SkyWorks Holdings has partnered with LuminArx Capital Management to launch SkyLight Aero Finance Holdings DAC (SkyLight), a new platform providing secured debt financing to the global commercial aviation market.
SkyLight aims initially to underwrite up to US$1 billion in loans and finance leases secured against commercial aircraft and engines. The platform combines SkyWorks’ aviation, asset management and technical expertise with LuminArx’s experience in flexible capital solutions, creating a scalable and disciplined lending business.
“The launch of SkyLight represents a natural complement to SkyWorks’ long-standing business supporting our airline and lessor clients, leveraging our deep expertise in aircraft asset management, capital markets, and financial structuring,” commented Jeff Craine, Chief Financial Officer of SkyWorks. “Given the strong and sustained demand for flexible, asset-based financing solutions, SkyLight is well positioned to deploy capital prudently and deliver attractive, risk-adjusted returns. Our goal is to build a durable lending platform that supports the evolving needs of airlines, lessors, and investors worldwide.”
