Airlines costs management

Size: px
Start display at page:

Download "Airlines costs management"

Transcription

1 Airlines costs management May 2016 Phil Seymour - CEO Paul Lyons - Strategy Director

2 Housekeeping Your Participation Open and close your control panel Join audio: Choose Mic & Speakers to use VoIP Choose Telephone and dial using the information provided Submit questions and comments via the Questions panel Note: Today s presentation is being recorded and will be provided within 48 hours.

3 Enhancing Decision Making Full service Data, asset management, technical advisory Independent No vested interest in a deal progressing or in placating advertisers No conflict in treatment of assets under management or for sale Diversified talent pool Imaginative solution finding from a breadth of backgrounds Exclusive data Unique access to critical data and intelligence EXIT IPO readiness DD on prospective buyer Sell side advisory ADDRESSING ISSUES SELECTION Portfolio monitoring & analysis Early warning of concerns Litigation & dispute support Target intelligence Market entry Competitive intelligence 4. EXIT 1. IDENTIFICATION 3. BUILDING VALUE 2. AQUISITION OPPORTUNITY Asset DD & values Competitor analysis Key stakeholder DD Benchmarking THE DEAL Negotiation Critical factors Risk assessment RUNNING THE ASSET Maintenance reserves and DOC analysis Costs management Technical & regulatory advisory Redelivery planning Regular reporting around fleets & values

4 The technical costs quadrant (narrow/wide savings) Fleet Planning: $2/5m Mission/Sector/Payload Flexibility/Options Buy/Lease Crew Commonality Maint Support Options Maintenance Costs $1/2.5m How do you compare? OEM Data v Real World Environment/Operational Impact Reserves v Costs variances MPD v Contractual Warranties and Provisions $1/2.5m Management of claims Lack of airline focus Process driven Millions available and unclaimed AD cost sharing Transition Management $1.7/3.9m Extend or Return Analysis Early Engagement Key issues revisited Improvement Initiatives

5 Show me the money Potential savings for a fleet of 76: $317m Typical operating profit for a 76 aircraft airline: $175m easy to slide into loss Cashflow critical, savings can smooth the seasonality curve Fleet size: 76 Redelivery Ratio 10% Widebody multiplier 2.5 Narrow/Wide redelivery ($m) Potential savings across ($m): Narrow Total ($m) Wide Total ($m) Fleet Planning Warranties and Provisions Maintenance costs Redeliveries sub total Engines Rotables Fuselage Landing Gear Interior Avionics Fleet Planning X X X X Warranties and Provisions X X X X X Maintanance costs X X Redeliveries X X Potential saving per aircraft ($m) Savings per narrow Fleet Planning Maintenance costs savings per wide Warranties and Provisions Redeliveries

6 In more detail Fleet planning Fleet Planning: $2/5m Mission/Sector/Payload Does it fly far enough to maximise efficiencies How rapidly is traffic changing Flexibility/Options Agree costs of upgrades even if not chosen Buy or Lease? Operational versus financial benefits Lease if you can t drive a big discount Carefully review a great deal on a less popular aircraft It isn t just about the lease rate or purchase price lease rate/price weight age Average Aircraft 1 Aircraft 2 Crew Commonality Consider the potential for up/down scaling Maintenance Support Options - Don t have the OEM as your only source fuel burn maintenance costs - Regional Considerations range - In-house v Outsourcing

7 In more detail Maintenance costs Maintenance Costs $1/2.5m How do you compare? OEM Data v Real World Environment/Operational Impact Reserves v Costs variances MPD v Contractual In-house/Outsourcing Engines/High Cost Rotables Direct maintenance costs by airline Source: IATA

8 In more detail Warranties and provisions Warranties and Provisions $1/2.5m Creeping costs, under the radar Management of claims Lack of airline focus - falling between the cracks Process driven AD cost sharing Maintenance Reserves Millions available and unclaimed Finance Keep to budget Get costs fixed Create supplier competitiveness the maintenance guys always bust the budget (spend too much) get the OEM to be aligned with our interests Line Maint. Keep it safe Get it fixed Get it out maintenance costs are difficult to predict so I always overestimate but am told its too high the OEM cost estimates are not adequate

9 In more detail - Transition Management Transition Management $1.7/3.9m Extend or Return Analysis Early Engagement Key issues revisited Improvement Initiatives Engines General Components Fuselage, windows and doors Landing gear Corrosion Interior and carpet APU Wings & Empennage - 200, , ,000

10

11 Extend or Return? Extend Good deals to be had, especially on widebodies, given demand and fit out costs. Gap between current and next generation kit has narrowed, slowing adoption Still a big decision driven by a complex balance of rates, costs, reserves and demand. Return Last minute = bad news and/or big fees Two years planning How to replace/where s it going What can I avoid paying for What do I get next engines, IFE Not a lesson in each side shafting the other In fact the opposite is true, doing the right thing = a better deal and more choice.

12 Recent examples Start up airline 8 year lease Marketing and sales 95% of management time Lease docs literally shoved in drawer and ignored 6 months out nowhere near return conditions, gears and engines late to MRO at peak time of year (Winter) Big prob for both parties late delivery penalty, high costs for each side Lessor fails to deliver to next lessee on time. Medium airline Great tech team, but focus on up, not back. Focus on the day to day difficult to change Sufficient volume to really hit core operations. We are seeing moves for this size of airline to realise limitations and outsource to specialists Large airline Some might say arrogance Assume strong commercial strength will mean lessors will concede Probably the worst at collating records, mods and repair files if various tech depts. are spread over a large area.

