15-Dec-2009 10:06 AM

Sky and Oaktree re-unite with USD500 million global aircraft leasing partnership

Sky Holding Company and Oaktree Capital Management announced (14-Dec-2009) a new global aircraft leasing partnership with the goal of becoming the premier provider of capital to airlines worldwide. A new USD500 million investment from funds managed by Oaktree will enable Sky to finance over USD2 billion of Boeing and Airbus aircraft p/a, with sale/leaseback activities set to commence in 1Q2010. [more]