The search for value
AerCap CEO Aengus Kelly's characterisation of 2019 as ‘a fairly decent year’ in prospect is a fair reflection of the overall sentiment reflected in this issue of Aviation Finance of the state of aircraft leasing and air finance as the new year starts. World markets look fragile as the cycle matures, and tests lie ahead, notably on the trade front, Brexit in Europe, and on a wider global scale, US-China trade challenges. In both scenarios there is a degree of who will blink first, and that is a clear recipe for uncertainty for the first, and possibly second quarters of this year.
In the context, the emphasis we are seeing on sound finance, innovation in financing and in the development of platforms with smart business models will be rewarded. So will an emphasis on sound finance, and accounting, and the comments of IBA CEO Phil Seymour in his interview with us in the Perspectives Column in this issue are important.

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Vol. 9 Issue 2 of Aviation Finance