Aergo Capital has completely the sale of an A350-900 aircraft (currently on lease to Singapore Airlines) as well as two Rolls Royce Trent engines to Investec Bank, and the prepayment of associated debt with Dubai Islamic Bank.
“We extend our gratitude to Singapore Airlines, who have been an excellent lessee throughout the duration of our partnership,” said Aergo chief executive officer Fred Browne, “and to Investec, for their collaboration and dedication in completing this sale.”
Investec aviation finance consultant Clayton Woollgar added: “we are delighted to have completed the acquisition of our second new-tech widebody aircraft on lease to Singapore Airlines and would like to extend our thanks to the Aergo Capital team for their hard work and professionalism throughout the process.