Aergo Capital
Aergo Capital Limited is an Irish aircraft leasing and trading company which was founded in 1999.[1] Originally formed by Denis O'Brien and Fred Browne,[2] in October 2014 Aergo Capital partnered with CarVal Investors and is now under the ownership of funds managed by Carval Investors.[3][4]
By late 2014, Aergo had reportedly "traded more than 150 aircraft" with over 50 airlines.[5] As of 2017, these airlines included Ethiopian Airlines, South African Airways, Jet Airways in India and Lion Air in Indonesia.[6] As of November 2016, Aergo had a fleet of 30 aircraft.[7] In November 2022, an article in the Irish Independent suggested that the company had acquired Seraph Aviation, bringing its fleet "to more than 300 aircraft".[8] The company's website lists aircraft including ATR 72s, Boeing 737s, Airbus A320s and Airbus A330s.[9]
The company, which is headquartered in Dublin,[8] was reportedly involved in a legal action with Air Italy in late 2008.[10][11]
References
- ↑ Irish aircraft lessor Aergo Capital targets $2bn fleet by year end, Irish Times, 29 May 2021
- ↑ Investment firm takes stake in Denis O'Brien's Aergo, Irish Times, 2 October 2014
- ↑ Denis O'Brien Sells Aircraft Leesing Company to CarVal, Bloomberg, 2 October 2014
- ↑ O'Brien sells off Aergo stake, Irish Examiner, 3 October 2014
- ↑ O'Brien sells stake in aircraft leasing firm Aergo, Independent.ie, 3 October 2014
- ↑ Aergo Capital refinancing deal may power €1bn in plane purchases, Irish Times, 20 November 2017
- ↑ Aergo Capital expands its fleet with four Bombardier planes, 21 November 2016
- ↑ 8.0 8.1 Dublin lessor Aergo Capital in deal to acquire Seraph Aviation, Irish Independent, 27 November 2022
- ↑ Our Portfolio, aergocapital.com, 24 June 2024
- ↑ O'Brien's Aergo launches legal action, businesspost.ie, 2 November 2008
- ↑ Leasing firm begins action over aircraft purchase agreement, Irish Examiner, 4 November 2008
See also
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