Lessor Switch-Up!: Aergo Sells British Airways A321 to BBAM

Lessor Switch-Up!: Aergo Sells British Airways A321 to BBAM
Anna Zvereva from Tallinn, Estonia, CC BY-SA 2.0 , via Wikimedia Commons

Earlier this month, Aergo Capital sold a British Airways Airbus A321 to BBAM in a lessor ownership switch-up between the two sides.

It is understood that it is just the one unit of the aircraft type, with no indication into whether the aircraft will stay with the British carrier.

Without further ado, let’s get into it…

Aergo Sells One British Airways A321 to BBAM…

Lessor Switch-Up!: Aergo Sells British Airways A321 to BBAM
Riik@mctr, CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0, via Wikimedia Commons


According to the Aergo press release, MSN 2653 was the aircraft sold to BBAM, which converts in registration terms to G-MEDL, one of British Airways‘ Airbus A321s.

As per data from Planespotters.net, G-MEDL is a 17.6 year old airframe, which was first delivered under the British Mediterranean Airways brand in January 2006.

It was first handed over to the airline in the first month of its deliveries with BEA operating it on their behalf.

Then, in October 2007, the aircraft was handed over to bmi British Midland, before going back to the UK carrier again in October 2012, where it has been since.

Commenting on the sale was Fred Browne, the CEO of Aergo:

“We are pleased to announce the successful sale of this A321-231 aircraft to BBAM, with lease attached to British Airways.”

“A special thanks to all those who were involved in completing this transaction. We look forward to continuing our superb relationship with both BBAM and British Airways in the future.”

Adding to this was Steve Zissis, the President & CEO of BBAM:

“BBAM is delighted to have worked with Aergo to add this Airbus A321-231 aircraft to our managed fleet, and to expand our strong and longstanding partnership with British Airways.”

With this being a lessor ownership switch-up, it does appear that the aircraft will remain with the carrier for the foreseeable future.

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By James Field - Editor in Chief 2 Min Read
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