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Skytech-AIC wins mandate to arrange sale-leaseback of 10 new A220s for airBaltic

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Skytech-AIC wins mandate to arrange sale-leaseback of 10 new A220s for airBaltic

Skytech-AIC has been mandated to arrange the sale and leaseback of an additional 10 new airBaltic Airbus A220-300 aircraft.

In 2018 Skytech-AIC brought two packages each of six new Airbus A220-300s to the sale and leaseback market: the first such open-market transactions involving both the A220-300 and airBaltic. The transactions proved very successful and Skytech-AIC is now delighted to have been appointed by airBaltic to arrange the sale and leaseback of a further tranche of 10 new A220-300s with deliveries commencing in November 2019.

“Both of last year’s transactions were exceptionally well received” comments Skytech-AIC Director John Taylor. “Both were greatly over-subscribed demonstrating that the Airbus A220-300 and airBaltic are a highly desirable combination for investors and we are confident that this new transaction will receive an even warmer reception.”