Aergo Capital Limited (“Aergo”) has completed the sale of one B737-8 aircraft, MSN 44306, currently on lease to Lynx Air, to AerDragon Aviation Partners Limited (“AerDragon”) and the prepayment of associated debt to AV AirFinance. The sale was completed on the 29th of June.
We extend our gratitude to Lynx Air and AerDragon for trusting Aergo in this transaction and for their collaboration in completing the sale and purchase of MSN 44306.
Fred Browne, Chief Executive Officer of Aergo, commented: “Aergo is delighted to successfully complete this transaction with AerDragon. It is Aergo’s first deal with AerDragon and we thank them for their professionalism and cooperation. We would like to thank Lynx Air who have been an excellent lessee and helped make the transition such a smooth process.”
Gang Li, Chief Executive Officer of AerDragon, commented: “We are pleased to add Lynx Air to our growing customer base and look forward to supporting its development. This also marks our first aircraft purchase transaction with Aergo Capital and financing transaction with Société Générale. We thank all partners for their support.”
Smith Gambrell Russell, LLP acted as lead counsel to Aergo.