Sky Holding Company as servicer for the PALS Portfolio is pleased to announce the lease assignment and lease extension of (1) Boeing 747-400 aircraft with Aerolineas Argentinas. Established by the Argentine Ministry of Transport in 1949, Aerolineas Argentinas serves more than 30 domestic and 20 international destinations in Europe, the Americas and Australasia. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce the lease extension of (2) Boeing 737-400 aircraft with Air One. As the Italian flag-carrier serving 23 domestic cities and 47 internationally, Sky Holding Company is happy to assist them in achieving their goals. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce the delivery of (2) Boeing MD-82 aircraft to Aserca Airlines. Founded in 1968 for private transportation purposes, Aserca Airlines has grown to service nine domestic destinations, as well as regional services to Aruba and Curacao and charters to the Carribean, Central America and the United States. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce the lease extension of (1) Boeing 757-200 aircraft with Avianca. Founded in 1940, Avianca is Colombia’s privately owned flag-carrier, operating international services to Europe, the United States, Aruba, Curacao and Latin America, in addition to domestic and charter flights. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce the delivery of (1) Boeing MD-87 aircraft with Macair Jet. Macair Jet is an Argentine carrier that provides executive business charter, domestic, regional and international cargo services. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce the lease extension of (2) Boeing 767-300 aircraft with Mexicana. Mexicana is one of Mexico’s oldest and leading airlines, servicing over 50 destinations in the Americas, the Caribbean, and Europe. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce the delivery of (1) Boeing 757-200 aircraft to Santa Barbara Airlines. Santa Barbara Airlines operates scheduled domestic and regional routes from its hub in Caracas to destinations including Curacao, Guayaquil, Lima, Miami and Santiago de Compostela. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce the lease extension of (4) Airbus A320-200 aircraft with Sichuan Airlines. The Chengdu-based airline provides service to more than 20 destinations within China and Sky Holding Company is pleased to help them achieve their goals. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce the lease extension of (1) Boeing 767-300 aircraft with Transaero Airlines. Founded in 1990, Transaero Airlines in the first non-Aeroflot company approved for scheduled passenger services in Russia and Sky Holding Company is pleased to assist them in achieving their goals. ...Full Story

Sky Holding Company as servicer for the PALS Portfolio is pleased to announce the lease assignment and lease extension of (1) 757-200 to Aerogal. Based in Ecuador, Aerogal operates principally domestic routes but will be using the 757-200 to open its first international route. Aerogal is principally owned by Synergy group. ...Full Story

Sky Holding Company, LLC is pleased to announce the hiring of Toby Bright as Executive Vice President and Chief Marketing Officer, and Liwen Huang as Senior Vice President Marketing – Asia/Pacific. Both Bright and Huang had previously worked with Sky’s management team at Pegasus Aviation. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce the lease placement of (2) MD-87 aircraft with LEAL Lineas Aereas in Argentina. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce lease extensions for (3) 757-200ER aircraft currently with Air Astana. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce the completion of a lease extension with Sichuan Airlines for (1) A320-200. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce a lease extension with Batavia for (1) 737-400. ...Full Story

Sky Holding Company LLC is pleased to announce the lease of (2)727-200F to TOTAL Linhas Aereas. TOTAL based in Brazil, operates a fleet of 727F offering both scheduled and charter services. ...Full Story

Sky Holding Company as servicer for the PALS portfolio is pleased to announce the lease placement of (3) 757-200 aircraft with Delta Airlines. ...Full Story

Sky Holding Company LLC as servicer for the PALS portfolio is pleased to announce it has agreed to lease extensions with Spanair for (2) MD-82’s. ...Full Story

On March 10th, 2008 Sky Holding Company, LLC became the Servicer for each of the PALS1999, PALS2000, and
PALS2001 securitizations, in place of Pegasus Aviation Finance Company. As Servicer, Sky now manages an
additional 90 aircraft with 40 customers worldwide. The PALS portfolio is a mixed fleet of Boeing and Airbus aircraft with
a combined current market value of approximately US$1.25 billion. All marketing, technical, and legal services for the
portfolio are performed in-house. A detailed list of the aircraft types in the PALS portfolio is available on the "Aircraft
Type" page. For any inquiries about aircraft currently available for dry-lease, please email info@skyholding.aero.

NEW YORK (Reuters) - European private equity firm Terra Firma Capital Partners said on Friday it bought aircraft
leasing business Pegasus Aviation Finance Co. for $5.2 billion, combining it with its own AWAS unit to create the
world's third-largest plane lessor ...Full Story

Terra Firma, the buy-out group controlled by British financier Guy Hands, has doubled the size of its aircraft leasing
business with the acquisition of San Francisco-based Pegasus Aviation Finance for $3.4bn, including debt....Full Story

British private equity group Terra Firma swooped into the aviation sector on Friday to become the world's third-biggest
aircraft leasing operator, snapping up US firm Pegasus for 5.2 billion dollars...Full Story

Pegasus Aviation Finance Company ("Pegasus"), a newly formed subsidiary of Pegasus Aviation, Inc., and Oaktree
Capital Management, LLC ("Oaktree") today announced an agreement in which investment funds managed by Oaktree
will invest $150 million in Pegasus, in partnership with Pegasus Management. The first funding of $100 million has
been completed and the second funding of $50 million will be completed on or before July 2004. The transaction
provides Pegasus with growth capital to broaden its position as one of the world's leading commercial aircraft leasing
and financing companies...Full Story