Aergo Capital Announces the Acquisition of One (1) Boeing 737-800 aircraft, on Lease to Jeju Air, from Aviation Capital Group

7th November 2024 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has acquired one (1) B737-800 aircraft, bearing the manufacturer serial number 38101, from Aviation Capital Group. The aircraft is on lease with South Korean low-cost carrier, Jeju Air.   

Fred Browne, Chief Executive Officer of Aergo, commented: “We are pleased to announce the acquisition of one B737-800 from Aviation Capital Group, with a Jeju lease attached. I would like to extend my gratitude to the team at Aviation Capital Group for their continued support and dedication throughout the entire transaction process and look forward to any collaboration opportunities in the future.”      

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

MUFG was the sole lender on this transaction.