'To 2025 and beyond' - the big issues facing aviation finance
The Aviation Financing Industry of 2025 and beyond: will it be different?
Aviation Finance's 2018 Conference will take place against a backdrop where some of the biggest questions facing capital markets will be discussed at the Financial Centres Summit, Dublin, 2018. At the centre of these discussions will be questions like whether the public markets that have fuelled finance in aircraft leasing will be there in the years ahead, or will private equity, and other sources, be king?
The Aviation Finance conference will hear over 25 of the world's leading figures and analysts from all segments of the commercial aircraft financing universe, including regular contributors to the columns of Aviation Finance. Watch this space in coming days for new speaker confirmations in these sessions:
Don't miss these compelling sessions:
- Analysts & Strategists Forum;
- Aviation Finance Lessor Business Models;
- Commercial Aircraft Trading Forum;
- Deploying Capital in aircraft and aviation;
- Supply Side Forum - technicals, technology and finance and the future;
- Airline Fleet Financing Strategies.
See Aviation Finance Conference, 2018 latest speaker announcements, as follows:
COO, SMBC Aviation Capital
David Swan is Chief Operating Officer of SMBC Aviation Capital, a role he has held since 2004, having joined the company in 2002. His responsibilities include overseeing the Operating Platform along with Risk and Asset Management of the company's $15bn aircraft leasing business. He has over 25 years aviation industry experience and has held various international banking roles. He served as director on the Board of the International Society of Transport Aircraft Trading (www.ISTAT.org) from 2011 to 2017 and is currently on the Board of Trustees of the ISTAT Foundation. David has also represented SMBC Aviation Capital at the Aviation Working Group (www.AWG.aero) since 2004.
Chief Financial Officer, Ryanair
Neil Sorahan was appointed Chief Financial Officer of Ryanair in October 2014, having previously served as its Finance Director from June 2006. Prior to that, he was Ryanair's Group Treasurer from January 2003. Before joining Ryanair, Neil held various finance and treasury roles at CRH plc, the international building materials group (June 1992 to December 2002).
Managing Director, AFIC, Marsh
Since June 2017, Robert Morin has been the Managing Director, Transaction and Business Development Leader of the Aircraft Finance Insurance Consortium (AFIC), a groundbreaking collaboration between Marsh and a panel of highly-rated global insurance companies to offer a new way to protect the financing of purchases of Boeing commercial aircraft. Prior to the launch of AFIC, Mr. Morin was the SVP of Business and Product Development at the Export-Import Bank of the United States (EXIM Bank), and, prior to that, the Vice President of EXIM Bank's Transportation Division for more than 15 years. During his time leading the Transportation Division, Mr. Morin oversaw the successful expansion of EXIM Bank's aircraft financing program, as it grew from a portfolio of approximately 300 aircraft to more than 1,100 commercial aircraft leased to airlines and aircraft leasing companies around the world and securing more than $50 billion in EXIM Bank loan guarantees. Mr. Morin was also responsible for pioneering new products and initiatives including EXIM Bank's hugely successful capital markets product.
President and CEO, CDB Aviation
Peter Chang, the President and CEO of CDB Aviation, the aviation leasing arm of China Development Bank, one of the three 'policy banks' of the Peoples' Republic of China, has been an active member of the aviation community for the past four decades, starting his career in Boeing, and entering the leasing industry with Guinness Peat Aviation. He was the pioneer of aircraft leasing in China, having leased the first aircraft there as MD at GPA. He started work at Boeing immediately after graduating in 1979 and his vast experience includes manufacturing, sales and leasing. Having long been at the forefront of aviation leasing, aside from serving in China as MD at GPA, he has served as Executive Vice President of Aircastle Advisers and International Leasing Finance Corporation. Prior to joining CDB Aviation he was the Principal for the China Aviation Advisors Group.
