CO-LOCATED WITH
FEBRUARY 28, 2024 FEBRUARY 29 – MARCH 1, 2024 JW MARRIOTT TURNBERRY, MIAMI, FL USA
Keeping the aero engine industry turning Join the largest event dedicated to the aero engine community globally for the latest industry insights and unrivalled networking opportunities to grow your business.
REGISTER BY JANUARY 17 AND SAVE UP TO $440
FREE OR DISCOUNTED PLACES FOR QUALIFYING AIRLINES AND LESSORS – SEE PAGE 12 FOR DETAILS
MORE INFORMATION AND REGISTRATION: WWW.AEROENGINESUSA.COM
HOST SPONSOR
PREMIUM SPONSORS
SPONSORS
www.aeroenginesusa.com
PREMIUM SPONSORS
PURPOSEFUL PARTNERS
ABOUT THE EVENT
HOST SPONSOR
Aero-Engines Americas is the largest gathering of aircraft engine thought-leaders and industry players globally. 800+ executives from airlines, lessors, OEMs, MROs and suppliers come together for a 2-day conference and showcase to exchange best practices and innovative ideas, strengthen existing partnerships and create new business. Taking place in Miami in 2024, this is the MUST ATTEND event for anyone in the aero engine space, whether you are local or global!
“The Aero-Engines Americas conference is a one stop event in which all the industry leaders gather annually in one place to discuss the industry trends, issues and opportunities. It is a must not miss event in my calendar.” LES CRONIN, VICE PRESIDENT OF SALES AND MARKETING, MTU AERO ENGINES NORTH AMERICA
S P E C I A L F E AT U R E
Global Engine Maintenance Facility Tour A message from our Host Sponsor Join us for an exciting in-person guided shop tour event at Global Engine Maintenance in Doral! Get ready to explore the fascinating world of the CFM56-7B, CFM56-5B and CFM56-3C1 engines and discover the inner workings of our state-of-the-art facility. Free of charge as part of your All Access or Aero-Engines Americas only registration. Tick the box saying you wish to attend and then submit your details in the form found in your confirmation email.
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ABOUT THE EVENT
First launched in 2022, Engine Leasing, Trading and Finance Americas has quickly become the leading event for the aircraft engine leasing, trading and financing world. This one-day conference provides the ideal platform to analyze the latest market outlook, the macro-economic factors affecting it and what this means for the future of your business in the engine leasing market. Co-located with and taking place the day before Aero-Engines Americas, this is the place to be to ensure short & long-term success in this growing niche!
“Engine Leasing, Trading & Finance Americas offers a day of insight and timely analysis from leading executives in the engine leasing area which should be of great interest to lessors, investors and operators, as well as their advisors.” R I C H A R D F U R E Y, P A R T N E R , H O L L A N D & K N I G H T L L P
Sponsorship Opportunities
VIEW SPONSORSHIP OPTIONS
If you would like to promote your organization to the leaders of the aero engine and leasing industry, look no further than Aero-Engines and Engine Leasing, Trading & Finance Americas. Take a look at the sponsorship prospectuses to view the packages available.