Aircraft Leasing in Latin America

Aircraft Leasing in Latin America Aircraft Leasing in Latin America Phil Seymour, CEO, IBA September 2016 How secure is your aircraft portfolio in the region? Latin America aircraft market size and scale How much movement is there for

More information

Market Update Narrow bodies and transition management

Market Update Narrow bodies and transition management Market Update Narrow bodies and transition management May 2016 Phil Seymour CEO Stuart Hatcher CIO Enhancing Decision Making Full service Data, asset management, technical advisory Independent No vested

More information

Intelligence Investment guidance. Managing aircraft. Delivering value Analysis. Member of ISTAT UK CAA Approval No. UK.MG.

Intelligence Investment guidance. Managing aircraft. Delivering value Analysis.  Member of ISTAT UK CAA Approval No. UK.MG. Managing aircraft Intelligence Investment guidance Delivering value Analysis Technical expertise Operating globally Member of ISTAT UK CAA Approval No. UK.MG.0622 www.iba.aero Established in 1988, IBA

More information

Risk Mapping Technical Services. Asset Management. Aircraft Valuations Analysis. Member of ISTAT UK CAA Approval No. UK.MG.

Risk Mapping Technical Services. Asset Management. Aircraft Valuations Analysis.   Member of ISTAT UK CAA Approval No. UK.MG. Asset Management Risk Mapping Technical Services Aircraft Valuations Analysis Market Intelligence P2F Advisory Member of ISTAT UK CAA Approval No. UK.MG.0622 www.iba.aero Established in 1988, IBA is a

More information

Risk Mapping Technical Services. Asset Management. Aircraft Valuations Analysis. Member of ISTAT UK CAA Approval No. UK.MG.

Risk Mapping Technical Services. Asset Management. Aircraft Valuations Analysis.   Member of ISTAT UK CAA Approval No. UK.MG. Asset Management Risk Mapping Technical Services Aircraft Valuations Analysis Market Intelligence P2F Advisory Member of ISTAT UK CAA Approval No. UK.MG.0622 www.iba.aero Established in 1988, IBA is an

More information

AIRCRAFT FINANCE Review 2018/19

AIRCRAFT FINANCE Review 2018/19 AIRCRAFT FINANCE Review 2018/19 Aircraft Finance Review 2018 final layout.indd 1 19/03/2018 11:02:48 REMARKETING OF AIRCRAFT COMING OFF LEASE BY PHIL SEYMOUR, IBA 2018 IS LIKELY TO BE A REPEAT OF 2017

More information

E-RECORDS. Heading towards a Paperless operation SWARAN SIDHU - HEAD OF FLEET TECHNICAL MANAGEMENT

E-RECORDS. Heading towards a Paperless operation SWARAN SIDHU - HEAD OF FLEET TECHNICAL MANAGEMENT Heading towards a SWARAN SIDHU - HEAD OF FLEET TECHNICAL MANAGEMENT something about us Ambition > What we do: We are low-cost European point-to-point short-haul airline. > Where we do it: Intra-European

More information

Redelivery Management and Technical Aspects of Leases

Redelivery Management and Technical Aspects of Leases currently be displayed. Redelivery Management and Technical Aspects of Leases Oisín Murray - Head of Technical and Asset Management Agenda Lease Agreement Technical Considerations Maintenance Overview

More information

Guidelines for Life Limited Part (LLP) Movement History Sheet

Guidelines for Life Limited Part (LLP) Movement History Sheet Guidelines for Life Limited Part (LLP) Movement History Sheet 1. Background 1.1. History Transfer of LLPs between owners/operators has in the past caused issues and time consuming tasks. Operators have

More information

Logistics Beyond Transportation

Logistics Beyond Transportation Presented by: David Stewart Vice President, ICF International david.stewart@icfi.com Logistics Beyond Transportation 3 November 2015 - Singapore ICF International icfi.com ICF 2015 0 ICF International

More information

E-RECORDS. Our Innovation journey - a Paperless operation SWARAN SIDHU - HEAD OF FLEET TECHNICAL MANAGEMENT

E-RECORDS. Our Innovation journey - a Paperless operation SWARAN SIDHU - HEAD OF FLEET TECHNICAL MANAGEMENT Our Innovation journey - a Paperless operation SWARAN SIDHU - HEAD OF FLEET TECHNICAL MANAGEMENT something about us > What we do: We are low-cost European point-to-point short-haul airline. > Where we

More information

The Strategic Commercial and Procurement Manager

The Strategic Commercial and Procurement Manager Item 3 To: Procurement Sub Committee On: 8 June 2016 Report by: The Strategic Commercial and Procurement Manager Heading: Renfrewshire Council s Community Benefit Strategy 2016 1. Summary 1.1. The purpose

More information

Continuing Airworthiness Management For Stakeholders

Continuing Airworthiness Management For Stakeholders Commercial Aircraft Asset Management Continuing Airworthiness Management For Stakeholders Presented by Ben Jacques, Commercial Manager IBA Group Limited The first choice aviation consultancy Whenever and

