During the fourth quarter of 2016, SkyWorks Holdings completed transactions for 19 aircraft. On behalf of Perilune Group and SHZ Aviation, SkyWorks arranged the sale and the transfer of the related financing of nine 2013-14 vintage A319s (s/n’s 5327, 6085, 6154, 6263, 6277, 6310, 6349, 6384 and 6393) on lease to American Airlines to a Dublin, Ireland-based lessor.
On behalf of a U.S. investor, SkyWorks arranged the acquisition of two A320-200 aircraft on lease to American Airlines. Both aircraft were added to SkyWorks’ portfolio of aircraft under management.
On behalf of a U.S. investor, SkyWorks arranged the sale of four 737-300 aircraft with stub leases to Southwest Airlines.
On behalf of a U.S. investor, SkyWorks arranged the sale of one MD-11F aircraft and one A300-600F aircraft on lease to FedEx.
On behalf of a U.S. investor, SkyWorks arranged the sale of two A319 aircraft on lease to American Airlines and one 757-200 on lease to United Airlines.
On behalf of a U.S. investor, SkyWorks provided investment analysis for a portfolio containing 56 aircraft.
Through its investment banking & management consulting group, SkyWorks Capital, arranged financing for the second 787-9 aircraft delivered by Boeing to AeroMexico. On behalf of a confidential client, SkyWorks arranged a $150million Revolving Credit Facility. SkyWorks concluded its engagement as an advisor to GOL in the successful out-of-court restructuring of its existing fleet-related lease obligations. SkyWorks completed an assignment serving as advisor to a confidential operator in its trans-Atlantic joint venture negotiations. The company also advised Fiji Airways on the acquisition of five Boeing 737 MAX aircraft and their subsequent sale and leaseback agreements with GECAS.
SkyWorks added that it had provided strategic advisory services to a top 10 aircraft operating lessor and continued to serve as an arranger/advisor to Delta in the SLB of 17 narrowbody aircraft (a combination of A321s and 737-900ERs) and three A330s. During the quarter, eight aircraft closings were completed with two different lessors.
SkyWorks continued to serve as an advisor to the Unsecured Creditors Committee in the Republic Airways Chapter 11 Bankruptcy restructuring, focusing on evaluating the go forward business plan (capacity purchase agreements, fleet, cost structure) and plan of reorganization matters.
SkyWorks was also engaged by a European flag carrier to provide fleet-related advisory services.