31 October 2024 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has acquired one (1) Airbus A320-200 aircraft, bearing the manufacturer serial number 5692, from SMBC Aviation Capital acting as servicer. The aircraft is on lease to Iberia.   

Fred Browne, Chief Executive Officer of Aergo, commented: “We are happy to announce the acquisition of this Airbus A320-200 aircraft, on lease to Iberia, which SMBC Aviation Capital managed. We would like to extend our gratitude to the SMBC Aviation Capital team for their diligence and collaboration in getting this deal over the line.”   

Mike Littleton, Head of Aircraft Trading at SMBC Aviation Capital, commented: “We are pleased to confirm the sale of one (1) Airbus A320-200 aircraft, which is managed by SMBC Aviation Capital, to Aergo. This transaction further strengthens the relationship between SMBC Aviation Capital and Aergo.”      

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

Investec Bank plc acted as the sole lender on this transaction.   

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