Former SEC Commissioner, USA; Chief Legal Officer, Mylan Inc, Former CEO of Patomak Partners LLC Washington DC.,
Daniel M Gallagher was a Commissioner of the U.S. Securities and Exchange Commission (SEC) from November 7, 2011 to October 2, 2015, and until 2017 has served as President of Patomak Global Partners, LLC., He is Chief Legal Officer of Mylan Corp, and is a former director of the Irish Stock Exchange. As SEC Commissioner, he directed the SEC's reform of Money Market Funds regulation in the United States. https://twitter.com/DanGallagherGrp
Director Corporate & Government Rating, S&P Global Ratings
Betsy R. Snyder is a Director in S&P Global Ratings Corporate Ratings group. She joined the company in 1990 and specializes in coverage of transportation companies, including aircraft lessors and the airline industry. She also works extensively on Structured Finance transactions related to her areas of specialization. Prior to joining S&P, Betsy was an equity research analyst for Merrill Lynch and L.F. Rothschild.
Chairman, Derivatives Vision
Patrick L Young is a leading expert in all aspects of global market infrastructure and financial centres, and the pubisher of Exchange Invest the daily newsletter on all aspects of securities and derivatives exchanges worldwide. He is the author of several books, including the bestselling "Capital Market Revolution", and "New Capital Market Revolution", as well as "The Promiscuous Investor" and "The Exchange Manifesto".
Patrick returns to moderate sessions at the Financial Centres Conference this year. A frequent broadcaster and speaker at industry conferences throughout the world, he has written Op Eds for leading financial newspapers including AFR, Financial Times and the Wall Street Journal. See Patrick Young on Twitter
President and CEO, IBA Group Limited
Phil is President and CEO of global aviation consultancy International Bureau of Aviation. IBA is one of the leading authorities on commercial aircraft lease rates and aircraft valuations.
Head of Trading, CDB Aviation
John Leenane is Head of Trading at CDB Aviation. Mr. Leenane has extensive experience in the aircraft operating leasing industry and brings deep expertise to CDB Aviation's leadership team in areas such as lending, financing, trading, pricing, portfolio management, aircraft acquisition, and development of strategic relationships. Prior to CDB Aviation, Mr. Leenane was Regional Director, Europe & Asia - Financial Institutions Group at CIT Aerospace.
Contributing Editor, Aviation Finance
Joe is Contributing Editor, Aviation Finance, at: aviationfinance.aero the world-leading fortnightly publication on the financing and economics of air transport, and Director of Corporate Broking in Goodbody Stockbrokers.
Managing Director, Industrials/Consumer - Airlines, Cowen
Over a Wall Street career spanning 30 years Cowen MD Helane Becker has become renowned as a stand-out analyst in the airline and aircraft leasing sectors, with an unparalleled understanding of the dynamics of the business. Frequently ranked as top aviation analyst across the sector Becker's depth of experience shows through in her thought leadership and analysis of how the often complex variables of the aviation sector will play out.
Senior Managing Director, Kroll Bond Rating Agency
The driving force behind the creation of Kroll Bond Ratings Agency's leading franchise in the aircraft financing and leasing sectors Riggi has over 20 years of multi-sector expertise in credit analysis of banks, specialty finance and securitisations. She has developed KBRA's analytical framework and the ratings of aircraft lessors and airlines, including EETCs and other secured aviation financings. Having begun her career at the Federal Reserve Bank of New York she was a senior credit officer at Moody's prior to joining KBRA.
Chief Executive Officer, Goshawk
In the space of just five years CEO Ruth Kelly has taken Goshawk Aviation from startup to a 'top 10' best-in-class, full-service aircraft leasing platform. Demonstrating innovation in its approach to both sides of the balance sheet, under Kelly's leadership Goshawk has emerged as one of the most creative and dynamic platforms in the aircraft leasing business today.
Managing Director, Aviation Financial Consultancy, DVB Bank
Kieran O'Keefe is a Managing Director and Head of the Aviation Financial Consultancy division of DVB Bank based in London. His current responsibilities include advising airlines and lessors on raising finance and developing new investor markets for aircraft financing. From 2011 to 2013 he was based in DVB's Singapore office covering Asia. Kieran has worked in the aviation and investment banking sectors for the past 29 years, involved primarily in the areas of structured finance, advisory and aircraft operating leasing. During that time he has completed financings for aircraft worth over 7.0 billion.