Aergo Capital Limited (Aergo) has completed the acquisition of four 2014-15 Vintage ATR72-600 aircraft from a major international financial institution. The aircraft were acquired naked and in parallel, lease documentation is close to being agreed on a number of the units.
Fred Browne, Chief Executive Officer of Aergo, commented: “This acquisition demonstrates Aergo’s flexibility and broad range of skills which allows us to focus on a wide range of high-quality deals that present good value and real opportunity to yield strong returns for our investors. Aergo has seen a growing range of opportunities to work with banks and other players who are motivated to sell in today’s market.”
