THOMAS BAKER
CEO/PRESIDENT
AVIATION CAPITAL GROUP
WHY: CEO of ACG, which had over 480 owned, managed and committed aircraft as of 2024, leased to roughly 90 airlines in approximately 45 countries. ACG is a subsidiary of Tokyo Century Corp. Reported 1H revenue climbed 4% to $612.5M
NOTABLE: Previously worked at Goldman Sachs, Citigroup and Morgan Stanley. Received bachelor’s from Brown University and MBA from MIT.
IN THE NEWS: Recognized net benefits of $544.8M from settlement of insurance claims related to losses incurred when 10 of its planes valued were seized by Russia at the start of its war in Ukraine. ACG recorded $574.7M in losses in 2022 related to Russia exposure.
QUOTABLE: “ACG continued to deliver solid performance with record earnings in the first half of 2025 driven by robust operating lease revenue, profitable aircraft sales, and sizeable settlements on insurance claims related to our Russia exposure. We are in growth mode with $9.5 billion of aircraft commitments through 2031 combined with industry leading low leverage of 1.9x.”
