the aviation industry, and annually gives awards to companies and individuals for their outstanding financing projects and distinguished achievements.

ACG was awarded the Aviation 100 Sustainable Finance Deal of the Year for its financing (US$550 million) through a sustainability-linked loan closed in October 2024 with Mizuho Bank, Ltd. as one of the primary lenders.

In sustainability-linked loans, key performance indicators (KPIs) related to sustainability targets are set for borrowers, and the terms and conditions of the loans change depending on the degree of achievement of the KPIs. The present loan's KPIs are increasing the share of new generation aircraft in ACG’s fleet and reducing the carbon intensity of its owned fleet. ACG will receive pricing adjustments based on its performance against the KPIs. The loan was arranged through close collaboration with financial institutions and other relevant parties, and is the first sustainability-linked loan for ACG.

To realize carbon neutrality by 2050, the aviation industry is also paying more attention to decarbonization. We believe that the recognition of ACG’s sustainability initiatives will lead to further growth of our aviation business. Tokyo Century will continue to deepen its collaboration with ACG and contribute to the development of the aviation industry through the use of ESG finance, including sustainability-linked loans.

【Right】 Group photo of financial institution representatives and ACG members 
at the award ceremony in Dublin
Eric Blau, SVP, Treasurer & Head of Capital Markets (third from left),
Gordon Grant, VP, Head of ESG (center), and
Mahoko Hara, Director & Senior Managing Executive Officer of Tokyo Century and
Executive Chair of ACG (third from right)