In this issue: are capital markets once again becoming a viable financing alternative?
Despite the downgrade in airline profit projections for 2012 by IATA there are still many reasons to be optimistic, as sentiment at the ISTAT Americas conference reflected. Asian market growth was identified as one reason to be positive, as Norman Liu, CEO of GECAS, said. He identified Asia as a key GECAS target. 'Asia has been by far our most active market, with 70 per cent of our airplanes going there. You have to look at different parts of Asia – you can’t generalise.' He identified low cost carrier activities in Japan, the organic growth evident in South East Asia, and the different opportunities in China, the Philippines and Indonesia.

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