Agenda

Stream

To start the day, hear operators discuss their favourite assets, potential pain points and what future fleets could look like. 

  • What are fleet strategies going forward? Which aircraft types are most appealing? Which engines will be required? 
  • How have new generation engines been performing? And what is the cost of potential overhaul? 
  • Are airlines seeing a rise in current gen spare engine lease rates?  
  • How are airlines overcoming delivery delays, shop visit restrictions and reduced parts supply?
  • Balancing sustainability and fuel price challenges with extending the operating life of older aircraft 
Laura Ivaskaite
Fleet Development Manager, Smartlynx Airlines Group
Ivan Chemtob
Founder & CEO, Rosa Airlines
Hugo Martins
Powerplant Director, Santos Dumont
Moderator
Gareth Delany
Executive Director and Chief Technical Officer, Clover Aviation Capital

Stream

  • How buoyant is demand for spare engines currently?  
  • What are the biggest challenges for spare engine leasing going into H2 2023? Shipping costs? Storage? OEM product delays?  
  • The next era of engines: What are the next steps for OEMs? When will a replacement gen engine be produced? 
  • What do issues and shop delays for new gen engines mean for future trading of the asset? What are traders’ strategies for these new generation? 
  • What would a mass retirement of 737s and A320s with remaining green time mean on the engine leasing market? Will that green time be consumed by existing fleets or leased? 
Roger Welaratne
CEO and Managing Director, SMBC Aero Engine Lease
Patrick Biebel
Managing Director, MTU Maintenance Lease Services
Moderator
Jim Bell
Partner, Watson Farley & Williams
  • 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? 
David Rushe
SVP, Trading, Aergo Capital
Remko Bruinsma
Head of Asset Management, MTU Maintenance Lease Services
Alan Phelan
Director of Engine Trading, AFG
Moderator
Alex Vella
Chief Operating Officer, Magnetic Leasing

Stream

  • Calculating future demand for freighter aircraft. Are all the 737 NGs going through conversion currently finding operators? 
  • How accurate are P2F donor aircraft values? Which assets make the most sense given cost of conversion and lease rates? How does this impact midlife extension strategy? 
  • Ship visit avoidance: How are engines being managed with conversion? What strategies have proven successful in practice?  
  • Examining the options available for midlife widebody assets. How do these compare with new gen freighters? What do 777x delays mean for the current gen widebody market? 
  • Understanding the scope and nature of supply chain issues. How are these being addressed? Are new parts required or are conversion shops able to focus on USMs? 
Steve Rimmer
CEO, Altavair
Hiran Perera
Senior Vice President - Freighters, Emirates
John Lynch
SVP, Head of Freighters, BBAM
Shahe Ouzounian
Independent, Consultant
Moderator
Eamonn Forbes
Chief Commercial Officer, Titan Aviation Leasing

Stream

Using insight from the market and deals being done, this session will dive deep into the metal and analyse the key value movements in the nuts and bolts.

  • Understand what strategies are being employed to maximise value on airframe and engine part outs.
  • What innovative deals are being done in terms of part-out trading? How does this enable asset owners to extract the most value while providing good cashflow?
    Rudy Bryce
    CEO, CFM Materials
    Max Lutje Wooldrik
    Founder & CEO, APOC Aviation
    Michael Ehrhardt
    VP, Engine Product, Magellan
    John White
    VP Commercial, Aerfin
    Moderator
    David Baily
    CEO, OPTIC by SellUe

    Stream

    • MRO capacity overview: how full are shops? What are current turnaround times and waiting times?  
    • Will there be enough new parts for shop visits if OEMs are using them all to fix engine teething issues?
    • Are operators able to get repairs for new generation engines? What is the wait for those?  
    • What solutions are MRO shops exploring to minimise turnaround times? How is digitalisation is being explored? Is this proving successful in practice?  
    • How have labour shortages been addressed?
    Carol Lynch
    Tax Partner & Head of Customs and International Trade Services, BDO Ireland
    Alistair Forbes
    Senior Market Analyst, MTU Maintenance Lease Services
    Kyle Telfer
    Head of Aerospace and Project Cargo, Tecex
    Robert Cousins
    Corporate Sales Manager UK and Ireland, Lufthansa Technik
    Moderator
    Aidan Reynolds
    Chief Technical Officer, Jackson Square Aviation

    Hear the experts discuss the key issues that impact engine values today.

    Paul O'Driscoll
    Head of Advisory, Americas, Ishka
    Olga Razzhivina
    Senior ISTAT Appraiser, ORIEL

    Stream

    Hear from the OEMs as they discuss their approach to the role they plan in decarbonising aviation and what the illusive next gen could look like.

    • What is the strategy for the next generation of aircraft?
    • How do OEMs view Scope 3 emissions?
    • Is there a role for OEMs in helping scale SAF production?
    Christophe Poulain
    SVP Commercial Strategy, SAFRAN Aircraft Engines
    Romain Chambard
    VP Marketing, Rolls-Royce
    Rong Yang
    Marketing Manager - Global Leasing, Embraer Commercial Aviation
    Moderator
    Ana Magdalina
    VP Research & Analysis, FPG Amentum

    As margins narrows in the traditional sale/leaseback market, this panel will gauge the appeal of deals on the more complex end of aviation’s value chain.  

    • What appetite is there among financiers and investors for green time leasing, midlife leasing and part out? How do their return expectations compare with what’s possible in the market? 
    • How can more capital be attracted to the space? Who is looking into it? Are new structures required? 
    • Are alt-lenders able to provide sufficient liquidity in lieu of adequate bank funding? 
    • How is the macroeconomic environment impacting funding? Is risk now being calculated differently given post-Covid market realities? 
    • If traditional bank lenders are not fully returning to the space, how attractive are longer term engine leases to alternative debt lenders?   
    Ulrike Ziegler
    President, impact
    Paul Da Vall
    Head of Aviation Equity Funds, Investec
    Stephen Murphy
    CEO, AV AirFinance
    Moderator
    Bertrand Grabowski
    Independent Advisor, -

    Stream

    Streamline your dealmaking with this dedicated networking session for key midlife and engine trading players.

    Stream

    That's a wrap! Enjoy the end of conference drinks reception.

    See the Ishka Aviation Finance Festival website here for May 23.

    Search results

    • 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? 
    David Rushe
    SVP, Trading, Aergo Capital
    Remko Bruinsma
    Head of Asset Management, MTU Maintenance Lease Services
    Alan Phelan
    Director of Engine Trading, AFG
    Moderator
    Alex Vella
    Chief Operating Officer, Magnetic Leasing

    Stream

    Using insight from the market and deals being done, this session will dive deep into the metal and analyse the key value movements in the nuts and bolts.

    • Understand what strategies are being employed to maximise value on airframe and engine part outs.
    • What innovative deals are being done in terms of part-out trading? How does this enable asset owners to extract the most value while providing good cashflow?
      Rudy Bryce
      CEO, CFM Materials
      Max Lutje Wooldrik
      Founder & CEO, APOC Aviation
      Michael Ehrhardt
      VP, Engine Product, Magellan
      John White
      VP Commercial, Aerfin
      Moderator
      David Baily
      CEO, OPTIC by SellUe