Skyco Leasing | A/c purchase and lease novation | 02-17 | 1x777-300ER | Transaction | Airfinance Journal

Skyco Leasing | A/c purchase and lease novation | 02-17 | 1x777-300ER

MSN: 41074

Skyco Leasing has acquired a Boeing 777-300ER aircraft from Novus Aviation Capital.

The lease is attached to Middle Eastern carrier Emirates.

Skyco used an off-shore trust structure to acquire the aircraft, MSN 41074.

The company’s Cayman platform is the equity lender of the trust. The senior loan is being provided by a Japanese lessor and the junior loan from a Middle Eastern bank.

Skyco now has three aircraft in its portfolio. The other two aircraft are two Boeing 737-800s (MSNs 39202 and 39203) purchased from Hong Kong Aviation Capital, with leases attached to Hainan Airlines. 

 


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