SKY Leasing completes successful launch year

In 2016, SKY Leasing, a full-service aircraft leasing company headquartered in Dublin, Ireland, originated an initial portfolio of 18 aircraft with an appraised value of approximately US$1.0bn, diversified globally across 14 different lessees including Aeroméxico, China Airlines, Ethiopian Airlines, Hawaiian Airlines, Malindo Air, and Volaris. During its launch year, SKY Leasing successfully established itself as a creative and flexible capital provider to airlines pursuing fleet financing solutions for both new deliveries and existing capacity, and to established lessors seeking trading partners with the ability to execute large portfolio acquisitions. In 2016, SKY Leasing built on its successful track record in the bank debt market, raising approximately US$900 million of total financing between its previously announced warehouse financing facility, which included eight leading global aviation banks, and two new bilateral loans with Cathay United and Nord LB. SKY Leasing has significant debt capital committed to finance its 2017 growth plans.