SkyWorks Holdings today announced transactions and activities performed during Q2 2018

Greenwich, CT.
July 31, 2018

SkyWorks Holdings today announced transactions and activities performed during Q2 2018

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 yearsale-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 and Management Consulting Services​ 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.

 

About SkyWorks Holdings, LLC:

SkyWorks Holdings provides a full complement of asset management, investment banking, and management consulting services globally to the aviation industry through its subsidiaries. SkyWorks Leasing, which operates the firm’s Asset Management Group, is a leading independent aircraft remarketing, asset management, and technical advisory firm serving owners and operators of commercial aircraft. SkyWorks Capital, which operates the firm’s Investment Banking and Management Consulting Groups, is a premier aviation advisory and investment banking firm with key activities including aircraft order campaigns, arrangement of lease and debtfinancing, M&A related aircraft evaluations, restructuring advisory services, and network and fleet planning. SkyWorks’ services have encompassed over 10% of the global commercial jet fleet.

SkyWorks operates globally with offices in Greenwich, CT., Dublin, and Singapore, with headquarters located at 283 Greenwich Avenue, Greenwich CT. 06830, Tel. 203-983-6677. www.skyworkscapital.com

Contacts:

Anders Hebrand
Managing Director & Head of Asset Management
+1 (203) 983-6683

Matthew Landess
Managing Director & Head of Investment Banking
+1 (303) 663-6630

Scott Gibson
Managing Director & Head of Management Consulting
+1 (203) 983-6685

Public Relations Manager

Jill Jaki

203-983-6677

SkyWorks Holding, LLC

283 Greenwich Ave. - 4th Floor

Greenwich, CT - 06830

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