AFG
Alan Phelan joined AFG as Head of Engine Trading and advises the Technical and Commercial teams on engine purchases, exchanges and engine MRO requirements. Alan is the founder of APTN.aero, the first professional body for aircraft technical professionals.
He was formerly Senior Vice President of Marketing and Sales at HaoTong AeroTech in charge of their technical and sales operation in Dublin. Alan has over 30 years’ experience in various senior sales, customer support, marketing and aircraft engine leasing roles, most recently with Lufthansa Technik in Hamburg and Dublin and previously with Airmotive Ireland, a jet engine overhaul facility located in Dublin. Alan has an in-depth knowledge of the aircraft leasing business and holds the Irish Law Society’s Diploma in Aircraft Leasing and Finance and a MBA in Aviation from Embry Riddle Aeronautical University.
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Stream
- How active is the engine trading market currently? Is the cost of debt forcing book value write downs and trades?
- How increasing NG and CEO lifespans are affecting CFM and Vs as asset types
- How do established engine lessors view the midlife space? Are new engine deals becoming too competitive? Who are the new entrants bidding on these assets?
- Are people achieving book values when trading engines and midlife aircraft? How are book value issues being addressed to maximise returns for investors?
- Are bidders inflating residual values to satisfy their targets to deploy capital in a challenging market?
