SkyWorks Holdings today announced transactions and activities performed during Q2 2018 for its Asset Management, Investment Banking, & Management Consulting Groups.

Asset Management Group Activities:

Asset Management Services, provided through SkyWorks Leasing, included transactions for nine aircraft and additional services as follows:

  • On behalf of a U.S. investment fund, SkyWorks arranged the sale of six E175s on lease to Delta Air Lines.
  • On behalf of a U.S. investor, SkyWorks managed the lease return of an A320 from Scoot Tigerair. SkyWorks also arranged a back-to-back lease to Orange2Fly, Greece.
  • On behalf of Modern Logistics, a Brazilian 3PL and air freight operator, SkyWorks arranged a five year sale-lease back for a 1989 built B737-400SF. The aircraft was acquired by AerSale, Inc. SkyWorks also sourced and arranged an operating lease for one additional B737-300SF. The aircraft is scheduled to deliver in July 2018 and will be the fourth B737SF in Modern’s fleet.
  • On behalf of a U.S. investor, SkyWorks sold two PW4056 engines and a B747-400 airframe to two separate parties.
  • SkyWorks is also offering two 2006 vintage A330-300 (RR), available for sale or lease in October 2018.

Investment Banking & Management Consulting Group Activities:

Investment Banking and Management Consulting Services, provided through SkyWorks Capital, included the following:

  • SkyWorks was retained by a European flag carrier to provide fleet-related advisory services.
  • SkyWorks continued to provide fleet- and network-related advisory services to Fiji Airways, including long-term market growth analysis and schedule-driven operational cost reduction and aircraft acquisition advisory services.
  • SkyWorks continued to provide fleet-related advisory services to Royal Jordanian Airlines, including lease extension/returns and aircraft acquisition advisory services.
  • SkyWorks continued to provide aircraft sourcing and fleet-related advisory services to a North American low cost carrier.
  • SkyWorks continued to act as arranger/advisor to Delta Air Lines under a 2018 engagement to arrange sale and leaseback financing for narrowbody aircraft.
  • SkyWorks continued to act on behalf of Atlas Air Worldwide Holdings in respect of 20 767-300ERFs that it is acquiring to operate for Amazon Fulfillment Services, Inc. As previously announced, in 2017, 12 of these aircraft were funded via a Japanese bank (6 aircraft) and a private placement transaction (6 aircraft).
  • SkyWorks acted as an arranger/advisor to an operating lessor to arrange debt financings for one 777- 300ER on lease to Emirates and one 737-800 aircraft on lease to American Airlines that it acquired. The financing for the 777-300ER closed in 1Q 2018 with a consortium of banks, while the financing of the 737-800 aircraft closed in 2Q 2018 with a U.S.-based bank.