This latest transaction marks the third Saab 2000 placed on lease to Skywork Airlines by Skyworld, with an additional aircraft scheduled for delivery in 2nd quarter. Skyworld also negotiated a lease extension on an existing Saab 2000 late last year. Skyworld’s relationship with Skywork Airlines goes back to 2011 when we facilitated the sale of two Dash 8 Q400’s to the airline.
We are also delighted to mention that Eastern Airways has appointed Skyworld to provide lease management services for the length of the lease term. Skyworld is proud to call Eastern Airways a long term client, having been involved in aircraft transactions for the airline group as far back as 1999. We have arranged transactions involving 24 aircraft ranging from 19 seat turboprops to 50 seat jets and we are proud to continue the relationship.