Aergo Capital
Aergo Capital Limitedis an Irishaircraft leasingand trading company which was founded in 1999.[1]Originally formed byDenis O'Brienand 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 includedEthiopian Airlines,South African Airways,Jet Airwaysin India andLion Airin Indonesia.[6]As of November 2016, Aergo had a fleet of 30 aircraft.[7]In November 2022, an article in theIrish Independentsuggested that the company had acquired Seraph Aviation, bringing its fleet "to more than 300 aircraft".[8]The company's website lists aircraft includingATR 72s,Boeing 737s,Airbus A320sandAirbus A330s.[9]
The company, which is headquartered inDublin,[8]was reportedly involved in a legal action withAir Italyin late 2008.[10][11]
References
[edit]- ^O'Halloran, Barry (29 May 2021)."Irish aircraft lessor Aergo Capital targets $2bn fleet by year end".Irish Times.Retrieved24 June2024.
- ^Taylor, Charlie (2 October 2014)."Investment firm takes stake in Denis O'Brien's Aergo".Irish Times.Retrieved24 June2024.
- ^Joe Brennan (2 October 2014)."Denis O'Brien Sells Aircraft Leesing Company to CarVal".Bloomberg.Retrieved22 October2016.
- ^Percival, Geoff (3 October 2014)."O'Brien sells off Aergo stake".Irish Examiner.Retrieved24 June2024.
- ^John Mulligan (3 October 2014)."O'Brien sells stake in aircraft leasing firm Aergo".Independent.ie.Retrieved22 October2016.
- ^O'Halloran, Barry (20 November 2017)."Aergo Capital refinancing deal may power €1bn in plane purchases".Irish Times.Retrieved24 June2024.
- ^O'Halloran, Barry (21 November 2016)."Aergo Capital expands its fleet with four Bombardier planes".Retrieved24 June2024.
- ^abO'Connor, Fearghal (27 November 2022)."Dublin lessor Aergo Capital in deal to acquire Seraph Aviation".Irish Independent.Retrieved24 June2024.
- ^"Our Portfolio".aergocapital.Retrieved24 June2024.
- ^Kehoe, Ian (2 November 2008)."O'Brien's Aergo launches legal action".businesspost.ie.Retrieved24 June2024.
- ^"Leasing firm begins action over aircraft purchase agreement".Irish Examiner.4 November 2008.Retrieved24 June2024.
External links
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