31 August 2023 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has completed the sale of one (1) Airbus A321-231 aircraft bearing manufacturer serial number (MSN) 2653, to BBAM. This aircraft is currently on lease to British Airways.
Fred Browne, Chief Executive Officer of Aergo, commented: “We are pleased to announce the successful sale of this A321-231 aircraft to BBAM, with lease attached to British Airways. A special thanks to all those who were involved in completing this transaction. We look forward to continuing our superb relationship with both BBAM and British Airways in the future.”
Steve Zissis, President and Chief Executive Officer of BBAM, commented: “BBAM is delighted to have worked with Aergo to add this Airbus A321-231 aircraft to our managed fleet, and to expand our strong and longstanding partnership with British Airways.”
Babcock & Brown Aircraft Management (BBAM) is one of the world’s largest and longest standing aircraft lessors, with more than $15 billion in aviation assets under management. For more than 30 years, we have delivered sophisticated fleet financing solutions to airlines and broad and expanding range of aircraft leasing and finance opportunities to our partners. BBAM employs more 140 professionals globally with offices in Dallas, Dublin, Puerto Rico, San Francisco, Singapore, Tokyo, and Zurich. You can find more info about BBAM on our website at www.bbam.com.
About Aergo Capital
Aergo Capital (Aergo) is an aircraft leasing and asset management company founded in Dublin, Ireland in 1999. Over the last 24 years, Aergo has established itself as a leading global platform with over $5.86bn worth of aircraft owned or managed, operating 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.