Goshawk Aviation closes acquisition of SKY Leasing’s Irish subsidiary
On the 13th of September 2018 Goshawk Aviation closed the acquisition of SKY Leasing’s Irish subsidiary creating a top 10 aircraft lessor with a combined US$11.4bn fleet. This acquisition accelerates Goshawk’s already fast growth trajectory: the addition of 51 young aircraft with long leases brings its owned, managed and committed fleet to 223 aircraft.
The additional aircraft further enhance Goshawk’s best-in-class portfolio and strengthen its capability as a leading integrated aircraft lessor. The fleet consists of in-demand, versatile and fuel-efficient aircraft. Narrowbodies represent 77% of the portfolio which, has an average age of 3.0 years and an average lease term of 7.7 years. The acquisition has increased Goshawk’s diversification by adding 17 new lessees and 6 new countries bringing total reach to 64 lessees and 34 countries.
Goshawk was established in November 2013 and is headquartered in Dublin with offices in London and Hong Kong. Goshawk is a joint venture company held as to 50% by each of a wholly-owned subsidiary of Chow Tai Fook Enterprises Limited and a wholly-owned subsidiary of NWS Holdings Limited, two Hong Kong based enterprises. www.goshawk.aero
Chow Tai Fook Enterprises Limited
Chow Tai Fook Enterprises Limited (“CTFE”) is the flagship private investment holding company of the Cheng Family in Hong Kong who founded the Chow Tai Fook Group in 1929. CTFE is a premier family investor with strategic investments in energy, aircraft leasing, healthcare, education and media; marquee investments in prime real estate and hospitality services; private equity investments in quality growth companies mainly in the technology sector and a liquid portfolio of equities and bonds. CTFE is also the largest shareholder of New World Development Company Limited (Hong Kong stock code: 17), a constituent stock of the Hong Kong Hang Seng Index with US$60 billion in assets as of December 2017. CTFE and its investee companies operate in 30 countries globally.
NWS Holdings Limited
NWS Holdings Limited (“NWS Holdings”, Hong Kong stock code: 659) is the infrastructure and service flagship of New World Development Company Limited. It has diverse businesses and investments predominantly in Hong Kong and Mainland China, comprising toll roads, environmental management, port and logistics facilities, rail container terminals, commercial aircraft leasing, facilities management, healthcare services, construction and public transport.