Aergo Capital finances two new B737-900ER for Sriwijaya Air

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By TESTCustomwebLP TESTCustomwebLP September 3, 2015 20:04

Aergo Capital finances two new B737-900ER for Sriwijaya Air

Aergo Capital has financed two new 737-900ER (Extended Range) aircraft for Jakarta based Sriwijaya Air by sale and lease back. This is the first all-new airplane delivery for Sriwijaya Air, Indonesia’s third largest carrier.

“We are thrilled to conclude this transaction with Sriwijaya Air and Boeing” said Fred Browne, Chief Executive Officer of Aergo Capital. “The aircraft type and the airline are a great addition to Aergo’s fleet and we look forward to deepening our relationship with both Sriwijaya and Boeing in the near term.”

Aergo Capital is a Dublin based lessor of commercial aircraft, and since October 2014 is under the ownership of funds managed by CarVal Investors. Aergo is rapidly growing and rejuvenating its fleet. Aergo’s current fleet includes A320s, A330s and Boeing 737NGs.

“Today is a very important day for Sriwijaya Air, with the delivery of our first all-new airplanes,” said Chandra Lie, president of Sriwijaya Air. “We are delighted to work with Aergo Capital and Boeing on this new aircraft transaction. These new 737-900ERs allow us to remain a leader in the market with superior economics and the ability to provide our customers with a world-class cabin experience.“

The Jakarta-based airline operates an all-Boeing fleet of 737 airplanes and offers flights to various Indonesian destinations and a select few international cities.

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By TESTCustomwebLP TESTCustomwebLP September 3, 2015 20:04