More information

Documentation Issues and Initiatives

Documentation Issues and Initiatives Documentation Issues and Initiatives Chris Markou Head, Operational Cost Management IATA, Safety and Flight Operations ASA Quality Committee Meeting June 12-14, 2017 About IATA (Intern l Air Transport

More information

IATA Maintenance Cost Conference The financial impact of extending or reducing a lease. 24 September 2015 Miami, Florida

IATA Maintenance Cost Conference The financial impact of extending or reducing a lease. 24 September 2015 Miami, Florida IATA Maintenance Cost Conference The financial impact of extending or reducing a lease 24 September 2015 Miami, Florida Index Introduction SGI Aviation Leasing landscape Maintenance reserves Effects on

More information

Valuation Implications of Aircraft Life Cycle. Bruce Burnett AVITAS June 8, 2015

Valuation Implications of Aircraft Life Cycle. Bruce Burnett AVITAS June 8, 2015 Valuation Implications of Aircraft Life Cycle Bruce Burnett AVITAS June 8, 2015 Contents AVITAS Who Are We? Oil Prices Global Fleet Forecast Fleet Trends Parting Out Aircraft Market Demand Factors Future

More information

All aviation aspects where a valued support can combine the required high quality with cost saving.

All aviation aspects where a valued support can combine the required high quality with cost saving. After having worked for many years with airline operators and maintenance organizations, in 2007 a group of experts decided to leave their jobs and dedicate their time and experience to the achievement

More information

IATA Paperless Operations; Update

IATA Paperless Operations; Update IATA Paperless Operations; Update Chris Markou, PhD, MBA Head, Operational Cost Management IATA, Safety and Flight Operations 2017 ATA e-business Forum About IATA (Intern l Air Transport Ass n) Represents

More information

Global MRO Dynamics & Increasing Interest in Data Analytics Aerospace & Defense Practice Frost & Sullivan

Global MRO Dynamics & Increasing Interest in Data Analytics Aerospace & Defense Practice Frost & Sullivan Global MRO Dynamics & Increasing Interest in Data Analytics 2016 Aerospace & Defense Practice Frost & Sullivan Global MRO demand forecast A 10 year market sizing which is important to decide investment

More information

Presentation to Engine Investor & Financier New York Roadshow. April 3 rd International Bureau of Aviation

Presentation to Engine Investor & Financier New York Roadshow. April 3 rd International Bureau of Aviation International Bureau of Aviation Presentation to Engine Investor & Financier New York Roadshow April 3 rd 2007 Phil Seymour Managing Director IBA Group Limited Meadowcroft House 180 Balcombe Road Horley,

More information

OEM MRO Collaboration: A Case Study

OEM MRO Collaboration: A Case Study OEM MRO Collaboration: A Case Study Gijs van Rooijen, Product Support Director, AFI KLM E&M Joe Dunne, Director, Materials Management Services, The Boeing Company 18-20 October 2016 RAI Amsterdam, The

More information

Analysts and Investors conference call. Q results. 15 May 2013

Analysts and Investors conference call. Q results. 15 May 2013 Analysts and Investors conference call Q1 2013 results 15 May 2013 Management summary Key messages of Q1 2013 +6% +9% +3.3%p. Q1 2013 operational KPIs are in line with 109.7 116.2 6.5 7.1 82.3 85.6 expectations,

More information

Leaders in independent airworthiness management services. flyertech.com

Leaders in independent airworthiness management services. flyertech.com Leaders in independent airworthiness management services / AIRWORTHINESS MANAGEMENT SERVICES. We are an independent Continuing Airworthiness Management Organisation. We are the world leaders in providing

More information

the journal for commercial aircraft business

the journal for commercial aircraft business the journal for commercial aircraft business Media pack 2008 aircraft commerce aircraft commerce aircraft commerce the journal for commercial aircraft business aircraft commerce a The magazine Aircraft

More information

Doric Aviation Day Going in for Landing

Doric Aviation Day Going in for Landing Doric Aviation Day Going in for Landing Content Summary of the Day Overview Aviation Advisory Asset Management & Remarketing The A380 Story Page 2 Summary of the Day Boeing Aviation, a growing market also

More information

MID-AGE AIRCRAFT 2017 LEASE HIGH YIELD MID-AGE AIRCRAFT LEASE AND TECHNICAL RISKS

MID-AGE AIRCRAFT 2017 LEASE HIGH YIELD MID-AGE AIRCRAFT LEASE AND TECHNICAL RISKS MID-AGE AIRCRAFT 2017 LEASE HIGH YIELD MID-AGE AIRCRAFT LEASE AND TECHNICAL RISKS TODAY S PRESENTER 2 TOMAS SIDLAUSKAS Vice President Sales & Member of the Management Board Joined the Group in 2013, is

More information

GECAS T A K E F L I G H T. September 29, 2017 Not to be copied, distributed, or reproduced without prior approval.

