Batik Air has taken delivery of two 737-8 Max aircraft from Aergo Capital. With this aircraft, Aergo has delivered five out of eight 737Max to Lion Air Group. The two aircraft have serial numbers 43005 and 43012, respectively.
Fred Browne, Chief Executive Officer of Aergo, said: “We are delighted to announce the successful delivery of two further Boeing 737-8 MAX aircraft to Batik Air Malaysia. We are looking forward to delivering the remaining three aircraft by the end of this year. A special thanks to everyone involved in the smooth and efficient way these deals are being completed”.
Neal McElvaney at AV AirFinance, said: “We are very pleased to have the opportunity to work with Aergo once again and to conclude these fourth and fifth Batik Air transactions. We look forward to closing out one further delivery to conclude this transaction and to continuing to build our relationship with Aergo.”
Aergo Capital secured a loan facility from AV AirFinance to assist in the finance and acquisition of these aircraft. Smith, Gambrell & Russell, acted as lead counsel to Aergo.