50 SKY SHADES - World aviation news

Business Aircraft Financing: Europe’s Changing Landscape

Download: Printable PDF Date: 06 May 2017 10:08 categories:
Publisher:
Business Aircraft Financing: Europe’s Changing Landscape - Events / Festivals publisher
Krista Kuznecova
Country: Switzerland Aircraft: Airplanes

Are you prepared for the opportunities and challenges ahead for business aircraft financing in Europe? As some banks leave the market and non-bank lenders fill the gap, aircraft financiers, attorneys and others involved in aircraft transactions can be ready to respond to changing landscape by hearing from experts at the International Aircraft Transactions Seminar, held on 21 May 2017, prior to the start of the 2017 European Business Aviation Convention & Exhibition (EBACE2017).

“A large percentage of aircraft – anywhere from 50-75 percent – are financed, so aircraft financing is a critical part of the industry,” said Alasdair Whyte, co-founder of Corporate Jet Investor and moderator of the seminar’s Business Aircraft Financing: Opportunities and Challenges session. “The panelists for this session were chosen because they represent a wide range of financial experience and differing perspectives.”

Panelists include:
• Michael Davies, Cello Air Finance
• Chris Partridge, Deutsche Bank
• Robert Gates, Global Jet Capital
• Beat Kälin, UBS Switzerland AG
• Gerald Wiencke, UniCredit Leasing Group

For example, UBS and Deutsche Bank will share the perspectives of private banks, which typically focus on larger aircraft and established clients, while Global Jet Capital, Cello Air Finance and UniCredit Leasing Group focus on different segments of the market, including smaller aircraft.

Business Aircraft Financing: Europe’s Changing Landscape

Whyte explained this segmentation of the international aircraft finance industry is in part the result of the global economic crisis of 2008. Recent regulatory changes have made it more difficult for a bank to cater to all types of clients and manage rapidly changing aircraft residual values, so the emergence of new financiers like Cello Air and Global Jet Capital and renewed focus on operating leasing models are inevitable.

“The financiers on this panel are not typically competitors because they work with different niche markets,” said Whyte. “Their biggest competitor is cash. This is a tough market but there are lots of opportunities.”

“The International Business Aircraft Transactions Seminar is a one-day event that provides attendees with valuable insight into emerging trends like operating leases, the condition of the world-wide aircraft market and issues encountered during international aircraft transactions,” said Scott O’Brien, NBAA’s senior manager of finance and tax policy. “This year’s seminar will also discuss how Brexit will impact legal agreements, aircraft registration and even safety rules to help attendees prepare for upcoming changes.”

Registration, which also includes full registration to EBACE2017, is required for the seminar. Learn more about the International Business Aircraft Transactions Seminar.

Related event:
22
May
2017
Switzerland, Geneva, Palexpo: Route François-Peyrot 30.


Archived
9 months ago



Loading comments for Business Aircraft Financing: Europe’s Changing Landscape...


Recommended

Airbus delivers its first A350-1000 to launch customer Qatar Airways

The carrier shapes the future of air travel with leading A350 XWB widebody fleet Airbus has delivered the world’s first A350-1000 widebody airliner to launch customer Qatar Airways at a deliv...

Garmin introduces revolutionary GFC 600H helicopter flight control system

The Garmin GFC™ 600H flight control system for helicopter owners and operators is a breakthrough in cost-effective technology that reduces pilot workload and improves mission effectiveness. G...

XTI Aircraft on Schedule with Development of Flying Prototype

XTI Aircraft Company (XTI) announced it is on schedule and on budget as it completes the ducts and fans for its 60% scale flying prototype of the TriFan 600 aircraft and moves toward...

Oriens Aviation inaugurates Oriens Maintenance Services

New Authorised Pilatus Service Centre at London Biggin Hill Airport Oriens Aviation, the exclusive British Isles Pilatus Centre, formally inaugurated its new MRO facility, Oriens Maintenance Servic...