GECAS T A K E F L I G H T. September 29, 2017 Not to be copied, distributed, or reproduced without prior approval. GECAS T A K E F L I G H T September 29, 2017 Not to be copied, distributed, or reproduced without prior approval. GECAS 50 years of industry leading aviation services The longest track record of providing

More information

Professional Aviation Solutions

Professional Aviation Solutions Professional Aviation Solutions The PAS Aviation Group An expanding group of international companies, based in Switzerland with offices at Zurich Airport, London, Singapore and Jakarta. The Group offers

More information

Presented by Michael Howard 28 October 2010 Las Vegas, Nevada

Presented by Michael Howard 28 October 2010 Las Vegas, Nevada Presented by Michael Howard 28 October 2010 Las Vegas, Nevada MARPA 2010 Annual Conference Ann Arbor, Michigan Amersham, United Kingdom Singapore www.aerostrategy.com MARPA 2010 ANNUAL CONFERENCE AGENDA

More information

Key Performance Indicators

Key Performance Indicators Key Performance Indicators The first section of this document looks at key performance indicators (KPIs) that are relevant in SkyChess. KPIs are useful as a measure of productivity, which can be sub-divided

More information

Maintenance Cost Estimation Method of an Aircraft Manufacturer

Maintenance Cost Estimation Method of an Aircraft Manufacturer Maintenance Cost Estimation Method of an Aircraft Manufacturer Taro Ogawa Strategic Marketing Director, Mitsubishi Aircraft Corporation September 10th, 2014 DISCLAIMER: This document and all information

More information

Global reach. AAR across the world. Old meets new KLM UK Engineering. Perfect storm Hurricane Maria recovery. Power play easyjet picks an engine

Global reach. AAR across the world. Old meets new KLM UK Engineering. Perfect storm Hurricane Maria recovery. Power play easyjet picks an engine WWW.MROMANAGEMENT.COM MARCH 2018 VOLUME 20 ISSUE 1 20 CELEBRATING Global reach AAR across the world Perfect storm Hurricane Maria recovery Old meets new KLM UK Engineering Power play easyjet picks an engine

More information

Evaluation of Alternative Aircraft Types Dr. Peter Belobaba

Evaluation of Alternative Aircraft Types Dr. Peter Belobaba Evaluation of Alternative Aircraft Types Dr. Peter Belobaba Istanbul Technical University Air Transportation Management M.Sc. Program Network, Fleet and Schedule Strategic Planning Module 5: 10 March 2014

More information

For personal use only

For personal use only STRUCTURAL MONITORING SYSTEMS EXECUTES WORLD S FIRST COMMERCIAL SUPPLY & MARKETING AGREEMENT WITH DELTA AIR LINES HIGHLIGHTS: SMS executes pivotal Aircraft Component Purchase ( ACP ) Agreement with Delta

More information

Paperless Operations. Chris Markou Head, Operational Cost Management - IATA

Paperless Operations. Chris Markou Head, Operational Cost Management - IATA Paperless Operations Chris Markou Head, Operational Cost Management - IATA Paperless Operations; Vision 2020 New Aircraft In-Service Aircraft Digitising of current paper systems is a transition phase towards

More information

MRO Market Update & Industry Trends

MRO Market Update & Industry Trends January 25-26, 2017 Cancun, Mexico Presented by: Jonathan M. Berger Vice President ICF jberger@icf.com MRO Market Update & Industry Trends 0 Today s Agenda Fleet & MRO Forecast 2016: What a long strange

More information

GECAS A B O V E & B E Y O N D

GECAS A B O V E & B E Y O N D GECAS A B O V E & B E Y O N D Offering the widest range of aircraft types and financing solutions in the industry More than 270 clients call us partner from startup and regional airlines to national flag

More information

CONTACT: Investor Relations Corporate Communications

CONTACT: Investor Relations Corporate Communications NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces Second Quarter 2017

More information

TURBULENCE AHEAD DISENGAGE THE AUTOPILOT GLOBAL FLEET & MRO MARKET FORECAST

TURBULENCE AHEAD DISENGAGE THE AUTOPILOT GLOBAL FLEET & MRO MARKET FORECAST TURBULENCE AHEAD DISENGAGE THE AUTOPILOT 2015-2025 GLOBAL FLEET & MRO MARKET FORECAST Tuesday, October 13 th 2015 Christopher Doan Vice President Oliver Wyman acquired TeamSAI and integrated the business

More information

CLINGING TO THE PAST OCTOBER Presented by: Brian Prentice. AVIATION, AEROSPACE & DEFENSE Oliver Wyman

CLINGING TO THE PAST OCTOBER Presented by: Brian Prentice. AVIATION, AEROSPACE & DEFENSE Oliver Wyman CLINGING TO THE PAST OCTOBER 2017 Presented by: Brian Prentice AVIATION, AEROSPACE & DEFENSE Oliver Wyman s Aviation, Aerospace & Defense practice is the largest and most capable consulting team dedicated

More information

How to reach the Cabin Economics Health? metrics for cabin economics performance

How to reach the Cabin Economics Health? metrics for cabin economics performance How to reach the Cabin Economics Health? metrics for cabin economics performance Jean-Vincent Harant Maintenance Economics & Operational Availability Introduction - Cabin Economics - IFE Cabin Economics

More information

Air Berlin PLC AGM 06 June 2013 London

Air Berlin PLC AGM 06 June 2013 London Air Berlin PLC AGM 06 June 2013 London airberlin a strong European carrier Market position as of 31 December 2012 No. 2 in core market: Germany / Austria / Switzerland No. 7 in Europe with 33.3 m guests

