30th October-1st November 2017 | Grand Hyatt, Hong Kong, China
Monday 30th October 2017
18:00 | Reception – Grand Hyatt Hotel Pool House
ELFC bar open on conference level champagne bar from 10am to 4pm and then on the Upper floor from 4pm to 2am each day – All delegates drink for free thanks to:
Tuesday 31st October 2017
08:00 | Registration Open/Morning refreshments
08:30 | Opening of conference – Chairman opening remarks
Ben Hughes, Marketing & Business Development Director, Rolls-Royce & Partners Finance
08:30 | Macro Economic & Political Dynamics
The commercial aviation industry is affected and guided by macro-economic and political fluctuations and as such it is essential to start by looking from the outside in. To assess what factors have and will affect aviation in 2016/17 in order to plan for the coming months.
Peter Morris, Chief Economist, Flight Ascend Consultancy
09:10 | Turning to the Asian financial markets
Karsten Balke, CEO, Germania Fluggesellschaft
09:40 | Keynote Address
Mr Frank Chan, Secretary for Transport and Housing, Hong Kong
09:50 | Hong Kong – A Premier Location of aircraft leasing
Stephen Phillips, Director-General of Investment Promotion, Hong Kong
10:05 | Keynote address
Robert Martin, CEO, BOC Aviation
10:35 | Morning Break
10:45 | HKG’s future capital market developments, opportunities for lessors and institutional investors owning aircraft portfolios
10:55 | Capital Markets Outlook
As Capital market demand for aviation assets continues to increase globally can the aviation community keep pace and develop further institutional interest in 2017/18 across the range of products and what role does the APAC market have to play in the near term?
Leo Burrell, Managing Director, Securitization, Credit Agricole Securities (USA) Inc.
Jared Ailstock, Vice President-Investment Banking Division, Goldman, Sachs & Co. / Cristina Chang, Capital Markets Origination, Citi / Patrick Kaufer, Managing Director, Deutsche Bank / Taeho Lee, Assistant Manager / FICC Hybrid team, Dongbu Securities Co., Ltd
11:30 | CALC Keynote
Mr Mike Poon, Executive Director and Chief Executive Officer of CALC
11:55 | The New world of supported finance
Bob Morin, Managing Director, Transaction and Business Leader, Aircraft Finance Insurance Consortium. Marsh USA Inc
12:15 | Lessor panel
Operating leasing remains one of the largest sources of capital – will this continue? As volumes of new single aisle deliveries increase, are they causing rates and terms to be at the mercy of the operator? Can lessors find the required rate increases needed for the Max and Neo to keep margins intact? How can lessors further help airlines in 2017/18 and beyond as the delivery cycle accelerates?
Keith Sandilands, Partner, Norton Rose Fulbright LLP
David Power, CEO, Orix Aviation / Matthew Clark, Investec Aviation Finance / Joe Ye TIAN, Deputy Head of Aviation, Ping An Leasing / Kevin McDonald, Chief Investment Officer & Executive Vice President, Capital Markets, Jackson Square Aviation / Peter Watson, Chief Commercial Officer, Goshawk Aviation Limited
13:00 | Lunch
13:55 | Regional Aircraft Specialist Leasing & finance Panel
The growing footprint of regional aircraft leasing specialisation
George Paterson, Partner, Norton Rose Fulbright
Mark Dunnachie, Chief Commercial Officer, AerFin / Soren M. Overgaard, CEO, Nordic Aviation Capital / Jerome Gabory, Head of Leasing Markets, ATR Aircraft / Anne-Bart Tieleman, CEO, TrueNoord
14:35 | Supported Finance Panel
Few areas of finance have been as important as the ECAs of late. Will 2018 be another year of essential ECA assistance – or will the doors stay firmly closed? How have the ECAs adapted during 2017 to political pressures, deferrals and increased production rates.
