San Francisco, November 6, 2008

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.

“I am thrilled to work with the Sky team again,” commented Bright.  “We are building out our marketing platform to aggressively service our worldwide customer base.  As the capital markets have retrenched, the operating lease product becomes an even more important tool for the airlines and the manufacturers’ order books.  Our goal is to provide a substantial amount of that capital.”  Bright brings Sky a 30+ year background in the sales and marketing of commercial aircraft, including experience as Boeing’s Head of Sales and Pegasus Aviation’s Chief Marketing Officer. 

“Sky’s platform enables us to seek out the world’s strongest airlines and provide a competitive financing tool to meet their fleet requirements,” said Huang.  “In particular, my emphasis has been on China and the Pacific Rim, a high-growth region which has a strong appetite for the full slate of modern aircraft.”  Huang has spent 18 years working in aviation finance, including 5 years at Pegasus as well as marketing and finance positions at Intrepid Aviation and Xiamen Airlines in China.

“Toby and Liwen help us continue our mission to become the world’s largest privately-held provider of capital to the world’s airlines,” stated Rich Wiley, Sky’s Chief Executive Officer.  “They both have a long, proven track record with an excellent global customer base, and were instrumental in the construction of the $6+ billion portfolio we had amassed at Pegasus.”

 

About Sky Holding Company, LLC

Sky was founded in mid-2007 by the former executive management team of Pegasus Aviation in San Francisco, CA.  At the time of its sale in 2007, Pegasus had been built into the world’s largest privately-held commercial aircraft lessor, with a $6.5+ billion portfolio and nearly 100 airline customers worldwide.  Sky is a leading provider of capital to airlines around the world, as well as a manager of approximately 100 aircraft for institutional investors.  The Company’s management team has over 90 years of experience in aircraft leasing, financing, conversion, and asset management.  Sky management partnered closely with over 30 financial institutions to fund its growth at Pegasus and has maintained these important relationships to support its goal to again become the preferred provider of sale/leaseback capital to the airlines.  Since the 1990’s, Sky’s team has originated nearly $10 billion in Boeing/Airbus/McDonnell-Douglas equipment and has remarketed over 300 aircraft through its broad customer network.  

For inquiries:

(415) 655-5000

info@skyholding.aero