4 minute read
Here is a breakdown of the attendees at Engine Leasing, Trading & Finance Europe 2022:
DAY ZERO: TUESDAY 6 JUNE, 2023 6:00pm - 8:00pm Welcome Reception
Day One
Wednesday 7 June, 2023
12:15pm
8:00am Registration & Refreshments
09:00am
Opening Remarks
Tom Broughton, Conference Producer, Aviation Week Network
09:10am
Opening Keynote Presentation
Tom Barrett, President & CEO, Engine Lease Finance Corporation
09:40
Forecast Part 1: European Economic & Air Traffic Outlook
Hear an up-to-date assessment of the economic picture and long-term outlook in Europe, considering key macro-economic factors including GDP, inflation, currency, oil prices and interest rates.
Dave Goodger, Managing Director EMEA, Tourism Economics, Oxford Economics
10:05am
Forecast Part 2: Engine Fleets and Valuations
Considering the prior forecast, what are the implications of economic conditions on the engine leasing market? This forecast covers airline financials, engine performances and valuations. With the rapid rollout of GTF & LEAP engines and in service inflection point expected in 2027 (Aviation Week Network 2023 Fleet & MRO Forecast), what is the longer-term valuation outlook for previous technology engines?
Ronan Murphy, Director, Alton Aviation Consultancy
10:30am
PANEL DISCUSSION: Adjusting to Shifting Foundations as an Aviation Community
Rising inflation, increasing capital costs, reshoring the production of critical goods. Are we experiencing a period of fundamental transition and deglobalisation? Can we still rely on the underlying assumptions of recent decades? Through these changes, what steps must the engines community take to keep communication channels open and ultimately ensure that engine financing and maintenance can be effectively planned?
Moderator: Jonas Murby, Principal, AeroDynamic Advisory
Kata Cserep, Global MD, Aviation, Travel & Tourism, ICF
Tom Robertson, Managing Director, Credit Risk, Sumitomo Mitsui Finance & Leasing Ltd
11:15am Morning Networking Break
12:00pm
Data Blast from Aviation Week Network: Fleet and Engine Retirement Projections
Changes across the European engine market are taking place sooner than expected and post-pandemic influences are driving the market. See how retiring airframes will influence the USM and spares market, how the mix of active engines change, and how the associated shop visit volumes play out. Aviation Week’s commercial engine forecast explores how these changes will start-up, roll-out and takeoff across the region and their impacts for operators, lessors, and MROs.
Antoine Fafard, Aerospace Industry Analyst, Fleets & MRO, Aviation Week Network
PANEL DISCUSSION: Rising Costs and Shifting Engine Strategies
With a focus on USM and OEM parts, how are rising prices shifting the economics of operating equipment? Considering shop visit management and the decision to overhaul vs part out of engines, how are owners maximising their asset values? Are more operators considering PMA & DER strategies? And what are market expectations for USM on next generation engine products?
Rudy Bryce, President & CEO, CFM Materials
Pascal Parant, VP Corporate Marketing, AAR Corp
Anthony Spaulding, EVP, Magellan Aviation Group
1:00pm Networking Lunch
2:15pm
PANEL DISCUSSION: Lessor Perspectives on Lease Terms and Trends in 2023 and Beyond
With a narrowbody focus, how are lessors responding to the issues discussed so far today? What are the impacts on lease rates, terms, and structures? Tying in valuations, which engines are showing higher residual values, and why? What is the impact on the leasing, trading, and financing of those assets?
Moderator: Jamie Davey, Manager, Commercial Engines, IBA Group
Patrick Biebel, Managing Director MTU Maintenance Lease Services
Dan Coulcher, SVP & CCO EMEA, Willis Lease Finance Corporation
Tadhg Dillon, CCO, SES Ltd
Luke Sharpe, VP, Engine Leasing, Aero Capital Solutions
3:05pm
Presentation: Widebody Focus
This session will provide an update on lease terms and valuations for widebody engines. What are the factors driving this market sector? And what will the fleet look like through to the end of the decade? This presentation will also tie in analysis of macro-economic and global factors from earlier in the day to assess their impact on the widebody fleet.
Ben Chapman, Senior Manager, Aircraft Valuation, Asset Management & Sustainability, ICF
3:25pm Afternoon Networking Break
4:00pm
OEM Technical Update and Improvement Programmes
Quick fire presentations from the OEMs will update the audience on their improvement programmes, with the overhead question: ‘What are we doing to reduce the cost of ownership of our engines?’. Also hear updates on how OEMs are monitoring and addressing SAF developments and expectations of asset owners and operators.
After the presentations, the speakers will come together for a moderated audience Q&A session.
Stephen Lancaster, Marketing Manager - Mature Engines & Services, Rolls-Royce
Sam Raby, Associate Director Aftermarket Strategy and Sales Support, Pratt & Whitney
5:00pm Day 1 Closing Remarks
Tom Broughton, Conference Producer, Aviation Week Network
5:00pm - 7:00pm Networking Reception
8:30am Registration & Refreshments
09:25am
Opening Remarks
Tom Broughton, Conference Producer, Aviation Week Network
09:30am
PANEL DISCUSSION: Airline and Lessor Technical Managers
An update on what lessors and airlines are facing on entry into service issues and on their relationships with engine OEMs. Between the two parties, how are contracts changing to accommodate technical maturity issues encountered by the next generation of engines.
Moderator: James Pozzi, MRO Editor EMEA, Aviation Week Network
Alan Downey, Director, Technical Services, Willis Lease Finance Corporation
Andri Geir Eyjólfsson, Director, Technical Operations, PLAY Airlines
Aoife Fennell, EVP & CTO, Engine Lease Finance Corporation
10:20am
Case Study: Technology to Streamline the Lease Return Process
What are the most frequent records issues that contribute to the increased risk of a late and expensive return and delivery? How can stakeholders collaborate more on data ownership to reduce stress in the system? What is the market impact on older engines and components with missing records?
Bhavik Bhatt, Operations Manager, Rolls-Royce & Partners Finance
10:50am Morning Networking Break
11:30am
PANEL DISCUSSION: Appraisers Update
An update from the appraisers on the key factors impacting engine valuations. Given OEM price increases and a lack of USM from reduced teardowns, are pressures being felt to shift views on PMA/DER acceptance?
David Archer, Head of General Aviation and Aftermarket Value, IBA Group
David Rushe, SVP, Mature Aircraft & Engines, Aergo Capital
Olga Razzhivina, Director, Oriel
12:20pm
Presentation: Sustainable Finance Schemes
A presentation to break down the options when it comes to sustainably linked finance. Covering the key KPIs, how they’re assessed and how to avoid greenwashing.
Barry Moss, President, PACE