Aergo Capital Announces Sale of 3x DHC-8-400 to Avmax Aircraft Leasing Inc.
8th December 2024 – Dublin, Ireland: Aergo Capital (“Aergo”) has completed the sale of three (3) DHC-8-400 aircraft, bearing the MSNs 4323, 4332 (on lease to Luxwing) and 4380 (on lease to SATA) to Avmax Aircraft Leasing Inc.
Fred Browne, Chief Executive Officer at Aergo commented: “We are delighted to have completed the sale of these three DHC-8-400s to Avmax. We would like to extend our thanks to the Avmax team for their ongoing professionalism throughout the transaction and look forward to working with them again on future opportunities.”
Steve Hankirk, CEO of Avmax, stated: “This acquisition underscores Avmax’s commitment to expanding our fleet with high-quality, reliable aircraft that meet the diverse needs of our customers. We value the strong partnership we’ve developed with Aergo and look forward to future collaborations as we continue to grow our leasing portfolio.”
Giuseppe Sapia, Chief Executive Officer at Luxwing commented: “We are excited to continue operating these reliable DHC-8-400 aircraft and would like to express our appreciation for Aergo’s professionalism throughout the leasing process and for the opportunity to collaborate with Avmax as our new lessor. We look forward to the future with optimism and are confident that this transition will further strengthen our commitment to delivering quality services to our clients.”
Smith Gambrell & Russell, LLP acted as lead counsel to Aergo.
About Aergo Capital
Aergo Capital is an aircraft leasing and asset management company founded in Dublin, Ireland in 1999. Over the last 25 years, Aergo has established itself as a leading global platform with over $5.5bn worth of aircraft owned & managed, operating in over 40 countries around the world. Aergo is one of the top 4 asset managers globally with over 300 years of collective experience in Aergo’s senior management team.
For more information about Aergo Capital, visit www.aergocapital.com or follow us on LinkedIn.
About Avmax
Avmax, founded in 1976, is a diverse company offering a wide variety of products and services related to aviation. We have locations, operations and deployment worldwide.
We take special interest in our customers. It is our goal to learn and understand their needs so that we can help them to simplify and grow their business.
At Avmax, we work hard to provide high quality services on time and within budget. We specialize in Aircraft Leasing, Spares, MRO, Airline Operations, Engine Sales & Leasing, Aerospace Insurance, Avionics, Components, Engineering, and Paint requirements for regional aircraft.
For more information about Avmax, visit us at www.avmax.com.