Apollo Aviation expands fleet with latest acquisitions

During the second quarter of 2016, Apollo Aviation Group contracted to purchase nine commercial aircraft including eight narrow-body and one wide-body. With the exception of one aircraft, the new aircraft are all from the in-production Airbus A320 and Boeing 737NG families. Eight of the aircraft were acquired with leases attached to airlines based in Europe and North America. Apollo Aviation Group’s current fleet comprises 101 aircraft and 30 engines and its customer base includes 50 different lessees based in 35 countries in North America, Latin America, Europe and Asia. William Hoffman, Apollo Aviation’s Chairman, commented, “We have had a strong