SKY Leasing Announces Sale-Leaseback for (2) Boeing B737 MAX 9 Aircraft with Icelandair

San Francisco – February 2021 – SKY Leasing (“SKY”), a full-service aircraft asset manager, announces it has signed an agreement for the sale and leaseback of (2) Boeing B737 MAX 9 aircraft with Icelandair. The transaction covers deliveries to Icelandair in Spring 2021.

“We are pleased to welcome SKY Leasing as a new lessor partner, and especially at a time when EASA and other regulatory bodies have followed the FAA in recertifying the MAX family. The MAX 9 is an ideal asset for Icelandair, offering excellent flight economics, passenger comfort and range capability across our network” said Eva Sóley Guðbjörnsdóttir, Chief Financial Officer, Icelandair Group.

“We are delighted to support one of Europe’s most established flag-carriers on its MAX programme, and particularly at a time when this aircraft is once again taking to the skies” said John Duffy, Chief Commercial Officer, SKY Leasing.

About SKY Leasing

SKY Leasing (“SKY”) is a premier aircraft leasing asset manager with offices in Dublin, Ireland and San Francisco, California. It was founded in 2019, in partnership with M&G Investments which acquired a stake in the business and invested $300 million of equity in its first fund. 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.

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