Aergo Capital continues transition out of classic aircraft with disposal of two vintage aircraft

Aergo Capital has sold two aircraft as the company continues to reduce the average age of its fleet. Aergo sold one 1997 Vintage A320-200 (MSN 0662) to a third party aircraft lessor. The aircraft is subject to an operating lease with Smartlynx Airlines.  Aergo also sold one 1998 Vintage B737-300 (MSN 29334) to Plane Business. Hal Gamble, Chief Executive Officer of Plane Business, said: “We are pleased to have concluded a further transaction with Aergo Capital and continue to strengthen the trading relationship between our companies. The mid-life single-aisle aircraft market continues to satisfy our investment criteria and we look