More information

Air Transport Industry

Air Transport Industry Air Transport Industry Structure, Economics, Operations Northwestern University Transportation Center April 28, 2016 Peter L. Smith Context The Presenter BA Harvard, MST Northwestern, MBA Foster School

More information

Cost Cutting for Success: Factors Influencing Costs

Cost Cutting for Success: Factors Influencing Costs Cost Cutting for Success: Factors Influencing Costs Dr George Williams Reader in Airline Economics Unit Cost (pence per ASK) in 2005/6 12 10 8 6 4 2 0 BA Connect Flybe easyjet Virgin Atlantic Monarch Astraeus

More information

Can Operators Continue to Maintain Poor Technical Records?

Can Operators Continue to Maintain Poor Technical Records? Can Operators Continue to Maintain Poor Technical Records? Gareth Cunningham 3 rd May 2013 Gareth Cunningham 27+ years Royal Air Force Engineering Officer 17 + years airline industry Engineering Director

More information

IATA ECONOMIC BRIEFING FEBRUARY 2007

IATA ECONOMIC BRIEFING FEBRUARY 2007 IATA ECONOMIC BRIEFING FEBRUARY 27 NEW AIRCRAFT ORDERS KEY POINTS New aircraft orders remained very high in 26. The total of 1,834 new orders for Boeing and Airbus commercial planes was down slightly from

More information

SkyWest, Inc. Announces First Quarter 2018 Profit

SkyWest, Inc. Announces First Quarter 2018 Profit NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces First Quarter 2018

More information

1.6 M Manhours per year. 9 Heavy wide-body bays incl 3 A380 bays with paint facilities. More than 200,000 m 2 of apron & hangars

1.6 M Manhours per year. 9 Heavy wide-body bays incl 3 A380 bays with paint facilities. More than 200,000 m 2 of apron & hangars The Design, Engineering and Innovation team at Etihad Airways Engineering provides finest Innovations, Engineering and Production solutions to Etihad and customers from all over the world. Etihad Airways

More information

Investor & analyst day. London, 28 September 2011

Investor & analyst day. London, 28 September 2011 Investor & analyst day London, 28 September 2011 2 years ago Andrew Macfarlane Fundamentally attractive airline But Assets Robust balance sheet Modern Airbus fleet; 50% owned Valuable route network & strategic

More information

Mr. Adel Al-Banwan Deputy CEO

Mr. Adel Al-Banwan Deputy CEO The 8th Forum for Listed Companies and Analysts ALAFCO Aviation Lease and Finance Co. Mr. Adel Al-Banwan Deputy CEO (18 th April 2016) ALAFCO Aviation Lease and Finance Company K.S.C.P. ALAFCO Aviation

More information

Global Commercial Aircraft MRO Market (Maintenance, Repair & Overhaul ):

Global Commercial Aircraft MRO Market (Maintenance, Repair & Overhaul ): Industry Research by Koncept Analytics Global Commercial Aircraft MRO Market (Maintenance, Repair & Overhaul ): Industry Analysis & Outlook ----------------------------------------- (2018-2022) January

More information

Market Update: Webinar and slides, October 2016 Brexit, the Plateau and Regional Risk

Market Update: Webinar and slides, October 2016 Brexit, the Plateau and Regional Risk Market Update: Webinar and slides, October 2016 Brexit, the Plateau and Regional Risk Presented by: Stuart Hatcher stuart.hatcher@iba.aero Enhancing Decision Making Full service Intelligence, Asset Management

More information

Fourth Quarter 2015 Financial Results

Fourth Quarter 2015 Financial Results Fourth Quarter 2015 Financial Results AerCap Holdings N.V. February 23, 2016 Disclaimer Incl. Forward Looking Statements & Safe Harbor This presentation contains certain statements, estimates and forecasts

More information

Operating lease of 50 new MC aircraft. Annual General Meeting of Shareholders Moscow 25 June 2018

Operating lease of 50 new MC aircraft. Annual General Meeting of Shareholders Moscow 25 June 2018 Operating lease of 50 new MC-21-300 aircraft Annual General Meeting of Shareholders Moscow 25 June 2018 Disclaimer This document has been prepared by PJSC Aeroflot (the Company ). By attending the meeting

More information

GECAS is a preeminent aircraft asset manager & financier

GECAS is a preeminent aircraft asset manager & financier GE Infrastructure Analyst Meeting November 2, 2005 GE Commercial Aviation Services Henry Hubschman President and CEO, GECAS 1 GECAS is a preeminent aircraft asset manager & financier 1,300+ owned and 300

More information

The Royal Aeronautical Society International Working Group Steering Committee.