To enquire, please contact your account representative: All Americas/Canada Beth Eddy Director, Exhibit Sales +1 (561) 279 4646 beth@aviationexhibits.com
Rest of the World Clive Richardson Director, Exhibit Sales +44 (0) 7501 185257 clive@accessgroup.aero
#AEUSA #ELTFUSA | 3
WHO ATTENDS
Here is a breakdown of the 2023 attendees:
Industry breakdown MRO (maintenance, repair, overhaul)......25% Lessor.................................................. 15% Parts Distributor/Supplier.................. 15% Airline Operator................................... 12% Components/Rotables......................... 5% Consulting Services.............................. 5% OEM/Manufacturer............................... 5% Finance/Bank........................................ 4% IT Systems/Software............................ 2% Logistics/Freight Forwarding............... 2% Supply Chain.......................................... 2% Other...................................................... 8%
Purchasing ability Buy/Approve...............................................49% Recommend/Specify................................20% Influence.....................................................12% Not involved in any way............................11% Seller/Prospector.........................................7%
Other = Disassembly/Recycling/Teardown, Government/Military, Ground Support Equipment, Raw Materials, Test Equipment/Calibration
“Aero-Engines & ELTF Americas is an excellent event for buyers, sellers, lessors and maintainers of engines. The calibre of attendee is among the best in the industry. You can accomplish a great deal in a short amount of time. I highly recommend!” J O S H A B E L S O N , F O U N D E R , AV I AT I O N B U S I N E S S S T R AT E G I E S
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Seniority VP, Director, Head.......................................48% Manager......................................................28% C-Level.........................................................17% Other.............................................................. 7%
AGENDA
Day One
Wednesday, February 28, 2024
8:15am
Registration
12:45pm
Networking Lunch
2:15pm
Executive Interview
9:20am
Opening Remarks
Tom Broughton, Senior Conference Producer, Aviation Week Network 9:30am
Forecast Part 1: Americas Economic & Air Traffic Outlook
A sit-down interview with a senior executive from the investment community, covering topics including: • The investment potential of the current and new generation engines fleet • The future of sustainable propulsion: short, medium, and long-term views Moderator: Lee Ann Shay, Executive Editor MRO & Business Aviation, Aviation Week Network
Hear an up-to-date assessment of the economic picture and long-term outlook in the Americas, considering key macro-economic factors including GDP, inflation, currency, oil prices and interest rates.
2:40pm
David Lee, Managing Director, Economic & Market Research, Airlines for America
Lead times on new parts, and repair TAT continue to be a bottleneck for engine shops. PMA parts are widely used and provide a potential avenue to help alleviate this pressure. From a performance and supply chain point of view, what are airline experiences of PMA usage? Does the panel see pressure increasing on wider acceptance?
10:00am
Forecast Part 2: Engine Fleets & Valuations
Building on the economic forecast, what are the knock-on effects of economic conditions on the engine leasing market? This forecast covers airline financials, asset performances and valuations.
Panel Discussion: PMA: Are Rising Costs and Supply Chain Pressures Moving the Needle on Acceptance?
Reid Antonacchio, Director Corporate Sales Lessors and Banks, Americas, Lufthansa Technik David LeClair, General Manager, Asset and Material Solutions, Chromalloy
John Mowry, Managing Director, Alton Aviation Consultancy 3:25pm
Networking Break
10:30am
Panel Discussion: Technology Cycles in the Engines Market The backlog of new aircraft orders continues to grow, against a landscape where demand for current generation engines remains high. As we move through new technology cycles, what is the outlook from major market players? With no timeline expected on a new, clean sheet airframe, how are engine businesses preparing for the next 20 years? Beyond the incremental step changes in new engine technologies, what is the investment landscape for a path to net zero? Moderator: Lee Ann Shay, Executive Editor MRO & Business Aviation, Aviation Week Network 11:15am
Networking Break
4:10pm
Case Study: Managing Legacy Fleets
A case study session outlining how operators are working with partners to manage an aging engine fleet, to optimize greentime, and maximize the benefits of their assets. 4:40pm
Panel Discussion: Appraisers Update and View Ahead How do appraisers see the changing market? What are the main factors impacting asset values in 2024? What do the panel see as the most important factors impacting the valuation and investment attractiveness of new generation engines?
Sam Sherratt, AVP Investment Analytics, Willis Lease Finance Corporation Sloane Churchill, Manager, Asset Valuations, MBA Aviation
12:00pm
Panel Discussion: Engine Lessor Update on Lease Terms & Trends
An assessment on lease terms and structures from major engine lessors. Which engines are in demand? What are the surprises of the past 12 months? How are lessors reacting to spare engine demand? How are lessors managing their portfolios between mature and next generation engines?
