Financial Partnership
Sky Holding, a San Francisco leasing company, has secured $500 million in equity from Los Angeles Oaktree (private equity firm.) The latest incarnation of their long-standing relationship will provide airline sale/leaseback financing. According to Sky holding’s press release, the latest “$500 million investment from funds managed by Oaktree will enable Sky to finance over $2 billion of Boeing and Airbus aircraft annually, with sale/leaseback activities set to begin in the first quarter of 2010.”
