Intrepid Aviation today announced the lease execution for seven (7) Airbus A330-300 aircraft with Skymark Airlines in Japan. The aircraft, which will deliver from the beginning of 2014 through to 2015 will be subject to long-term leases to the Japanese airline.

“We are delighted to be adding Skymark Airlines to our customer base, and look forward to a long term relationship with them”, said Volker Fabian, Intrepid’s Chief Commercial Officer. “The Airbus A330 aircraft continues to prove itself through excellent operating economics and we foresee the aircraft type to further expand its customer base in the future.”

“We are pleased with our new Intrepid partnership in what marks a new stage of growth for Skymark with the introduction of the A330-300 to our fleet. The aircraft will be used primarily on domestic trunk routes and our future international routes”, said Shinichi Nishikubo, Skymark Airlines’ Chief Executive Officer.

ABOUT INTREPID AVIATION
Intrepid Aviation is a privately held commercial aircraft lessor, which owns and manages commercial aircraft leased to airline operators worldwide. Since 2006, Intrepid Aviation is owned by Reservoir Capital Group, a New York based private equity firm. Intrepid Aviation currently holds the largest A330 family (-200, -300 and -200F) lessor backlog order with 18 aircraft.