Aergo acquires 2004 Vintage A320-200 from AviaAM Leasing

Aergo Capital has announced that it has acquired one (1) 2004 Vintage A320-200 passenger aircraft bearing Manufacturers Serial Number 2233 from AviaAM Leasing. The aircraft is on long-term lease to Smarltlynx Airlines and will continue to be operated by SmartLynx Airlines & their ACMI customers. This acquisition brings Aergo’s fleet to 26 aircraft (including owned aircraft and aircraft under management).
Aergo Capital’s CEO, Fred Browne, said, “We are delighted to work with AviaAM Leasing on this transaction and to continue to support the expansion of SmartLynx Airlines. We are looking forward to building on our relationship as the airline continues to grow its fleet and customer base.”
Tadas Goberis, Chairman and Chief Executive Officer of AviaAM Leasing, remarked, “We value our cooperation with the European carrier SmartLynx and the possibility to support its recent expansions. But with our increasing focus on the Chinese market and the rest of Asia Pacific, we were glad to welcome Aergo Capital as the new owner of the aircraft and partner for its operator.”

About SmartLynx
Headquartered in Riga, SmarLynx Airlines is primarily a charter and ACMI operator of Airbus A320 aircraft and has been in operation since 1992. The airline also offers scheduled passenger services using 2 x A320-200 aircraft and holds Latvian and Estonian Air Operator Certificates. Including scheduled passenger services, SmartLynx operates a fleet of 13 x A320-200 aircraft, which makes SmartLynx the largest ACMI provider of A320 aircraft. For more information visit
www.smartlynx.aero
About AviaAM Leasing
AviaAM Leasing is a Warsaw Stock Exchange (“WSE”) listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales. The company specializes in mainline narrow-body aircraft as well as high-potential regional jets with major focus on the following markets: Europe, the Middle East, CIS and Asia-Pacific. Partnership with a WSE listed sister company Avia Solutions Group, which operates more than 20 subsidiaries globally, provides AviaAM Leasing with a unique platform to structure one-stop-shop aviation business solutions. For more information visit www.aviaam.com
Blake Morgan LLP (English counsel) and KPMG (tax consultant) acted for Aergo Capital.