22 October 2020 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has completed the sale of two (2) 1997-98 Vintage Boeing B737-300 aircraft bearing manufacturers serial number (MSN) 28569 and 28869 to Star Air Cargo PTY Ltd (“Star Air”). This ends 15 years of 737 classic ownership by Aergo. Around 75 aircraft of this model have been owned and leased by Aergo both in passenger and in freighter configurations.

Fred Browne, Chief Executive Officer of Aergo, noted: “The sale of these two classic aircraft is truly a landmark moment for Aergo. Star Air has been a good dependable partner for the last 10 years and we look forward to doing more business in the foreseeable future.”

Smith, Gambrell & Russell (English counsel), and KPMG (tax consultant) acted for Aergo Capital.