Aergo Capital marks 20 years by reaching milestone of 50 commercial jet aircraft in its portfolio.
Leading aircraft leasing and trading company Aergo Capital is pleased to announce a historic milestone for the company, reaching a portfolio of fifty modern commercial jet and turboprop aircraft, as of 31 December 2018 and valued at US $1.3 billion. This achievement fittingly marks the company’s twentieth year of operation, having been established in 1999 by Fred Browne, Aergo’s Chief Executive Officer.
Commenting on today’s announcement, Fred noted: “Over the last two decades Aergo Capital has grown from a boutique trading entity into a full-service operating lessor with an established servicing platform. Last year was an extremely successful year for the company having closed transactions on eleven aircraft, established our new Hong Kong platform, and completed the securitization of approximately 52% of the Aergo Capital portfolio through our debut ABS structure, METAL 2017-1”