26 July 2022 - Dublin, Ireland: Aergo Capital Limited (“Aergo”) has delivered two further B737-8 (MAX) aircraft to Batik Air Malaysia. The aircraft, bearing manufacturer serial numbers 43017 and 43018, are the second and third of eight MAX aircraft to be delivered to the Lion Air Group. Aergo Capital secured a loan facility from AV Airfinance to assist in the finance and acquisition of these aircraft.

Fred Browne, Chief Executive Officer of Aergo, commented: “We are pleased to announce the successful delivery of two further Boeing 737-8 MAX aircraft to Batik Air Malaysia. The first of these aircraft was delivered less than a month ago and we are looking forward to delivering the remaining 5 aircraft in the coming months. A special thanks to everyone involved in continuing to successfully execute this deal”.

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