Aergo Capital Limited (“Aergo”) has acquired one (1) B737-800 aircraft, bearing the manufacturer serial number 40698, from SMBC Aviation Capital, acting on behalf of a Japanese seller, with a lease attached to Virgin Australia.

Fred Browne, Chief Executive Officer of Aergo, commented: “We are pleased to announce the successful acquisition of this B737-800 with a lease attached to Virgin Australia. We would like to extend our gratitude to SMBC Aviation Capital for their collaboration and professionalism throughout the acquisition process. We are excited to add an airline of Virgin Australia’s calibre to our portfolio and we look forward to furthering our relationship with both SMBC Aviation Capital and Virgin Australia.”

Barry Flannery, Chief Commercial Officer of SMBC Aviation Capital, commented: “SMBC Aviation Capital are delighted to close our first aircraft sale to Aergo Capital. We look forward to building on this relationship in the future.”

Smith Gambrell Russell LLP acted as lead counsel to Aergo. SMBC Aviation Capital was advised by McCann FitzGerald LLP.