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Aircraft Lessors to Support $75 Billion of Demand This Year, Says Ascend

Dépèche transmise le 22 novembre 2011 par Business Wire

Aircraft Lessors to Support $75 Billion of Demand This Year, Says Ascend

LONDON & NEW YORK--(BUSINESS WIRE)--Financial innovation by aircraft lessors is keeping the sector buoyant, according to global aviation specialist Ascend, as it prepares to address the industry.

“Increasing production rates mean the amount of finance required for new aircraft deliveries will rise by around 40% over the next five years. In this high growth cycle, lessors play a key role as vital sources of both capital and innovation.”

Ascend’s Head of Risk Advisory Paul Sheridan says a massive US$75 billion of aircraft demand this year is opening up new financing options and driving competition among new entrant lessors across the commercial aviation industry.

Together with the highest calibre experts from across the industry globally, Ascend analysts will debate the financial markets and leasing prospects for aviation, in San Francisco for two days from 30 November. Senior executives from Goldman Sachs, Boeing, Guggenheim Partners, Boeing, Virgin America, United Airlines and Credit Agricole, among many others, will explore the opportunities and developments in the investment and leasing landscape, as the industry recovers.

According to Sheridan, “Increasing production rates mean the amount of finance required for new aircraft deliveries will rise by around 40% over the next five years. In this high growth cycle, lessors play a key role as vital sources of both capital and innovation.

“With the asset-backed security markets closed for now and bank markets contracting, leasing companies have been forced to alter their models as they look to new sources for financing. The importance of this cannot be understated, as the success or failure of a lessor depends as much on its access to finance as its ability to buy and manage aircraft. The challenge for leasing companies today is magnified by their requirement to finance older aircraft as well as new deliveries.”

Aviation 2020: The conversation

Ascend’s premier North American conference invites the industry to take an in-depth view on:

• New business models for the new aviation cycle
• Inflation’s impact on the aviation sector
• Benchmarking new leasing platforms
• The outlook for aircraft residual values
• What investors are looking for when they look at aviation

Insight and debate at the conference will be spurred on by industry experts, including conference speakers:

Anthony Mosse, VP and treasurer, Virgin America
Arnaud Fiscel, Head of Aviation, Barclays Capital
Randy Tinseth, VP of Marketing, Boeing Commercial Airplanes
Dan Stone, Senior VP and Aviation Analyst, HSH Nordbank
David Andrews, Executive VP, PIMCO
Steve Rimmer, CEO, Guggenheim Partners
Gerry Laderman, Senior VP, United Airlines
Gregory P. Lee, Managing Director, Goldman Sachs
John Slattery, Senior VP, Embraer
John Willingham, CEO, Macquarie AirFinance
Leo Burrell, MD, Credit Agricole
Yugo Fukuhara, Marketing Director, Mitsubishi Regional Jet

For a full list of speakers and the full conference agenda or to register for this event, please click here:
http://www.ascendworldwide.com/conferences/sanfrancisco/index.php

ENDS

About Ascend

Ascend (www.ascendworldwide.com) is the world’s principal provider of data, analytics and advisory services to investors in aerospace. Its global team advises on aviation investment strategies to maximise returns and generate proven investment results. For over four decades, Ascend has supplied the most reliable, trusted and up-to-date aviation industry information and insight available anywhere.

Offerings include: aviation data; aircraft and engine valuations and appraisals; and consultancy solutions.

From financiers and lessors to aircraft manufacturers, operators and suppliers, the aviation industry relies on Ascend to help make informed decisions and capture new opportunities.

In June 2011 Ascend was bought by Reed Business Information and forms part of the Flightglobal offering.

Ascend is based in London with offices in New York, Hong Kong and Tokyo.