21 January 2021 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has completed the acquisition of one (1) 2013 Vintage Boeing B737-800 aircraft bearing manufacturers serial number 41789 from AerCap Ireland Limited (“AerCap”).
The aircraft was sold with an existing operating lease to Chinese airline, Okay Airways. This transaction builds on our already strong relationship with AerCap.
Fred Browne, Chief Executive Officer of Aergo, commented: “This acquisition was made possible by the continuous and cooperative efforts of the teams at Aergo Capital and AerCap. With this transaction, Aergo has added one more lessee to its portfolio and we look forward to developing our partnership with Okay Airways.”
Smith, Gambrell & Russell, LLP acted as acquisition lead counsel to Aergo. KPMG advised Aergo on tax matters.