The Royal Aeronautical Society International Working Group Steering Committee. The Royal Aeronautical Society International Working Group Steering Committee. NGAP March 2010 1 Royal Aeronautical Society Flight Simulation i Group www.raes fsg.org.uk The Flight Simulation Group (FSG)

More information

Paperless Aircraft Operations - IATA s Vision and Actions - Chris MARKOU IATA Operational Costs Management

Paperless Aircraft Operations - IATA s Vision and Actions - Chris MARKOU IATA Operational Costs Management Paperless Aircraft Operations - IATA s Vision and Actions - Chris MARKOU IATA Operational Costs Management IATA s Paperless Initiatives Passenger Reservations, Ticketing and Airport Processes e-ticketing

More information

Ryannair Holdings plc. Sample 8

Ryannair Holdings plc. Sample 8 GCE Business Studies Aer Lingus plc Ryannair Sample 8 GCE Business Study the information below and answer the questions that follow. The following are two public limited companies that operate within the

More information

AerCap Holdings N.V. Aengus Kelly, CEO. January 2017

AerCap Holdings N.V. Aengus Kelly, CEO. January 2017 AerCap Holdings N.V. Aengus Kelly, CEO January 2017 Industry Update Looking Back PASSENGER TRAFFIC GROWTH Air traffic growth in 2016 remained robust, short-haul at 5.6% and long-haul at 6.4% 1 CHINA SLOWING

More information

Airplane Value Analysis Alex Philip

Airplane Value Analysis Alex Philip Airplane Value Analysis Alex Philip Istanbul Technical University Air Transportation Management M.Sc. Program Fundamentals of Airline Management Module 7: 14 October 2015 Financial evaluation of projects

More information

Line Maintenance Challenges & Opportunities. October 3-5, 2017: London, United Kingdom

Line Maintenance Challenges & Opportunities. October 3-5, 2017: London, United Kingdom Line Maintenance Challenges & Opportunities October 3-5, 2017: London, United Kingdom TODAY S AGENDA The Multiple Hats of Line Maintenance Line Maintenance Market Demand Make/Buy Considerations To Phase

More information

Giving you every advantage to succeed

Giving you every advantage to succeed R Boeing Commercial Airplanes P.O. Box 3707, MC 21-85 Seattle, WA 98124-2207 www.boeing.com/boeingedge www.newairplane.com/boeingedge Giving you every advantage to succeed The statements contained herein

More information

Financing the Airlines Expansion. Liberalisation of Air Transport in Asia/Pacific Shanghai, China 25 May 2005

Financing the Airlines Expansion. Liberalisation of Air Transport in Asia/Pacific Shanghai, China 25 May 2005 Financing the Airlines Expansion Liberalisation of Air Transport in Asia/Pacific Shanghai, China 25 May 2005 Contents 1. Asia/Pacific Market Overview 2. Business Cycle 3. Airlines Credit Rating vs. Funding

More information

BUSINESS AVIATION MARKET OUTLOOK

BUSINESS AVIATION MARKET OUTLOOK BUSINESS AVIATION MARKET OUTLOOK Presented by: Michael Holland Manager mholland@icfi.com Aerospace Raw Materials Conference April 24, 2012 Pittsburgh, PA 0 Agenda Trends Driving Business Aviation Production

More information

SKYWEST, INC. ANNOUNCES THIRD QUARTER 2012 RESULTS

SKYWEST, INC. ANNOUNCES THIRD QUARTER 2012 RESULTS NEWS RELEASE For Further Information Contact: Michael J. Kraupp Chief Financial Officer and Treasurer Telephone: (435) 634-3212 Fax: (435) 634-3205 FOR IMMEDIATE RELEASE: November 7, 2012 SKYWEST, INC.

More information

AerCap Holdings N.V. April 11, 2015

AerCap Holdings N.V. April 11, 2015 AerCap Holdings N.V. April 11, 2015 Disclaimer Incl. Forward Looking Statements & Safe Harbor This presentation contains certain statements, estimates and forecasts with respect to future performance and

More information

THE SHIFTING LANDSCAPE for THE MAINTENANCE, REPAIR AND OVERHAUL MARKET

THE SHIFTING LANDSCAPE for THE MAINTENANCE, REPAIR AND OVERHAUL MARKET MERGERS & ACQUISITIONS PRIVATE CAPITAL STRATEGIC ADVISORY THE SHIFTING LANDSCAPE for THE MAINTENANCE, REPAIR AND OVERHAUL MARKET Aerospace, Defense & Government Services Report The Shifting Landscape for

More information

AIR TRANSPORT MANAGEMENT Universidade Lusofona January 2008

AIR TRANSPORT MANAGEMENT Universidade Lusofona January 2008 AIR TRANSPORT MANAGEMENT Universidade Lusofona Introduction to airline network planning: John Strickland, Director JLS Consulting Contents 1. What kind of airlines? 2. Network Planning Data Generic / traditional

More information

Winter is here: Intrepid s new boss speaks growth strategies

Winter is here: Intrepid s new boss speaks growth strategies Winter is here: Intrepid s new boss speaks growth strategies Intrepid s new CEO, Doug Winter, explains how the firm could expand. US aircraft lessor Intrepid Aviation (Intrepid) named Doug Winter as its

More information

,India MRO Aerospace & Defence Conference 2016

,India MRO Aerospace & Defence Conference 2016 2016 I n d i a s o n l y M R O Fo r u m Date : December 12 & 13, 2016 Venue : Pride Plaza, Aerocity, New Delhi,India MRO Aerospace & Defence Conference 2016 Background Note Supported by Association Partner

More information

Smart Parts. Smart Services. Key Advantages. Landing Gear Overhaul. Cabin System Components. Scheduled Labour. Unscheduled Labour

