EMP Aviation, which is a Dublin-based leasing subsidiary of German aircraft lessor and arranger EMP Structured Assets, has closed its first aircraft acquisition at the end of June 2019. The company acquired an Airbus A330-300 on long-term lease to South African Airways from Aergo Capital, with PK AirFinance acting as senior lender to the deal. “We are delighted about the successful completion of the transaction, proving our ability to source economically viable opportunities in a market currently characterized by an ultra-low margin environment.” says Volker Fabian, managing director of EMP Aviation Ireland. Fred Browne, chief executive officer of Aergo, added:

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