Aergo Capital Limited is an aircraft

Aircraft

An aircraft is a vehicle that is able to fly by gaining support from the air, or, in general, the atmosphere of a planet. An aircraft counters the force of gravity by using either static lift or by using the dynamic lift of an airfoil, or in a few cases the downward thrust from jet engines.Although...

 operating, maintenance and leasing company based in Dublin, Ireland

Republic of Ireland

Ireland , described as the Republic of Ireland , is a sovereign state in Europe occupying approximately five-sixths of the island of the same name. Its capital is Dublin. Ireland, which had a population of 4.58 million in 2011, is a constitutional republic governed as a parliamentary democracy,...

. The company was founded in 1999 by Denis O'Brien

Denis O'Brien

Denis O'Brien is an Irish businessman with international connections. An Arts graduate of University College Dublin, O'Brien has received a MBA in corporate finance from Boston College in 1982, and was later given an honorary doctorate by University College Dublin.O'Brien has involvement with...

. In addition the the Dublin head office, the company has offices in Chicago

Chicago

Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...

, Johannesburg

Johannesburg

Johannesburg also known as Jozi, Jo'burg or Egoli, is the largest city in South Africa, by population. Johannesburg is the provincial capital of Gauteng, the wealthiest province in South Africa, having the largest economy of any metropolitan region in Sub-Saharan Africa...

, Nairobi

Nairobi

Nairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...

 and Santiago

Santiago

Santiago is the capital city of Chile. Santiago may also refer to:*Santiago *Santiago , a Spanish given name*Santiago!, a shortened form of the Reconquista battle cry "Santiago y cierra, España"...

.

Aergo is ranked among the 20 largest aircraft-leasing firms in the world. Its fleet consists of more than 40 aircraft leased to more than 14 clients.
Aircraft types in the fleet include Boeing 737

Boeing 737

The Boeing 737 is a short- to medium-range, twin-engine narrow-body jet airliner. Originally developed as a shorter, lower-cost twin-engine airliner derived from Boeing's 707 and 727, the 737 has developed into a family of nine passenger models with a capacity of 85 to 215 passengers...

s, McDonnel Douglas MD-83s and Avro RJ85s.

Safair

Aergo acquired the South African aircraft leasing and operating company Safair

Safair

Safair is an airline based in Kempton Park, Ekurhuleni, Gauteng, South Africa. Operator of one of the world's largest fleets of civil Lockheed L-100 Hercules cargo aircraft, it also conducts aircraft chartering, leasing and sales, contract operations and leasing services, flightcrew leasing and...

 in December 2008 then sold it to ASL Aviation in November 2010 and subsequently opened an office in Johannesburg.
The company nevertheless reported a 69% drop in pre-tax profits in 2010 in spite of selling Safair for $20 million more than what they paid for it. They ascribed the drop to foreign exchange losses due to much of their debt being in South African Rand

South African rand

The rand is the currency of South Africa. It takes its name from the Witwatersrand , the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. The rand has the symbol "R" and is subdivided into 100 cents, symbol "c"...

.