5:25pm
Closing Remarks
Tom Broughton, Senior Conference Producer, Aviation Week Network
5:30pm
Welcome Reception
Moderator: Stuart Rubin, VP & Managing Director, ICF Joe Hussar, EVP & Head of Portfolio, elfc Fabrizio Laurenti, Head of Leasing Business, MTU Maintenance Lease Services Rohan Mahajan, Senior Asset Manager, Americas , Aero Capital Solutions David Moloney, Project Manager, SES Ltd.
*agenda is subject to change
#AEUSA #ELTFUSA | 5
AGENDA
Day Two
Thursday, 29 February 2024
8:00am
Registration
9:00am
Opening Remarks
Tom Broughton, Senior Conference Producer, Aviation Week Network 09:10am
Opening Keynote Presentation
Robert Conrad, CEO, Global Engine Maintenance Dominic Raja, Vice Chairman & President, Global Engine Maintenance 09:40am
Aviation Week Network Market Forecast | Key Driving Trends that Shape the Future of Commercial Engine Fleets & MRO See the latest trends, get the facts, and understand what the data means as you hear expert analysis on the current outlook for the market and critical trends. With the pandemic world in the past, see how the new altered market dynamics drive new opportunities while other forces wane. Based on the driving trends, learn how the future looks for aircraft/engine fleets, see how the composition changes, where they locate to, and observe how the MRO aftermarket responds to those market drivers. We’ll dive into the major trends impacting the market, how new deliveries will shape the landscape, and follow the dollars for the aftermarket upkeep of the fleets around the world with a particular focus on the North America market. Brian Kough, Senior Director, Forecasts & Aerospace Insights, Aviation Week Network 10:15am
Panel Discussion: New Generation Engine MRO Capacity
What have been the biggest challenges and lessons learned from transitioning to new engine services? Considering hospital visits, durability issues, training, and coordination with OEM partners. What are MRO capacity projections for LEAP & GTF powerplants? What updates can MROs provide to operators about their offerings and expectations of required work scopes? Moderator: Lee Ann Shay, Executive Editor MRO & Business Aviation, Aviation Week Network Les Cronin, VP Sales and Marketing, MTU Aero Engines North America Basil Papayoti, VP Commercial MRO, Delta TechOps Sebastian Torhorst, Head of Sales, Engine Services, Lufthansa Technik
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11:00am
Networking Break
11:45am
Panel Discussion: LEAP Update: Operations, Improvements & Aftermarket Outlook
The LEAP platform is projected to power 51% of the narrowbody fleet by 2033 (Aviation Week 2024 Commercial Fleet & MRO Forecast), it is essential that OEMs, MROs, and operators collaborate to ensure success. This forward-looking panel will cover OEM technical updates, as well as MRO feedback following performance restoration shop visits and turn to the airlines to share their operational experiences. Panelists will also share their perspectives on the direction of the aftermarket for this powerplant. Moderator: Sean Broderick, Senior Editor, Safety, Aviation Week Network Lloyd Barker, SVP LEAP Program Industrialization, StandardAero Penny Jacob, VP Commercial, Delta TechOps Services Group Ken Newton, SCM & Lease Management Director, Alaska Airlines
12:30pm
2:00pm
Networking Lunch
Aeroxchange Hosted Session
AGENDA
Key Event Themes Include:
2:30pm
Panel Discussion: Mature Engines: Capacity & Scope of Shop Visits
How are services for major fleets developing as they move towards the mature end of their lifecycle? What specific services are being utilized to keep these engines serviceable? Is a shifting balance of airline and lessor ownership changing the maintenance requirements of airlines? Is this a market where OEMs, airline operated shops and independents can compete equally? Moderator: Anthony Spaulding, President & CEO, Magellan Aviation Group Wasim Akhtar, Director of Engines, AJW Group Muazzi Hatem, VP Engineering, Global Engine Maintenance Sean Thomas, Director, Engine Repair & Overhaul, United Airlines Bo Lump, VP Business Development, Americas, SR Technics
3:15pm
Networking Break
New Generation Engine Challenges Ongoing durability problems and a lack of spare engine availability continue to cause headaches for fleet and technical leaders. Hear key updates on these critical industry developments.
