23 November 2023 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has acquired two (2) B737-800 aircraft from Altavair. The aircraft carrying MSNs 39834 and 39869 are currently on lease to Batik Air and Lion Air respectively.  

Fred Browne, Chief Executive Officer of Aergo, commented: “We are pleased to announce that Aergo has acquired two B737-800s with leases attached from Altavair. We would like to extend our thanks to the Altavair team for their continued professionalism and collaboration throughout the acquisition process. We are excited to grow our portfolio and look forward to strengthening our relationship with Altavair even further.”  

“We are very happy to have successfully worked with Aergo on this transaction,” said Matt Hoesley, Altavair’s Chief Commercial Officer. “We appreciate their team’s commitment and expertise in completing these two deals and hope to have the opportunity to collaborate together more in the future.”   

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