Dublin AirFinance Conference – What did you think!!

Dublin AirFinance Conference – What did you think!!

This year seemed to me a marked improvement on last year’s conference in terms of the mood and the turn out.

The industry appears excited about the new lessors entering the market and the strong presence of the Chinese Financial Institutions who appear to be gaining momentum in foreign investments. It is rumoured that some of the Chinese backed lessors will establish operations in Europe over the coming year!! Some think that the lead in time for the new lessors to start making a positive effect in the market will be 6 -12 months.

From talking to a number of clients during the conference there appears to be a number of people who have secured new equity and ready to invest. Some will take the approach of 100% equity deals while others will be more reliant on debt to secure transactions.

Although debt is still not readily available I was pleased to hear of 2nd and 3rd tier lessors securing debt over the past 12 months.

One of the not so good news pointed out that the number of financial institutions in the aviation finance industry has significantly dropped (nothing we didn’t know). Players now need to work harder to secure debt and will have to pay more for it. How long will this last? Who knows?

Overall the shakeup of the industry over the last 12 months has left those still standing relieved that their business models have survived and ready to embrace the long awaited upturn. The mood from the platforms up for sale is that it will be a long process.

Please feel free to share your thoughts and findings with the rest of the group!

Keith Garry

I look forward to seeing some of you at the upcoming ISTAT Conference in Orlando

www.aircraftleasing.ie

VP Aircraft Leasing - EMEA

VP MARKETING – EMEA
Location – Ireland
Salary – Neg

This aircraft leasing company has a new opening for a VP Marketing to join this highly experienced and motivated team.

The company’s management have a strong track record in the leasing industry and are poised to take advantage of the current down turn and current aircraft prices.

As the VP marketing you will display some of the following skills

Strong network with in the airlines, lessors, aircraft manufactures and financial institutions
Originate and source suitable aircraft leasing transactions / opportunities
Negotiate commercial terms of the aircraft lease
Structure, analyse and price the aircraft leasing transaction.

Essential for this position is that you can display relative experience (5-10yrs) in an existing aircraft leasing company. You will have a proven track record in aircraft transactions.

All enquires are in the strictest confidence.

Please apply or enquire to Keith Garry +353 (0)42 941 9660 / +353 (0)86 8233084 or email keith@aircraftleasing.ie

Please view www.aircraftleasing.ie for more opportunities in aircraft leasing or aviation finance globally

Future of Aircraft Leasing Market

This is an interesting article on the predicted growth of the aircraft leasing market. I would be interested to hear any ones comments on where they believe the market will go.

Global Aircraft Leasing Market to Reach $279 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

Fuel prices remained high during the first half of 2008, prompting many carriers worldwide to replace their older fleet with fuel-efficient new aircraft models. As a result, leasing companies with new models in their fleet witnessed increased activity. Prevailing credit crunch in the airlines industry and a general shift in preference towards aircraft leasing are projected to push the global leased aircraft portfolio size to $279 billion by 2015.

San Jose, CA (PRWEB) February 19, 2009 -- Losses to the airlines industry can sometimes mean gains to the aircraft leasing industry, as airlines seek to hold up their balance sheets by resorting to leasing an aircraft. This is particularly reflected in the current scenario, where aircraft leasing companies are continuing to make profits, despite a slowdown in the global airlines. The market is witnessing continued leasing deals being signed between the leasing companies and airlines worldwide. Dearth in financial resources to fund internal purchases of aircraft may force many airlines to increasingly rely on aircraft leasing companies.

Lease rates began declining even for most favored aircraft, affecting revenues for leasing companies. Further, airline closures and capacity rationalization among airlines may force leasing firms to postpone or cancel orders and focus on re-placing existing fleet. However, the market is expected to witness a surge in airlines' reliance on sale-and-lease-back agreements for financing aircraft purchases, keeping the prospects of leasing companies buoyant.

Europe and US represent the largest markets for aircraft leasing, in terms of leased aircraft portfolio value. Despite maturing Western European airline market, the overall European aviation industry is booming, owing primarily to growth in Eastern Europe. Asia-Pacific represents the fastest growing market worldwide, with a projected compounded annual growth rate of more than 10% during the next few years.

Commercial Jets represents the largest category in the global aircraft leasing industry, while Business Jets represent the fastest growing segment.

Aircraft Leasing & Finance in 2009

Where is the Aircraft Leasing and Finance market heading for 2009??

Many people say they want to take advantage of the market conditions and snap up bargains in 2009.

But who can get the finance?

I would be keen to hear about any companies that are keen to grow their aircraft leasing or aviation finance portfolios for 2009. Please add to the blog if you can assist or feel free to contact me at my web site or email. keith@aircraftleasing.ie

http://www.aircraftleasing.ie

My company Peak Performance Recruitment specialises in aircraft leasing jobs and aviation finance jobs globally.