17 July 2024 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has acquired two (2) A320-200 aircraft and two (2) B737-800 aircraft from AerCap. The A320 aircraft are on lease to Lauda, a subsidiary of the Ryanair Group, and the B737 aircraft are on lease to Jeju Air. 

Fred Browne, Chief Executive Officer of Aergo, commented: “We are delighted to announce acquisition of the four aircraft from AerCap. The A320 & B737 aircraft are strong additions to our portfolio, and we are particularly excited to welcome Lauda and Jeju Air into our lessee base. We would like to thank AerCap for their tenacity and support in getting this deal across the line and look forward to working with their team again in the future.”

Smith, Gambrell & Russell, LLP acted as lead counsel to Aergo.