Aircraft leasing and asset management company Aergo Capital has completed the acquisition of two Airbus A320-200 aircraft from leasing company Aircastle.
The aircraft, identified by manufacturer serial numbers 3667 and 5510, remain on lease to Avianca Airlines, Colombia’s flag carrier, and Mexican low-cost carrier Volaris.
Smith Gambrell Russell LLP served as lead counsel to Aergo Capital, while PK AirFinance arranged the debt for the transaction.
Eugene O’Reilly, acting chief executive at Aergo Capital, stated that the company acquired the two Airbus A320 aircraft from Aircastle and welcomed Volaris to its lessee portfolio. He extended appreciation to both teams for their collaboration in closing the deal and expressed interest in continuing the relationship with Aircastle.