Smart Parts. Smart Services. Key Advantages. Landing Gear Overhaul. Cabin System Components. Scheduled Labour. Unscheduled Labour Smart Services Smart Services The Bombardier Smart Services cost-per-flight hour offering provides customers with peace of mind through budget predictability for aircraft parts and maintenance costs. It

More information

Update on IATA Activities Related to Paperless Aircraft Technical Operations

Update on IATA Activities Related to Paperless Aircraft Technical Operations Update on IATA Activities Related to Paperless Aircraft Technical Operations Dragos Budeanu Manager, Paperless Ops IATA SFO Elli Margeirsson Manager, Ops Efficiency IATA SFO Aircraft (re)delivery documents

More information

INVESTOR MEETING. CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus. Tom Enders Fabrice Bregier Harald Wilhelm PARIS AIRSHOW 2015

INVESTOR MEETING. CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus. Tom Enders Fabrice Bregier Harald Wilhelm PARIS AIRSHOW 2015 1 INVESTOR MEETING PARIS AIRSHOW 2015 Tom Enders Fabrice Bregier Harald Wilhelm CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus PATH TO ENHANCED VALUE 2 Healthy commercial aircraft market Transformation

More information

Gabelli Asset Management Aircraft Supplier Conference

Gabelli Asset Management Aircraft Supplier Conference Gabelli Asset Management Aircraft Supplier Conference Rob Gillette Aerospace President & CEO September 5, 2008 Forward Looking Statements This report contains forward-looking statements within the meaning

More information

Thales on the Civil Aerospace market

Thales on the Civil Aerospace market thalesgroup.com Innovation - Civil Aerospace - Defence Aerospace - Transportation - Defence - Security Thales on the Civil Aerospace market AT A GLANCE World n 1 in ATM, covering 40% of world s surface

More information

Flybe: Delivery and Future Direction

Flybe: Delivery and Future Direction Flybe Delivery and Future Direction Making Flybe Fit to Compete Update 23 May 2013 Agenda Context and Introduction Flybe UK - Making Flybe Fit to Compete Flybe Outsourcing Solutions Recap Conclusions and

More information

CONTACT: Investor Relations Corporate Communications

CONTACT: Investor Relations Corporate Communications NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces Second Quarter 2016

More information

Joe Randell President and Chief Executive Officer Jolene Mahody Executive Vice President and Chief Financial Officer

Joe Randell President and Chief Executive Officer Jolene Mahody Executive Vice President and Chief Financial Officer Joe Randell President and Chief Executive Officer Jolene Mahody Executive Vice President and Chief Financial Officer Nathalie Megann Vice President, Investor Relations and Corporate Affairs December, 2015

More information

Update on the Thameslink programme

Update on the Thameslink programme A picture of the National Audit Office logo Report by the Comptroller and Auditor General Department for Transport Update on the Thameslink programme HC 413 SESSION 2017 2019 23 NOVEMBER 2017 4 Key facts

More information

IBA Global Market Outlook May, 2017

IBA Global Market Outlook May, 2017 IBA Global Market Outlook May, 2017 Mike Yeomans, Head Analyst, Commercial Aircraft and Leasing, ISTAT Certified Aviation Appraiser IBA Group - UK Introduction Market Outlook Narrowbody Outlook Retirements

More information

Building procurement capability through transformation. Jane Harley, Chief Procurement Officer Qantas Group

Building procurement capability through transformation. Jane Harley, Chief Procurement Officer Qantas Group Building procurement capability through transformation Jane Harley, Chief Procurement Officer Qantas Group SECTION TITLE HERE Heading here Group multi-brand structure Australia & New Zealand Singapore

More information

ABX HOLDINGS, INC. Shareholders Meeting. May 13, 2008

ABX HOLDINGS, INC. Shareholders Meeting. May 13, 2008 Shareholders Meeting May 13, 2008 1 1 1 Safe Harbor Statement Except for historical information contained herein, the matters discussed in this presentation contain forward-looking statements that involve

More information

Airport Privatization:

Airport Privatization: Airport Privatization: Focus on Concessions Hemant Mistry Director, Global Airport Infrastructure and Fuel Dorian Reece Director, Government and Infrastructure, Deloitte During our AGM in Sydney last year

More information

SKYWEST, INC. ANNOUNCES THIRD QUARTER 2014 RESULTS

SKYWEST, INC. ANNOUNCES THIRD QUARTER 2014 RESULTS NEWS RELEASE For Further Information Contact: Investor Relations Telephone: (435) 634-3203 Fax: (435) 634-3205 FOR IMMEDIATE RELEASE: October 29, 2014 SKYWEST, INC. ANNOUNCES THIRD QUARTER 2014 RESULTS

More information

Key issues in Engine Leasing: The Lessor s perspective

Key issues in Engine Leasing: The Lessor s perspective Customized Competitive Air Finance Journal 19 September 2006, London Flexible Key issues in Engine Leasing: The Lessor s perspective Bruno Castola,Vice Vice-President Sales and Marketing,, SES Shannon

