Batik Air Malaysia takes delivery of two Boeing 737 MAX-8s from Aergo Capital

DUBLIN, IRELAND — Irish lessor Aergo Capital has delivered two further Boeing 737 MAX 8 jets to Malaysia's low-cost operator Batik Air.

The aircraft, bearing manufacturer serial numbers 43010 and 43014, are the sixth and seventh of eight aircraft to be delivered to the Lion Air Group. Aergo Capital secured a loan facility from PK AirFinance, an aviation lending affiliate of Apollo, to assist in the financing and acquisition of these two aircraft.

"We are delighted to deliver the sixth and seventh of eight 737-8 aircraft to the Lion Air group. We look forward to completing the final delivery in the coming months and would like to thank all those involved in the transaction for successfully closing out these transactions," Fred Browne, Chief Executive Officer of Aergo, said.

Eelco van de Stadt, President of PK AirFinance, said: "We are pleased to extend our cooperation with Aergo Capital and look forward to continuing to support the growth of their leasing platform in the years ahead," Eelco van de Stadt, President of PK AirFinance, said.