Rising Costs and Parts Acceptance Supply chain stresses and parts price increases puts pressure on wider acceptance of PMA/DER. What is the outlook?
Investing in Mature Engines Strong demand for mature engines continues. What is the investment case for maintenance on these assets? How must shop capacity adapt to meet changing operator requirements?
4:00pm
Presentation Slot 4:25pm
Does M&A Help or Hurt the Supply Chain Problem?
Opening with a short presentation on the state of mergers and acquisitions in the engines market, this session will then turn to a group of experts to debate the day-to-day impacts of a changing market landscape. The panel will consider the impacts and motivations behind M&A from a supply chain, finance, cost, revenue, and business continuity perspective. Moderator: Jonathan Berger, Managing Director, Alton Aviation Consultancy Oliver T. Althoff, Managing Director & Head of North America, Aviation, Aerospace & Defense Banking, Seabury Corporate Finance Jeff White, Partner, Robinson & Cole LLP 5:15pm
Conference Closing Remarks
Tom Broughton, Senior Conference Producer, Aviation Week Network
5:30pm
Networking Reception
*agenda is subject to change
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AGENDA
Day Three Friday, 1 March 2024 12:00pm 8:00am
Registration
09:30am
Opening Remarks
Tom Broughton, Senior Conference Producer, Aviation Week Network 09:40am
Panel Discussion: GTF Update: Technical Focus & Maintenance Requirements
The PW1000G platform is projected to power 20% of the narrowbody fleet by 2033 (Aviation Week 2024 Commercial Fleet & MRO Forecast), the OEM, MRO, lessor and airlines community need to work together to ensure the success of the engine. This panel takes a forward looking approach, to discuss technical updates from the OEM as well as the maintenance needs of operators to assess and resolve durability related issues.
Panel Discussion: USM & Investment in Overhaul
How is an increased demand for mature generation engines, along with a lull of SVs and increase of short-term leasing, impacting the pricing and availability of used parts? Assuming that a majority of these engines will see the shop at some point, what is the investment case for overhaul vs. teardown? Michael Gaetano, VP, Supply Chain & Asset Management, Lockheed Martin Commercial Engine Solutions Julio Ramirez, VP Sales & Customer Support, Global Engine Maintenance David Whetstone, Director of Business Development, PTS Aviation
12:45pm
Conference Closing Remarks
Tom Broughton, Senior Conference Producer, Aviation Week Network
12:50pm
Networking Lunch
Moderator: Sean Broderick, Senior Editor, Safety, Aviation Week Network Bob Matson, VP Global Technical Services, Willis Lease Finance Corporation 1:30pm 10:30am
Case Study: Developing Sustainable MRO Operations
There are a range of levers that MROs can pull to reduce their operating emissions; what tools have proved most effective? What have conversations with airline partners looked like? What KPIs are expected and how are they measured?
