Sky Leasing Logo

News

SKY Leasing Announces Sale-Leaseback for (2) A321-200NEO Aircraft with IndiGo

San Francisco – August 17, 2020 – SKY Leasing (“SKY”), a full-service aircraft asset manager, announces it has signed an agreement for the sale and leaseback of (2) A321- 200NEO aircraft with IndiGo. The transaction covers deliveries to IndiGo in August 2020.

“We are pleased to continue our long-standing relationship with SKY Leasing. This transaction will help us induct this most cost-efficient aircraft as we continue to focus on minimizing cash burn” said Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer at IndiGo.

“We are delighted to build further on our relationship with IndiGo, one of the world’s most durable and successful low-cost carriers, and furthermore, to do so during such challenging times for our industry” said John Duffy, Chief Commercial Officer, SKY Leasing.

If you require any further information, please contact:
SKY Leasing
Anne Marie Scaramuzza
Investor Relations
Tel: +1 415 655 5000
Email: info@skyleasing.com

About SKY Leasing

SKY Leasing, LLC ("SKY") is a premier aircraft leasing asset manager with offices in Dublin, Ireland and San Francisco, California. As a full-service leasing platform, SKY leverages its experience, global network, industry insights and managerial talent to acquire and lease new and young mid-life aircraft. SKY’s corporate mission is to be a leading capital provider to airlines globally for sale and leaseback transactions. For more information about SKY Leasing, visit www.skyleasing.com.

The SKY Leasing management team, including Executive Chairman Rich Wiley and CEO Austin Wiley, have developed extensive relationships by leasing aircraft to over 200 airline customers globally and executing more than 600 aircraft transactions valued at over $20 billion. Rich and his previous management teams co-founded industry leading aircraft lessors including Pegasus Aviation Finance Company ("PAFCO"), which was established in 2004 and sold to AWAS in 2007, Jackson Square Aviation ("JSA"), which was established in 2010 and sold to Mitsubishi UFJ Lease & Finance Company ("MUL") in 2012, and Sky Aviation Leasing international Limited (“SALI”), which was established in 2015 and sold to Goshawk Aviation Limited (“Goshawk”) in 2018.

For more information, visit www.skyleasing.com.

About IndiGo

IndiGo is amongst the fastest growing low-cost carriers in the world. IndiGo has a simple philosophy: offer fares that are low, flights that are on time, and a courteous, hassle-free travel experience. With its fleet of 262 aircraft as of 31st March 2020, the airline offered 1,674 peak daily flights during the quarter and connected 63 domestic destinations and 24 international destinations. For more information, please visit www.goIndiGo.in.

You can also connect with us on Facebook, Twitter and Instagram.