26 April 2021 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has successfully delivered one (1) 2007 Vintage ATR72-500F aircraft to the Democratic Republic of Congo (DRC) based cargo operator, CAA Congo. The aircraft bearing manufacturer’s serial number 775 was placed on a long term operating lease with the airline having recently completed a conversion to freighter.
Fred Browne, Chief Executive Officer of Aergo, commented: “We are delighted to have completed the delivery of this aircraft to CAA Congo and we continue to see growth in the demand for freighter aircraft. This transaction underlines Aergo’s breadth and strength of airline relationships worldwide.”
Smith, Gambrell & Russell, LLP acted as a lead counsel to Aergo and KPMG advised on tax matters.