The Aviation Finance Conference, (AFC2019)
Tuesday 15th October 2019
The Trading, Investing and Aircraft Financing Ecosystem:
AFC2019 will feature many of the incisive insights from Aviation Finance's analysis in 2019 to date, and consistent with where we are at in the cycle, as volatility rises and downward pressures persist on interest rates Aircraft Trading is a key theme of this year's conference agenda.
Our programme this year reflects this, and CFOs and leasing risk managers and traders as well as investors, OEMS and airlines will be prominent in the line up of speakers at AFC 2019.
This also reflects that fact that trading is an important source of profit for lessors, with aircraft lease rates under pressure, and therefore an area of heightened interest. Hand in hand with this we will be asking who are the customers that will make the trading environment attractive? This will feature the insights of investment bankers, trading leaders, and investors in aircraft as an asset class, among other members of the global trading, investing and aircraft financing ecosystem.
See and experience it at AFC2019
Aircraft TradingAFC2019 will feature panels, and keynote addresses and interviews with aviation financing leaders, with analysts and traders from firms that represent over half of the global commercial aircraft trading market. AFC2019 will build on the insights of AFC2018, which featured, as speakers, the CEOs of 40% of the world's leased aircraft fleet. AFC 2019 will provide an important input into the agenda for state of the art aircraft financing in 2020. AFC2019 on October 15th in Dublin Castle will take place in conjunction with the Financial Centres Summit, Dublin, 2019 the following day, October 16th, which AFC2019 delegates can book for separately at AFC delegate rates. Delegates at both events are entitled to attend the Summit Reception at Dublin Castle on the evening of October 15th with incoming delegates at the Financial Centres Summit 2019, October 16th.
Chief Marketing Officer, Merx Aviation Finance Assets Ireland Ltd
The newly elected president for a 2 year term, of ISTAT, Gerry Butler is CMO of Merx Aviation Finance Assets Ireland Ltd. Founded in 1983, the International Society of Transport Aircraft Trading (ISTAT) currently represents over 5,000 members worldwide who are involved in operating, manufacturing, maintaining, selling, purchasing, financing, leasing, appraising, insuring and other activities related to commercial aviation. Mr. Butler joined Merx in 2015 to head the Dublin office and operations and serves as global head of marketing.
Minister of State at the Department of Finance, Department of Finance, Ireland
Michael D'Arcy TD is Minister of State at the Department of Finance and the Department of Public Expenditure and Reform with special responsibility for Financial Services and Insurance. He previously served as a Senator from 2011 to 2016 during which time he served as Government Spokesperson on Finance in the Seanad and served on the Oireachtas Banking Enquiry. He also served on the Oireachtas Committees on Finance and Agriculture, Food and the Marine. He has said that he believes that 'the most important traits in a public representative are honesty, accountability and integrity'.
President & Chief Commercial Officer, CDB Aviation Lease Finance
Pat Hannigan is President and Chief Commercial Officer of China Development Bank-owned CDB Aviation Lease Finance (CDBALF), the wholly owned Irish subsidiary of China Development Bank, the world's largest development finance institution. He was a founding shareholder of Avolon in 2010 and served as CEO of Avolon's leasing joint venture with Wells Fargo. Previously, Hannigan served as Senior Vice President, Marketing, for RBS Aviation Capital (now SMBC). He also held the role of Vice President Marketing at GE Capital Aviation Services, where he managed the pricing and marketing support function, as well as led the development of the company's operations in the Middle East and Africa.
Chief Executive Officer and Executive Director, AerCap
Mr Kelly was appointed Executive Director and Chief Executive Officer of AerCap on May 18, 2011. Previously he served as Chief Executive Officer of AerCap's U.S. operations from January 2008 to May 2011. Mr. Kelly served as AerCap's Group Treasurer from 2005 through December 31, 2007. He started his career in the aviation leasing and financing business with Guinness Peat Aviation (GPA) in 1998 and continued working with its successors AerFi in Ireland and debis AirFinance and AerCap in Amsterdam. Prior to joining GPA in 1998, he spent three years with KPMG in Dublin. Mr. Kelly is a Chartered Accountant and holds a Bachelor's degree in Commerce and a Master's degree in Accounting from University College, Dublin.
