03 Jul 2022 - Dublin, Ireland: Aergo Capital Limited (“Aergo”) has delivered one Q400 aircraft bearing manufacturer serial number 4380 to the Portuguese airline, SATA Air Azores. Skyworld Aviation provided assistance in arranging the deal.

Fred Browne, Chief Executive Officer of Aergo, commented: “We are pleased to have successfully delivered one Q400 aircraft to SATA Air Azores. We are delighted to add this airline to our growing lessee portfolio and look forward to working together going forward. Special thanks to all those involved in successfully executing this deal”.

Luis Rodrigues, Chief Executive Officer of SATA Air Açores, commented: “Our mission is to secure great mobility for residents and visitors within the 9 islands of this paradise archipelago of the Azores. In the post-pandemic era that requires agility, among other attributes. Aergo Capital has been a constructive partner and our teams have worked closely together to help Air Açores fulfil that mission.”

Chris Beer, Managing Director of Skyworld Aviation, commented: “We are honoured to have assisted Aergo in arranging this Q400 transaction to SATA Air Açores. This is the second transaction facilitated for Aergo in as many months and we look forward to our next co-operation. We are also delighted to have SATA Air Açores on board as a new customer.”

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