Christin Lodberg , VP Customer Finance, Airbus Group
Robert Roy, Vice President, Transportation Division, US Ex-Im Bank / Pat Cauthery, Head of Aerospace & Defence, UK EXPORT FINANCE / Viren Joshi, Strategic Account Executive, transportation – Aerospace, Export Development Canada / Eric Agote, Head of Unit – Airbus Unconditional Guarantee, Bpifrance / Thomas Kolberg, Aircraft-Head of Department, Euler Hermes Aktiengesellschaft Exportkreditgarantien der Bundesrepublik Deutschland
15:15 | Q&A: The future of aircraft leasing – A view from a veteran
With over 30 years of industry experience, originating over $20bn in aircraft transactions, with relationships spanning over 100 airline customers globally in every major and developing commercial aviation market, and having founded no less than three large leasing companies (SKY Leasing, Jackson Square Aviation, Pegasus Aviation – PAFCO) few are better placed to see where the future of aircraft leasing may lay.
Rich Wiley, Chief Executive Officer, SKY Leasing
15:35 | Trading and Investing in mid-life Aircraft & Engines
Robert Korn, CEO, Apollo Aviation Group
David Veal, Chief Executive Officer, KV Aviation Pty Limited / James Meyler, Chief Executive Officer, ORIX Aviation Hong Kong Deputy Chief Executive Officer, ORIX Aviation Group / Otto Verhoeff, Managing Director, Head of Remarketing, Origination and Trading, Castlelake/ Rahul Shah, Senior Vice President, Strategic Growth and Business Development Asia Pacific, Middle East and Africa, AAR Corporation / Vincent H.M. Lam, SVP Asia Pacific – Aircraft Remarketing, Air Partner
16:15 | Focus on Vietjet requirements and expansion
Mr. Desmond Lin – Business Development Director. Vietjet
16:30 | Airline Panel
Mylene Scholnick, Principal, ICF
George Weinmann, CEO, Mega Maldives / Yasantha Dissanayake, Head of Financial Management, Srilankan Airlines / Nirmal Govindadas, Senior Vice President – Corporate Treasury, Emirates Airlines / Mr Nayyar Hyatt, Chief Financial Officer & Acting CEO, Pakistan International Airlines
17:10 | Aircraft Valuations Panel – Exploring the case for a middle of the market (MOM) aircraft
Are you my MOM? Airlines, OEMs and lessors have varying views on MOM viability and solutions. How does the panel see the market opportunity, mission profile and size? What might a MOM aircraft program look like? Will there be an engine choice? Who will operate it and where? What will they pay? What may be the effect on existing programs? Our expert appraiser panelists share their views.
Angus Mackay, Principal, ICF International
Olga Razzhivina, Director, Oriel / David Tokoph, Chief Operating Officer, Morten Beyer & Agnew / George Dimitroff, Flight Ascend Consultancy / Bryson Monteleone, ISTAT Certified Appraiser, Tailwind Capital LLC / Gueric Dechavanne, Vice President, Collateral Verifications, LLC
17:50 | China Belt and Road Opportunities
Tejaswi Nimmagadda, King & Wood Mallesons
Zhu Limi, Minsheng Financial Leasing Co. Ltd / Arnaud Cadilhon, CFA, Asian Aviation Group, Crédit Agricole CIB / Weili Chen Head, Capital Market Aircraft Financing, Capital Markets Solutions, Standard Chartered Bank (Hong Kong) Limited / Arnaud Fiscel, Head of Transportation, Corporate Banking Department, Bank of China (UK) Limited
18:30 | Chairman closing remarks – close of day one
Ben Hughes, Marketing & Business Development Director, Rolls-Royce & Partners Finance
18:30 – 19:30 | Pre awards drinks
19:30 | Airline Economics – Aviation 100 Asia Pacific Awards – In aid of AirLink
At the Grand Hyatt Ballroom
Wednesday 1st November 2017
08:00 | Registration Open/Morning Refreshments
08:25 | Opening of conference day 2 – Chairman opening remarks for day 2
Ben Peacock, Rolls-Royce & Partners Finance
08:30 | ARI Presentation
Ms Christina Ng, Deputy Chief Executive Officer and Chief Operating Officer of ARI
08:50 | The financial health of APAC airlines and the outlook for 2017/18
A senior figure looks at major players in the APAC market and assesses their financial strength going forward.
