SkyWorks Announces Q2 2019 Activities

Editor -

SkyWorks Holdings today announced transactions and activities performed during Q2 2019 for its Leasing & Asset Management and Investment Banking & Advisory Groups.

Leasing & Asset Management Group activities included the following:

• SkyWorks arranged the sale of two ex-China Eastern Airlines A330-300s (s/n 777 and 781) on behalf of Bellinger Asset Management.
• SkyWorks arranged lease extensions for three A320s on-lease to American Airlines on behalf of a US investor.
• SkyWorks completed its assignment for the sale of four A300F4-605R aircraft on behalf of one of its portfolio clients.
• SkyWorks was retained by a US investor to arrange a portfolio sale of five A320s on-lease to United.
• SkyWorks was engaged by RESIDCO to arrange the sale of two 737-700s on-lease to WestJet.
• SkyWorks was retained by a major US financial institution to remarket three 737-700s and one 737-800 coming off-lease in 2019/2020.
• SkyWorks continued to provide aircraft sourcing and fleet analytical support services to Modern Logistics.

Investment Banking & Advisory Group activities included the following:

• SkyWorks was engaged by a Middle East investor to provide strategic advisory services.
• SkyWorks was retained by a Middle East investor to provide investment advisory services with respect to sale-leaseback
financings.
• SkyWorks completed its assignment with Delta Air Lines where it served as arranger and advisor in connection with sale and leaseback financing of narrowbody aircraft. During the quarter, one 737-900ER lease was closed.
• SkyWorks continued to provide widebody aircraft acquisition advisory services to Fiji Airways.
• SkyWorks continued to provide fleet-related advisory services to Royal Jordanian Airlines for a complete narrowbody fleet
replacement of 17 aircraft and engines, including engine maintenance support services.
• SkyWorks continued to advise Spirit Airlines on sale-and-leasebacks for some of its 2019 A320neo deliveries.
• SkyWorks continued to advise a North American carrier on the arrangement of JOLCO financing for its 2019 aircraft deliveries.
• SkyWorks continued to provide fleet-related advisory services to a European flag carrier.
• SkyWorks continued to provide fleet-related advisory services to a North American low-cost carrier.