Head of Trading and Portfolio Management, AerCap
Mr. Ligthart joined the AerCap Trading team in 2007. He was appointed to the position of Head of Trading and Portfolio Management in 2018. Mr. Ligthart has 11 years of experience in aircraft trading and portfolio management in both wide and narrow body aircraft. Prior to joining AerCap he worked at Deloitte and Touche in Amsterdam where he served as Manager Transactions Services. Mr. Ligthart received his B.A in Commercial Economics from Inholland University, and his MSc in Finance Management from from Nyenrode Business University.
Chief Financial Officer, Standard Chartered Aviation Finance
Chris Helme is the CFO of Standard Chartered Aviation Finance. Based in based in Dublin, Ireland they have offices in Limerick, Hong Kong, London and Singapore. Their aviation business owns and manages a portfolio of over 100 aircraft on lease to over 30 of the world's leading airlines. Aviation Finance's product offering includes provision of aircraft financing and leasing solutions, lease management and remarketing services to targeted clients on a global basis.
Chief Risk Officer, GE Capital Aviation Services
Virginia Fox is Chief Risk Officer of GE Capital Aviation Services.
SVP Aircraft Trading, GECAS
Alan Buckley is SVP Aircraft Trading at GECAS. He is responsible for aircraft trading outside of the US and mature aircraft sales worldwide for the the world's largest lessor fleet.
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.
Vice President, Aircraft Trading, Carlyle Aviation Management Limited
Peter is Vice President Aircraft Trading at Apollo Aviation Group, now acquired by The Carlyle Group, and is a Member Board of Directors of The International Society of Transport Aircraft Trading (ISTAT).
Head of Aircraft Trading, SMBC Aviation Capital
Michael Weiss is responsible for the Aircraft Trading team in SMBC Aviation Capital. During his 25 year career, Michael has worked in a small number of financial institutions around the world, including Swiss Bank Corporation, Australia and New Zealand Banking Group (both in London and Singapore) and Investec Bank PLC, where he was Head of Aircraft Finance. Michael graduated from Manchester University with a BSc in Aeronautical Engineering.
Partner, Tax, Financial Services Group EMEIA, Head of Aviation Tax Practice, EY
John is Head of Aviation Tax Practice in Ireland for EY, and has over 20 years' experience in financial services. John has provided transaction and vendor support and advisory services to aircraft lessors around the globe. He has been involved in a number of large transactions and acquisitions in the sector, and has helped lessors with structuring of equity and debt financing.
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.
Non-executive director and aviation consultant., M.J. McMahon & Company Limited
John led the initial public offering and New York Stock Exchange listing of Genesis Lease Limited, a global aircraft leasing company, where he served as Chairman and CEO from 2006 until its merger with AerCap in 2010. Previously, he held senior management positions at Lloyds TSB Bank and debis AirFinance (now AerCap) and executive roles at GE Capital Aviation Services, GPA Group and Aer Lingus. His non-executive directorships include BNP Paribas Ireland (Chairman) and Genesis Aircraft Services
Chief Financial Officer, Avolon
Andy Cronin is a founding executive and Chief Financial Officer of Avolon since its launch in May 2010. Andy has led the Finance and Capital Markets teams from a green field start up through two rounds of private equity raise with CVC, Cinven and Oak Hill, an equity private placement to GIC (owned by the Government of Singapore), an IPO on the New York Stock Exchange, a 20% tender offer and ultimate take private of the business to Bohai Leasing with an equity value of $2.6 billion. In addition he has overseen the development of the capital structure raising over $10 billion of debt capital from a variety of banking and public market sources.
FS Financial Accounting Advisory Services Leader, EY
Danny Buckley leads EY's FS Financial Accounting Advisory Services (FAAS) team. The focus of FS FAAS is supporting CFOs in meeting the ever-changing demands on their agenda. Danny has more than 20 years' industry and practice experience spanning finance (consumer banking, corporate banking and markets/treasury), corporate finance (recapitalisation of the banks, mergers and acquisitions, restructuring of the Irish banking system), financial services audit and transaction advisory services. Danny has considerable experience in IFRS accounting, treasury accounting (XVAs, hedging, IBOR / benchmark reform), leading and delivering change, risk-adjusted return on capital / ROE, budgeting and planning, business partnering, cost change programmes and leading large teams (both project and business as usual).