Helane Becker, Cowen Securities
09:25 | ABS Panel
Cristina Chang, Capital Markets Origination, Citi
Bradley E Smith, Kahala Capital / Robert Korn, CEO, Apollo Aviation Capital Group / Ryan McKenna, Air Lease Corp / David Walton, Chief Operating Officer, BOC Aviation / Vinodh Srinivasan, Managing Director, Co-Head Structured Credit Group, Mizuho Securities USA / Marc Iarchy, Director, World Star Aviation
10:05 | Lessor Panel
As volumes of new single aisle deliveries increase, are they causing rates and terms to be at the mercy of the operator? Can lessors find the required rate increases needed for the Max and Neo to keep margins intact? How can lessors further help airlines in 2017/18 and beyond as the delivery cycle accelerates? Is default risk growing? Does the leasing sector require further consolidation? Can Chinese airlines continue to grow given the current pilot shortage?
Simon Wong, Partner, Stephenson Harwood
Peter Chang, President and CEO, CDB Aviation/ Khanh T Tran, CEO, Aviation Capital Group / Winnie Liu, Executive Director of Board, Deputy CEO and CCO, CALC / Mark Lapidus, CEO, Amedeo / Andy Beer, Executive Director, Aviation Finance, Standard Chartered Bank
10:50 | New age aircraft lessors
Wui Jin Woon, Natixis
Lune Wang, Deputy General Manager, Comsys Aero Leasing / Peter Huijbers, CEO, CALS / Ali Lmadani, CEO, ABL Aviation / Stephane Daillencourt, CEO, Asia Aviation Capital / Donald Liu, President & CEO, SinoSinga Aircraft Leasing
11:30 | Banking Panel
Our esteemed panel will look at what options they are willing to put forward during 2017/18, what risks they are willing to take and what areas of the market they find exciting and want to do business in. The panel will also look at the continuing evolution of the JOLCO.
Jose Abramovici, Credit Agricole Corporate Investment Bank
Christopher Turner, Senior Vice President – Deputy Regional Head – Asia Pacific, Aviation Finance Singapore, DVB Bank SE / Rikan MIURA, Head of Global Aviation Team, Deputy General Manager, Corporate Finance Department, Division Ⅳ Development Bank of Japan Inc. / Richard Finlayson, Managing Director, Asset Finance Asia, Deutsche Bank / Jared Ailstock, Vice President-Investment Banking Division, Goldman, Sachs & Co. / Laurent Floquet, MD & head of Aviation – Paris, Societe Generale / Munawar Noorani, Managing Director, Head of Aviation EMEA & APAC, Citigroup
12:20 | Airline finance Panel
Managing currency, capacity and delivery financing risk in a fluctuating market. IFRS-16 is having an effect on airlines’ balance sheets – will it change the attitude to leasing and the lease-vs.-buy decision? What are the current challenges airlines are experiencing when looking for finance from both banks and lessors? Is availability of finance in 2017 easier or more difficult than prior years?
Sibylle Paehler, Managing Director, Doric Asset Finance GmbH & Co KG
Tom Weir, Vice President & Treasurer, AMERICAN AIRLINES GROUP INC / Ian F Reid, Senior Financial Adviser, Philippine Airlines / Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer, IndiGo / Gerry Laderman, Senior Vice President Finance, Procurement & Treasurer, United Continental Holdings
13:00 | Lunch
13:55 | Hong Kong Aircraft Leasing Tax Concessions – Transforming the Landscape
Brian Chiu, Deputy Commissioner of the Inland Revenue Department, Hong Kong
14:20 | Engine investment Panel
Jon Sharp, CEO & President, Engine Lease Finance Corp
Martin Friis-Petersen, Managing Director, MTU Maintenance Lease Services B.V. / Bobby Janagan, General Manager, Rolls-Royce & Partners Finance Limited / Ran Ackerman, Vice President, MK Aviation / Bob James, CEO, Aerfin / Christopher Rodrigues, Vice President, Sales & Marketing Asia & CIS, Sumisho Aero Engine Lease B.V.
