China Aviation Valuation Advisors launched

Darren Wood
By Darren Wood October 9, 2019 09:29

China Aviation Valuation Advisors launched

The chairman of China Aviation Valuation Advisors, David Yu and general manager Lili Zhou, have announced the launch of what is being described as the “first and only specialist” aviation valuation onshore firm in China.

The firm also becomes the aviation valuation partner of Tianjin Dongjiang FTP (DJFTP) government.

Leveraging upon ISTAT and ASA certified appraisers, the company provides the missing link for China’s growing aviation finance industry.

The firm is expected to support a fleet of over 1,500 aircrafts in Tianjin DJFTP and over 3,500 in China.

The newly established expert firm will deliver full-fledged services including asset and enterprise valuation reports, transaction and asset advisory, market intelligence, and support services to investors, lessors and airlines across the Greater China region.

The company currently has offices in Tianjin, Beijing, Shanghai and has local sister companies in Hong Kong (Asia Aviation Valuation Advisors) and Seoul, Korea (Korea Aviation Valuation Advisors) and others in Asia to support local clients with seamless localised communication and greater efficiency.

Commenting on the introduction of the company, Yu is optimistic. He said: “Despite the global geopolitical and economic headwinds imposing challenges to the growth of global aviation finance industry. Having already achieved over 2,000 aircraft registered in free trade zones in China and Boeing’s 20 year forecasted demand of more than 8,000 aircraft, the market is robust as there continues to be leasing and trading opportunities. We see resilience in China given the new momentum released with the new issuance of a series of new reform measures.

“Looking ahead, high potentials include the internationalization of leasing businesses globally, facilitation of cross-border financing as well as refinement of the industry value chain remain to be tapped, laying a solid foundation for the high-quality development of China’s aviation finance industry in the decades to come.”

Darren Wood
By Darren Wood October 9, 2019 09:29