# ITOCHU acquires 50% stake in Aviation Capital Group for $1.946 billion

ITOCHU Corporation will acquire a 50% stake in Aviation Capital Group from Tokyo Century Corporation for approximately $1.946 billion, forming a joint venture. The transaction is expected to close in Q3 of fiscal year 2026.

- Type: Acquisition
- Announced: 2026-08-03
- Where: United States
- Value: $1.95B
- Status: announced
- Products: aircraft leasing
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ITOCHU](https://endata.com/companies/1234.md) (acquirer)
- [Tokyo Century](https://endata.com/companies/43551.md) (partner)
- [Aviation Capital Group](https://endata.com/companies/93334.md) (target)

## Sources

- [airpronews.com](https://airpronews.com/2026/08/04/itochu-acquires-50-stake-in-aviation-capital-group/), 2026-08-04: "ITOCHU Corporation will acquire a 50 percent stake in United States-based aircraft lessor Aviation Capital Group for approximately $1.946 billion, establishing a joint management structure with current owner Tokyo Century Corporation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.