Saturday March 28, 2020

Aergo fleet rises to 30 aircraft after spate of new acquisitions

Firm now has a fleet worth over $600 million

27th November, 2016
Aergo Capital’s chief executive Fred Browne Picture: Fergal Phillips

A deal by Aergo Capital to buy four Bombardier aircraft last week means that the Dublin-based leasing firm has doubled its fleet during 2016.

Aergo now has a fleet worth over $600 million, with an order pipeline of up to $400 million and plans for further expansion, the company said.

Last week, the firm acquired for an undisclosed sum the ownership interest in a British Virgin Island entity which owns the four Bombardier Q400 NextGen aircraft. All four...

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