20th August 2024 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has acquired two (2) Boeing 737-800 aircraft, bearing the manufacturer serial numbers 40308 & 34989 from SMBC Aviation Capital. The aircraft are on lease to Korean low-cost carrier, T’way.

Fred Browne, Chief Executive Officer of Aergo, commented: “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.”

Michael Littleton, Head of Aircraft Trading, SMBC Aviation Capital, commented: “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.”

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

McCann Fitzgerald, LLP acted as lead counsel to SMBC Aviation Capital.

MUFG acted as the sole lender on this transaction.

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