15 July 2022 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has delivered one A320-200 aircraft bearing manufacturer serial number 4457 to Batik Air Indonesia, a member of Lion Group. This makes for the second Lion Air Group delivery in the space of 2 weeks for Aergo Capital.
The aircraft was formerly operated by an Asian based airline, it was acquired by Aergo Capital as an off-lease asset from another Irish based Lessor. Aergo Capital subsequently placed the aircraft on lease with Batik Air Indonesia.
Fred Browne, Chief Executive Officer of Aergo, commented: “We are delighted to have completed this transaction with Batik Air Indonesia and to have successfully delivered the aircraft last Friday. As always, thanks to all those involved, both at Aergo and Batik, in getting this deal over the line”.
Smith, Gambrell & Russell, LLP acted as lead counsel to Aergo.