15:00 | Financing & Investing in helicopters
We draw together a panel of seasoned aircraft investors, who have each given investors significant returns over recent years and are at this time all in the market for aircraft deals, large and small alike, each with a totally different plan but all looking to invest in the right asset at the right time.
Bill Wolf, CEO, Lobo Leasing
Lobo Leasing CEO Bill Wolf will speak about the meteoric rise of helicopter leasing over the past five years, the current state of industry; it’s challenges and opportunities and how this growing aviation leasing sector differs from fixed wing leasing.
Followed by a panel discussion:
Bill Wolf, CEO, Lobo Leasing
Mark Kelly, Managing Director, Lobo Leasing International / Phil Seymour, CEO, IBA Group /Jaspal Jandu, CFOLease Corporation International (LCI) / Stephanie Tovoli, Milestone Aviation / Phil Seymour, CEO, IBA
15:40 | Asset management and aircraft Finance & investment panel
Gary Fitzgerald, Managing Director, Stratos
Dr. Martin Bouzaima. Chief Executive Officer, FPG Amentum/ Gareth Delany, Executive Director & Chief Technical Officer, Ping An Leasing / Domas Girtavicius, CEO of AviaAM Financial Leasing China / Takamasa Marito, Joint General Manager, Tokyo Century Leasing / Marc S Iarchy, Director, World Star Aviation
16:20 | Lessor financing panel
Leading lessors are quizzed on their financing strategies and the effects on the same if they continue to use unsecured capital markets.
Joseph Shanahan, Managing Director, Citi
Simon Glass, CFO, Dubai Aerospace Enterprise (DAE) / Christian McCormick, Managing Director – Finance, CALC / Madhu Vijay Executive Vice President and Chief Financial Officer, Aviation Capital Group / Marjan Riggi, Kroll Bond Rating Agency
17:00 | Chairman closing remarks
31st October 2017
AVIATION FINANCE & LEASING SCHOOL, Opposite ballroom – Ground floor
08:55 | Airline Economics Leasing School – opening remarks
Joe O’Mara, KPMG
09:00 | Where do we stand in the cycle & general introduction
09:45 | Residual value forecasting and assessment
How do appraisers like mba get their current and future values and how should lessors use them?
Chief Operating Officer, Morten Beyer & Agnew
10:30 | Coffee break
11:00 | Redelivery Management and technical aspects in leases
11:45 | Lease Management
Donal Martin, CALS
12:30-14:00 | Lunch
14:00 | Role of Capital markets in aircraft leasing
Jasper Tan, Head of Aviation Finance, Asia Pacific, NORD/LB
14:45 | Introduction to Lease Structuring and Negotiations
15:30 | Coffee break
16:15 | Hong Kong leasing tax reforms
Joe O’Mara interview’s John Timpany on Hong Kong leasing tax regime.
17:00 | Technical Redelivery – A life-cycle process
Jack Koh, Consultant, Stephenson Harwood
17:45 | Closing remarks
Joe O’ Mara, KPMG
1st November 2017
Opposite ballroom – Ground floor – Breakfast meeting (invitation only)
AN INTRODUCTION TO ABU DHABI GLOBAL MARKET AVIATION FINANCE
08:00 – 10:00 | Aviation Finance in ADGM from both a commercial and legal perspective.
Martin Tidestrom: Business Development Director
Farrell Sheridan: Head of Strategic Development
Natalie Scott: Legal Counsel
Followed by Round-up and Q&A
1st November 2017
Opposite ballroom – Ground floor
15:00 – 17:00 | Market briefing