SkyWorks Announces Q1 2016 Asset Management Transactions
May 1, 2016
SkyWorks today announced asset management transactions and activities performed during Q1 2016. Provided through SkyWorks Leasing, the transactions involved 20 aircraft and two engines and included the following:
On behalf of Scandinavian Airlines System (“SAS”), SkyWorks arranged the sale of two JT8D-217C engines to Delta Air Lines, Inc. (“Delta”). These deliveries marked the last sales in a transaction commenced in 2012 and where 23 MD80s and 10 spare engines have been sold and delivered by SAS to Delta. In another transaction arranged by SkyWorks, Delta acquired four MD90-30 aircraft previously on lease from SAS.
On behalf of a US-based investor, SkyWorks arranged the sale of a B757 aircraft to an undisclosed operator.
For another US –based investor and longstanding portfolio client, SkyWorks arranged the sale of 15 ERJ135s previously operated by ExpressJet Airlines, Inc. In addition, SkyWorks marketed a portfolio of nine aircraft (B757, B737NGs and A319s on lease to United Airlines, Inc. and American Airlines, Inc.) and executed a Letter of Intent with a single buyer for all aircraft. The sale is expected to close in Q2 2016.
SkyWorks is currently marketing two 1998 B737-400s and one 1991 B767-300ER for sale or lease with availability in May 2016. For more information on these aircraft, please contact Johan Claesson at firstname.lastname@example.org.
About SkyWorks Leasing:
SkyWorks Leasing, which operates SkyWorks’ Asset Management Group, is a premier independent aircraft remarketing firm and provides turnkey third-party portfolio asset management, remarketing, and technical advisory services for owners and operators of commercial aircraft. SkyWorks Leasing currently manages a diverse portfolio of over 100 aircraft, including ERJ’s, CRJ’s, Airbus A319/320s and A300-600Fs, Boeing 737NGs, 757s, 767s, and 747-400Fs.
SkyWorks operates globally with offices in Greenwich, Dublin, and Hong Kong, and senior team members located in additional regions around the world.
SkyWorks is headquartered at 283 Greenwich Ave., 4th Floor, Greenwich, CT. 06830, Tel. 203-983-6677. www.skyworkscapital.com
Managing Director & Head of Asset Management
Senior Vice President
+46 70 999 1324