Banks fund Skymark A330 deliveries for Intrepid

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Two banks, Cathay United Bank and PK Airfinance, have closed financing on Airbus A330-300 deliveries for US operating lessor Intrepid Aviation.

Intrepid, which confirms the transaction, says the two new aircraft were delivered to Japan's Skymark Airlines on 28 February.

The pre-delivery payments covering the two aircraft were financed by Citi as part of a seven-aircraft revolving facility signed last year.

The A330-300s (MSNs 1483, 1491) are the first two of a seven-aircraft operating lease package signed in July 2012. The remaining five aircraft are due to be delivered through August 2015, according to Flightglobal’s Ascend Online database.

Skymark Airlines which becomes the first Japanese carrier to operate an A330-300 aircraft, will use start scheduled flights from Tokyo Haneda to Fukuoka next month. The carrier has also announced plans for A330-300 services from Tokyo Haneda to Sapporo and Naha at a later date.