SkyWorks Holdings has released transactions and activities performed during the fourth quarter of 2022 for its Leasing and Asset Management and Investment Banking & Advisory Groups.
Leasing & Asset Management Group activities included the following:
On behalf of an institutional investor client, SkyWorks arranged the lease extension of two Airbus A319-100 aircraft on lease to American Airlines and arranged the sale of two Boeing 737-700 aircraft on behalf of a U.S.-based investor, on lease to a U.S. network carrier. SkyWorks concluded its role as backup-servicer for a large financial institution in respect of certain portfolio assets.
Investment Banking & Advisory Group activities included the following:
SkyWorks was retained by a North American low-cost carrier to provide fleet-related advisory services in respect of a prospective aircraft order.
The company completed an assignment acting as an advisor to Southwest Airlines with respect to the buyback of 39 Boeing 737-700 aircraft on lease with AerCap. Furthermore, SkyWorks completed an assignment on behalf of a leading lessor client, which has resulted in purchase agreements with CFM and Pratt & Whitney with respect to engine selections for its A320neo-family aircraft order book. The company completed an assignment with a North American network carrier on which it advised on fleet-related matters.
SkyWorks completed the sale-and-leaseback financing programme for Spirit Airlines’ 2023 Airbus A320neo deliveries encompassing 17 aircraft in total. SkyWorks and Spirit closed on lease agreements with Orix Aviation, Fuyo General Lease and ICBC Aviation Leasing. The company has been engaged to arrange Spirit’s 2024 sale-and-leaseback programme.
SkyWorks continued to provide aircraft and engine sourcing advisory services for Airbus A320neo and Embraer E2- family aircraft to an EMEA flag carrier.