11:00am
Networking Break
11:45am
Air Cargo Market Data Blast
Hear the latest trends in the air freight industry and the impacts to the freighter market. See how utilization is changing, where and how the fleets are evolving (new build freighters vs. passenger conversions), and the prospects for the future fleets around the world. See how the trends shape the future so you can plan your business for the next steps. Brian Kough, Senior Director, Forecasts & Aerospace Insights, Aviation Week Network
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Global Engine Maintenance Facility Tour Departure Join us for an exciting in-person guided shop tour event at Global Engine Maintenance, LLC in Doral, FL, USA! Get ready to explore the fascinating world of the (CFM56-7B, CFM56-5B and CFM56-3C1) engines and discover the inner workings of our state-of-the-art facility. This is a unique opportunity to witness firsthand how our skilled technicians expertly handle engines and keep them running smoothly. Don’t miss out on this exclusive chance to gain insights into the cutting-edge technology and processes that power the aviation industry while learning about the advanced engineering that’s making it possible. Buses will depart the conference hotel at 1:30pm, and depart the GEM facility at 4:30pm. Buses will return back to the hotel, or drop attendees at MIA or FLL. Please register for the tour during conference registration. For any questions please contact events@aviationweek.co.uk
KEY AERO-ENGINES AMERICAS = ENGINE LEASING, TRADING & FINANCE AMERICAS =
SPEAKERS
DIRECTOR OF ENGINES AJW GROUP
MANAGING DIRECTOR & HEAD OF NORTH AMERICA, AVIATION, AEROSPACE & DEFENSE BANKING SEABURY CORPORATE FINANCE
Oliver T. Althoff
Reid Antonacchio DIRECTOR, SALES BANKS & LESSORS, AMERICAS LUFTHANSA TECHNIK
SVP LEAP PROGRAM INDUSTRIALIZATION STANDARDAERO
Sean Broderick
Sloane Churchill
Robert Conrad
Les Cronin
Wasim Akhtar
SENIOR AIR TRANSPORT & SAFETY EDITOR AVIATION WEEK NETWORK
Muazzi Hatem
VP ENGINEERING GLOBAL ENGINE MAINTENANCE
David LeClair
GENERAL MANAGER, ASSET AND MATERIAL SOLUTIONS CHROMALLOY
MANAGER, ASSET VALUATIONS MBA AVIATION
Joe Hussar
EVP & HEAD OF PORTFOLIO ELFC
David Lee
MANAGING DIRECTOR, ECONOMICS & MARKET RESEARCH AIRLINES FOR AMERICA
CEO GLOBAL ENGINE MAINTENANCE
Penny Jacob
Lloyd Barker
Jonathan Berger MANAGING DIRECTOR ALTON AVIATION CONSULTANCY
Michael Gaetano
VP SALES & MARKETING MTU AERO ENGINES NORTH AMERICA
VP, SUPPLY CHAIN & ASSET MANAGEMENT LOCKHEED MARTIN COMMERCIAL ENGINE SOLUTIONS
Brian Kough
Fabrizio Laurenti
VP COMMERCIAL DELTA TECH OPS SERVICES GROUP
SENIOR DIRECTOR, FORECASTS & AEROSPACE INSIGHTS AVIATION WEEK NETWORK
HEAD OF LEASING BUSINESS MTU MAINTENANCE LEASE SERVICES
Bo Lump
Rohan Mahajan
Bob Matson
VP BUSINESS DEVELOPMENT, AMERICAS SR TECHNICS
SENIOR ASSET MANAGER, AMERICAS AERO CAPITAL SOLUTIONS
VP GLOBAL TECHNICAL SERVICES WILLIS LEASE FINANCE CORPORATION
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KEY AERO-ENGINES AMERICAS = ENGINE LEASING, TRADING & FINANCE AMERICAS =
SPEAKERS
David Moloney
PROJECT MANAGER SES LTD.
Julio Ramirez
John Mowry
MANAGING DIRECTOR ALTON AVIATION CONSULTANCY
Stuart Rubin
VP SALES AND CUSTOMER SUPPORT GLOBAL ENGINE MAINTENANCE
VP AND MANAGING DIRECTOR, AVIATION ICF
Sean Thomas
Sebastian Torhorst
David Whetstone
Jeff White
DIRECTOR, ENGINE REPAIR & OVERHAUL UNITED AIRLINES
DIRECTOR OF BUSINESS DEVELOPMENT PTS AVIATION
Ken Newton
SCM ENGINE & LEASE MGMT DIRECTOR ALASKA AIRLINES
Lee Ann Shay
EXECUTIVE EDITOR, BUSINESS AVIATION AND MRO AVIATION WEEK NETWORK
Basil Papayoti
Dominic Raja
VICE PRESIDENT – COMMERCIAL MRO DELTA TECHOPS
VICE CHAIRMAN AND PRESIDENT GLOBAL ENGINE MAINTENANCE
Sam Sherratt
Anthony Spaulding
AVP, INVESTMENT ANALYTICS WILLIS LEASE FINANCE CORPORATION
PRESIDENT & CEO MAGELLAN AVIATION GROUP
HEAD OF SALES ENGINE SERVICES, AMERICAS LUFTHANSA TECHNIK
PARTNER ROBINSON & COLE LLP
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VIEW FULL SPEAKER LIST
AERO-ENGINES AMERICAS SHOWCASE
Source Suppliers, Products, Services and Solutions The Aero-Engines Americas showcase connects buyers and sellers, allowing you to source suppliers, products, services and solutions. Learn about the latest technologies, tools and resources and translate the practical knowledge of the conference into real-life solutions and savings for your aero engine business! NOTE: The showcase takes place during the two Aero-Engines Americas days (February 29 – March 1). Only All Access or Aero-Engines Americas Only pass holders will have access.
