Aergo Capital has completed the acquisition of one A320neo on lease to SAS

Aergo Capital Ltd. (“Aergo”) has completed the acquisition of one Airbus A320neo on lease to SAS – Scandinavian Airlines, bearing manufacturer serial number 7290. The aircraft was owned by SDH Wings and serviced by AviLease.

Fred Browne, Chief Executive Officer at Aergo Capital commented: “We are pleased to announce the acquisition of one Airbus A320neo aircraft from SDH Wings. Our gratitude goes out to the SDH Wings, AviLease and SAS teams for getting this deal over the line, and we look forward to future transactions with SDH Wings.”

Martin Sutton, General Manager at SDH Wings commented, “we are delighted to close our first deal with Aergo Capital and appreciate the commitment and professionalism from all parties involved in ensuring a successful and timely transaction”.

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

volofin Capital Management acted as the debt arranger on the transaction.