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
1 week ago



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


Recommended

EBACE2017 Showcases Energy and Strength of Business Aviation in Europe

As the final day of the 2017 European Business Aviation Convention & Exhibition (EBACE2017) wrapped up, organizers said the show was one of the most successful in recent memory, reinforcing it...

Leonardo and Sloane Helicopters partnership sees stronger presence in UK and Irish VIP helicopter markets

Sloane Helicopters has ordered a GrandNew light twin A GrandNew and an AW169 aircraft ordered by two private customers at Sloane Six new and second hand helicopters sold in the last 12 months i...

Piaggio Aerospace and Riviera Airport unveils plans to create a new strategic centre

At the opening day of EBACE 2017, Riviera Airport - historical airport with a strategic position in Villanova d’Albenga (Liguria region) and co-exhibiting with Piaggio Aerospace -unveils plans t...

Airbus Launches ACH – Airbus Corporate Helicopters

Airbus Helicopters has launched Airbus Corporate Helicopters (ACH), its high-end, bespoke brand, at EBACE 2017. The brand, which will be identified by the ACH logo, will build on the company’s l...

Leonardo to provide protection against "ransomware" cyber threats

Leonardo’s innovative solution combines cyber intelligence and behavioural technologies to counter damage caused to companies, public institutions and citizens following a cyber-attack ...

Airbus Corporate Jets and Pagani announce Infinito cabin

Airbus Corporate Jets and the Italian hypercar Atelier Pagani Automobili are announcing a new cabin design for the ACJ319neo, called Infinito, at the EBACE show. A key feature of the Infinito...

The Brazilian Armed Forces take delivery of two H225Ms

In the last few weeks Helibras has delivered two H225Ms to the Brazilian Armed Forces. The first one –destined to the Army- has been delivered in the full operational configuration, including...