King & Wood Mallesons (KWM) acted for SkyCo International Financial Leasing Co. Ltd. (SkyCo), a rapidly growing Chinese leasing company partly owned by the Guangdong Airport Group, on the inaugural transaction by its Irish aircraft leasing platform. In conjunction with its offshore set-up, the transaction involved the acquisition of a portfolio of aircraft with leases attached to an Indonesian airline.
Commenting on the transaction, Hong Kong based Counsel, Tejaswi Nimmagadda, who led the KWM team said, “KWM has a unique perspective to offer Chinese leasing companies looking to internationalise their business. Our track record on aircraft transactions globally, coupled with our ability to advise on a variety of legal jurisdiction laws including PRC, English and New York along with our “Asia Intelligence” (AQ), enable us to offer Chinese clients a seamless experience in transforming their domestic business into an international one.”
Tejaswi Nimmagadda was assisted by Kelvin Zha, Yinny Liu and Darwin Goei, with support from Guangzhou Partner Jianglin Lai and Beijing Partner Ma Feng.