Aviation Capital Group (ACG) has appointed John Feren as executive vice president. Feren will oversee ACG’s Global Marketing and Portfolio Management Departments.

He will report to R. Stephen Hannahs, ACG Group Managing Director and Chief Executive Officer, and will be based in the company’s Newport Beach, US headquarters.

Prior to this new assignment, Feren served as a senior vice president of business development in ACG’s Bellevue, US office.

Hannahs said: "I am pleased to have John assume this new role in ACG.  He has been with

ACG for the last two years and has brought new levels of innovation to our company.”

Started with Douglas Aircraft

Feren began his aviation career with Douglas Aircraft in Long Beach.  He held positions in marketing, sales, and programme management prior to the merger with Boeing.  At Boeing he was sales vice president for eight years and participated in the launch of the 787.

He left Boeing in 2008 to join ACG.  In 2008, Feren served as the President of the Wings' Club in New York.

ACG is the owner and manager of a diversified fleet of commercial jet aircraft leased to the world’s leading airlines. Its portfolio includes 242 aircraft leased to 97 airlines in 40 countries. The company’s portfolio management group also provides asset management and remarketing services to aircraft investors and institutional clients. It was founded in 1989 and is a wholly owned subsidiary of Pacific Life Insurance Company, a Pacific LifeCorp company.

A good leasing start to 2010

In Q1 2010 ACG reported 16 aircraft and engine transactions. Some 10 of the transactions were lease extensions, three were new leases, two were deliveries and leases for new aircraft, and one aircraft was sold.

Hannah’s stressed: “This number of transactions continues to reflect ACG’s conservative strategy of modest lease expirations in any given year. The high percentage of lease renewals also reflects the stability of ACG’s customer base.”