24 February 2022 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has acquired two Boeing 737-800 Freighter aircraft bearing manufacturer serial number 29786 and 29788 subject to leases with BlueBird Nordic.

Fred Browne, Chief Executive Officer of Aergo, commented: “We are delighted to have successfully completed the acquisition of two (2) Boeing 737 converted freighters from AviaAM. We are excited to add BlueBird Nordic to our growing customer base and look forward to building our relationship together. We have worked well with AviaAM on a number of transactions and always find the team a pleasure to deal with. We look forward to completing many more transactions together in the future.”

Tadas Goberis, Chief Executive Officer of AviaAM Leasing, commented: “We are pleased to celebrate the results of the fruitful cooperation. It was a pleasure to once again work with our longstanding partner Aergo Capital and we look forward to continuing our successful partnership for many years to come.“

Siggi Agustsson, Chief Executive Officer of Bluebird Nordic, commented: "The introduction of the Boeing 737-800 Freighters to Bluebird Nordic’s fleet is part of fleet renewal and expansion for the airline. The aircraft type has already proved to be a very liable and economical aircraft and has been very well received by our customers. We look forward working with Aergo Capital."

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