20 August 2018 – Aergo Capital (Dublin & Hong Kong) are pleased to announce the acquisition of two Airbus A321-200 aircraft (MSN’s 4099 & 4148) from AviaAM Leasing (Lithuania). The aircraft are subject to long term operating leases with Air Transat (Canada).  The acquisition brings Aergo Capital’s owned and managed fleet to 46 aircraft.

Aergo Capital’s CEO Fred Browne said, “This acquisition is the latest step in implementing Aergo’s strategy of acquiring younger aircraft on existing long-term leases and supports the growth and diversification of our portfolio. We are delighted to have worked with AviaAM Leasing on this transaction and look forward to developing our partnership with Air Transat.”

AviaAM Leasing Chairman and CEO Tadas Goberis said, “We are happy to successfully conclude this transaction with Aergo Capital and AirTransat. By constantly expanding our business capabilities, we look forward to strengthening this partnership and collaborating on more projects in the future.”

Smith, Gambrell & Russell (English counsel), A & L Goodbody (Irish counsel), Blake, Cassels & Graydon LLP (Canadian Counsel) and KPMG (tax consultant) acted for Aergo Capital.