Atec, Inc.
DERCO A LOCKHEED MARTIN COMPANY
LOOKING TO SHOWCASE YOUR SOLUTIONS TO 800+ AERO ENGINE EXECUTIVES? LIMITED SPOTS ARE AVAILABLE! TO ENQUIRE, PLEASE CONTACT YOUR ACCOUNT REPRESENTATIVE: All Americas/Canada Beth Eddy Director, Exhibit Sales +1 (561) 279 4646 beth@aviationexhibits.com
Rest of the World Clive Richardson Director, Exhibit Sales +44 (0) 7501 185257 clive@accessgroup.aero
“Aero-Engines & ELTF Americas is a key event in the calendar bringing together players across the engine market, delivering great networking opportunities and informative panel discussions & debates.” ROBERT SYMS, MANAGING DIRECTOR, BII.AERO
#AEUSA #ELTFUSA | 11
REGISTER TO ATTEND
Before January 17
After January 17
All Access
$1,555
$1,995
Aero-Engines Americas Only
$1,255
$1,555
Engine Leasing, Trading & Finance Americas Only
$525
$725
Qualifying Airlines*
FREE
FREE
Qualifying Lessors*
Engine Leasing, Trading & Finance Americas Only or All Access - $525, Aero-Engines Americas Only - Free
Engine Leasing, Trading & Finance Americas Only or All Access - $725, Aero-Engines Americas Only - Free
REGISTER NOW FOR GENERAL REGISTRATION AND GROUP BOOKING ENQUIRIES, PLEASE CONTACT EVENTS@AVIATIONWEEK.CO.UK *VIP AIRLINE QUALIFICATION
*VIP LESSOR QUALIFICATION
Qualifying representatives for airlines must hold a job function within the areas of purchasing, maintenance, overhaul, engineering, supply chain or technology. Representatives in sales/business development/marketing/ customer service roles or from third party maintenance affiliates do not qualify for a free place.
Qualifying representatives for leasing companies must hold a job function solely in technical procurement. Leasing representatives in sales/ trading/business development/marketing/customer service/corporate/ administration do not qualify for a free place.
Please note: You must register with a valid company email address and Aviation Week Network reserves the right to cancel any non-qualifying registrations. Your airline registration will go through an approval process before it is confirmed, this may take up to 2-3 business days.
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To apply for your complimentary or discounted place, please contact the team via email events@aviationweek.co.uk in order to obtain a promotional code for booking.
VENUE & ACCOMMODATION
Venue
Book Accommodation
Aero-Engines and Engine Leasing, Trading & Finance Americas 2024 takes place at the JW Marriott Miami Turnberry, FL, USA
We have secured an exclusive hotel rate of $369 per room per night (excluding 13% tax and $25 resort fee per room, per night). This is available 27 February – 1 March and all rooms are allocated on a first come first served basis. There is limited space available, so we recommend you book your room as soon as you can!
Address: 19999 West Country Club Drive Aventura FL 33180 United States
BOOK ACCOMMODATION HERE
We look forward to seeing you in Miami in February! #AEUSA #ELTFUSA
#AEUSA #ELTFUSA | 13