Partner, Financial Services Taxation, Deloitte
Pieter is a Partner in the Financial Services Tax department of Deloitte Ireland and currently leads the Irish firm's Aircraft Leasing & Finance Tax Group. Pieter has more than 15 years' experience advising on international corporation tax and Irish domestic tax matters, including aviation finance, banking, corporate treasury and structured finance. During his professional career, Pieter has acted as tax adviser to a number of multinationals, public bodies, large indigenous corporates, and other clients in the Aviation, Financial Services, Shipping, Energy & Resources, and Food & Beverage industries. He is a qualified lawyer and Associate of the Irish Taxation Institute. He also currently serves on the committee of the Irish Association of Corporate Treasurers and represents Deloitte Ireland at the Irish Debt Securities Association. Throughout his career, Pieter has contributed widely to a number of publications and has presented extensively on corporation tax matters both in Ireland and abroad. Pieter was also a lecturer on the Irish Taxation Institute's Certificate in Leasing Taxation programme.
Member of Parliament, QC,
Kenneth Clarke has been the Member of Parliament for Rushcliffe since 1970. He held several Ministerial offices in the Governments of Margaret Thatcher and John Major - as Secretary of State for Health, Secretary of State for Education and Science, Home Secretary and Chancellor of the Exchequer. During a period in opposition he combined his duties as an MP with a variety of business appointments and chaired the Conservatives' Democracy Task Force and as Shadow Secretary of State for Business, Enterprise and Regulatory Reform. On the Conservatives' return to Government in 2010 he served as Lord Chancellor and Secretary of State for Justice.
In 2014 he became Minister without Portfolio, working to develop key trade relationships on the Prime Minister's behalf. He had an advisory brief on the economy and also sat on the National Security Council. He returned to the back benches in July 2014.
Chairman, Securities and Exchange Commission (SEC)
Jay Clayton was nominated to Chair the U.S. Securities and Exchange Commission on January 20, 2017 by President Donald J. Trump and sworn in on May 4, 2017. Prior to joining the Commission, Chairman Clayton was a partner at Sullivan & Cromwell LLP, where he was a member of the firm's Management Committee and co-head of the firm's corporate practice. From 2009 to 2017, Chairman Clayton was a Lecturer in Law and Adjunct Professor at the University of Pennsylvania Law School.
Business Development Director, IBA Group
Mal manages IBA's Dublin office, and is responsible for group sales and the regional commercial operations. Mal has over 30 years experience gained in various roles within the aviation sector working with Aer Lingus, Airmotive Ireland, Lufthansa Technik and Aerothrust. He has an extensive background in engineering, customer service, supply chain, production management and leasing. Mal is a Chartered Engineer and holds B.E. and MBA degrees from University College Dublin.
Partner, Finance,, A&L Goodbody
Seamus O Croinin is a Partner in A&L Goodbody's Finance Department and specialises in asset, property and structured finance. Seamus has a particular focus on aviation finance and his clients include European and US credit institutions, private equity investors and aircraft lessors. Seamus also advises European and Irish credit institutions and large corporate borrowers in relation to Irish corporate lending transactions. He has acted for a number of private equity investors in connection with Irish loans/asset portfolio disposals.
Senior Vice President Aircraft Trading, Avolon
Paraic Quinn, Senior Vice President, Aircraft Trading. Paraic joined Avolon in 2012 and is responsible for the origination of aircraft trading and structured finance transactions with investors and lessors globally. Previously, Paraic had responsibility for managing transaction and portfolio credit risk within the airline environment.
Prior to joining Avolon, Paraic spent 5 years working in Institutional Equities. Paraic began his professional career with Deloitte where he trained and qualified as a Chartered Accountant.
Paraic holds a Bachelor in Electronic Engineering and a Masters in Applied Computing, both from National University of Ireland Galway, a Professional Diploma in Accounting from Dublin City University and is a Fellow of Chartered Accountants Ireland.
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