Abelo, the dedicated turboprop aircraft lessor, has acquired a portfolio of six commercial turboprop aircraft managed by Aergo Capital Ltd., strengthening its fleet and expanding its global customer base.
The transaction includes four ATR 72-600 aircraft and two De Havilland Canada DHC8-400 aircraft. The aircraft are currently leased to Emerald Airlines, Binter Canarias, National Jet Express, Citilink (two aircraft) and Philippine Airlines, bringing five new airline operators into Abelo’s portfolio.
The acquisition forms part of Abelo’s long-term growth strategy and further strengthens its presence in the global turboprop leasing market.
“We are pleased to announce the successful acquisition of a portfolio of aircraft from Aergo Capital,” said Stephen Gorman, CEO of Abelo. “This transaction marks another milestone in our growth strategy, and we look forward to collaborating further with Aergo on future opportunities. For Abelo, this acquisition represents a strategic expansion of our footprint, strengthening our position around key turboprop assets. We are also delighted to welcome five new operators to the Abelo portfolio as part of this growth.”
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The aircraft were sold on behalf of financial partners MUFG, Development Bank of Japan (DBJ) and Korea Development Bank (KDB) under Aergo Capital’s management.
Commenting on the deal, Paul Sheridan, CEO of Aergo Capital, said, “We are pleased to announce the completed sale of six turboprops to Abelo on behalf of MUFG, DBJ and KDB under Aergo management. We extend our appreciation to all parties who assisted in closing this transaction and look forward to future transactions with Abelo.”
Tye Holmes, Sector Head for EMEA at MUFG, added, “We are delighted to have successfully completed this latest transaction through close collaboration and coordination with our valued partners, Aergo and Abelo, together with DBJ and KDB.”
The acquisition further enhances Abelo’s diversified portfolio of leased turboprop aircraft while reinforcing its relationships with leading aviation finance and asset management partners.
