Aergo Capital acquires two Boeing 737-800s from SMBC Aviation; Aircraft on lease to Korean Carrier T’way.
Aergo Capital Limited has successfully acquired two Boeing 737-800 aircraft. These aircraft, with manufacturer serial numbers 40308 and 34989, were acquired from SMBC Aviation Capital. Currently, the aircraft are on lease to T’way, a Korean low-cost carrier.
Fred Browne, Chief Executive Officer of Aergo, said, “It is a pleasure to announce the acquisition of the two Boeing 737-800 aircraft from SMBC Aviation Capital. We are particularly excited to add T’way to our portfolio as a new lessee. I would also like to thank SMBC Aviation Capital for their diligence in getting this deal over the line and look forward to working with them again in the future.”
Smith, Gambrell & Russell, LLP served as lead counsel for Aergo Capital Limited, while McCann Fitzgerald, LLP acted as lead counsel for SMBC Aviation Capital. Additionally, MUFG served as the sole lender for this transaction.
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Michael Littleton, Head of Aircraft Trading, SMBC Aviation Capital, said, “SMBC Aviation Capital are pleased to confirm the sale of two Boeing 737-800 to Aergo. This transaction strengthens the relationship between SMBC Aviation Capital and Aergo and we look forward to building on this relationship in the future.”
Aergo Capital, founded in Dublin, Ireland in 1999, is an aircraft leasing and asset management company. Over the past 25 years, Aergo has become a leading global platform. Currently, it owns and manages aircraft worth over $5.5 billion. These assets are operated across more than 40 countries worldwide.
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Q. – What aircraft did Aergo Capital acquire?
A. – Two Boeing 737-800 aircraft.
Q. -From whom did Aergo Capital acquire the aircraft?
A. – SMBC Aviation Capital.