Aergo Capital announces the acquisition of one Airbus A320 family aircraft, on lease to Wizz Air, from Deucalion Aviation

10 January 2025 – Dublin, Ireland: Aergo Capital Limited (“Aergo”) has acquired one (1) Airbus A320 family aircraft, bearing the manufacturer serial number 5660, from Deucalion Aviation on behalf of a managed client. The aircraft is on lease to the ultra-low-cost carrier, Wizz Air. 

Fred Browne, Chief Executive Officer of Aergo, commented: “We are delighted to announce the acquisition of one A320 Family aircraft from Deucalion, with a Wizz Air lease attached. This marks our first transaction with Deucalion and we look forward to working with them again on many more in the future. We would also like to thank Wizz Air for their flexibility and collaboration throughout this transaction process.” 

Jon Skirrow, CEO of Deucalion Aviation said: “We are delighted to successfully complete this sale and purchase transaction with the Aergo team and look forward to collaborating again with Aergo in the future . We are extremely grateful to Wizz Air for their excellent support and engagement in facilitating the closing of the transaction during the Holiday Season.” 

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

Investec acted as structuring agent and lender on this transaction. 

About Aergo Capital   

Aergo Capital is an aircraft leasing and asset management company founded in Dublin, Ireland in 1999. Over the last 26 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.