Aergo Capital sells five aircraft from managed portfolio

Aergo Capital has announced the sale of five aircraft from its managed portfolio.

In the second and third-quarter 2019, the Irish based lessor concluded the sale of two 2014 vintage ATR 72-600 aircraft, on lease to Malindo Air, to Chorus Aviation Capital; one 2004 vintage ATR 72-500, subject to lease with AfriJet Business Service, to an affiliate of AfriJet Business Service; one 2006 vintage ATR 42-500, to AfriJet Business Service,an existing lessee of the company; and one 2004 Vintage A320-200 to Aero Capital Solutions, subject to operating lease with Smartlynx Airlines.

The aircraft were part of Aergo Capital’s managed ABS vehicle METAL 2017-1.

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