More information

Agenda: SASP SAC Meeting 3

Agenda: SASP SAC Meeting 3 Agenda: SASP SAC Meeting 3 Date: 04/12/18 Public Involvement Plan Update Defining the System Recommended Classifications Discussion Break Review current system Outreach what we heard Proposed changes Classification

More information

A UNIQUE OPPORTUNITY TO MEET LEADING MRO BUYERS IN AFRICA

A UNIQUE OPPORTUNITY TO MEET LEADING MRO BUYERS IN AFRICA CO-LOCATED WITH: DATE: MONDAY, 13TH - WEDNESDAY, 15TH MARCH, 2017 VENUE: EMPERORS PALACE, JOHANNESBURG, SOUTH AFRICA MRO AFRICA 2017 AIRCRAFT MAINTENANCE, REPAIR & OVERHAUL (MRO) IN AFRICA THEME: OPTIMISING

More information

MRO Asia 2012 Market Forecast and Key Trends

MRO Asia 2012 Market Forecast and Key Trends MRO Asia 2012 Market Forecast and Key Trends Presented by: David Stewart Head of Aviation and Aerospace EMEA david.stewart@icfi.com AVIATION WEEK - MRO ASIA Singapore, November 2012 0 Today s Agenda Economic

More information

Councillors Noble (Chair), Gollick and Worton. There were no declarations of pecuniary or non-pecuniary interests.

Councillors Noble (Chair), Gollick and Worton. There were no declarations of pecuniary or non-pecuniary interests. MEETING: Dearne Area Council DATE: Monday, 4 April 2016 TIME: 10.00 am VENUE: Meeting Room, Goldthorpe Library MINUTES Present Councillors Noble (Chair), Gollick and Worton. 43 Declarations of Pecuniary

More information

MRO Trends: Airbus update

MRO Trends: Airbus update MRO Americas 2011 MRO Trends: Airbus update New Standards. Together. Presented by Chris Reamy, Director, Services Solutions & Strategy Airbus update on A380 in-service maintenance experience A350XWB maintenance

More information

HY2, 2018 Perspective Aviation markets

HY2, 2018 Perspective Aviation markets HY2, 2018 Perspective Aviation markets Jochen Hörger, Managing Director of Aviation KGAL Investment Management GmbH & Co. KG RISING OIL PRICES FUEL DEMAND FOR NEW AIRCRAFT 2 At $50 per barrel, the price

More information

ALAFCO Aviation Lease And Finance Co. KSCC

ALAFCO Aviation Lease And Finance Co. KSCC Information MEMORANDUM ALAFCO Aviation Lease And Finance Co. KSCC Mr. Ahmad A. Alzabin Vice Chairman and Chief Executive Officer The 6th Forum for Listed Companies and Analysts Kuwait 20 May 2014 Core

More information

TRANSFORMATION. Briefing. Thai Airways International PCL. 5 February 2015

TRANSFORMATION. Briefing. Thai Airways International PCL. 5 February 2015 Thai Airways International PCL 5 February 2015 TRANSFORMATION Briefing Operating Environment Environment Changes SEA was Asia s hub Middle East emerging as the new World hub Longer range aircraft technology

More information

In-Flight Entertainment and Connectivity

In-Flight Entertainment and Connectivity In-Flight Entertainment and Connectivity In-Flight Entertainment and Connectrivity Boeing provides interior modifications that deliver the Boeing Edge, an advantage that results from the industry s largest

More information

IBA and Kim & Chang Aviation Seminar Seoul, Korea Wednesday 22nd March, 2017

IBA and Kim & Chang Aviation Seminar Seoul, Korea Wednesday 22nd March, 2017 IBA and Kim & Chang Aviation Seminar Seoul, Korea Wednesday 22nd March, 2017 Jonathan McDonald, ISTAT Certified Aviation Appraiser IBA - UK The market is still hot but returns are trickier to realise Maturity

More information

AirportInfo. Airport Operating Expenses

AirportInfo. Airport Operating Expenses AirportInfo Airport Operating Expenses November 2014 Overview of U.S. Enplanements, Revenues and Expenses Percentage Change from Base Year 2001 80% Enplanements Revenues Expenses 70% 60% 50% 40% 30% 20%

More information

Leases Implementation NOTICE

Leases Implementation NOTICE NOTICE DISCLAIMER. This document has been compiled by the IATA Industry Accounting Working Group (IAWG), which consists of senior finance representatives from IATA member airlines. This working group s

More information

HERItAGE & PREsENCE. AIRCRAft MANAGEMENt. twenty two locations. three i. i HAwkER PACIfIC

HERItAGE & PREsENCE. AIRCRAft MANAGEMENt. twenty two locations. three i. i HAwkER PACIfIC HAWKER PACIFIC four About us six HERItAGE & PREsENCE eight why HAwkER PACIfIC ten AIRCRAft sales HAWKER PACIFIC twelve fourteen AIRCRAft support AIRCRAft supplies sixteen AIRCRAft MANAGEMENt eighteen flight

More information

Delivering Transformative Growth. Dahlman Rose Global Transportation Conference September 8, 2011

Delivering Transformative Growth. Dahlman Rose Global Transportation Conference September 8, 2011 Delivering Transformative Growth Dahlman Rose Global Transportation Conference September 8, 2011 Safe Harbor Statement This presentation contains forward-looking statements within the meaning of the Private

More information

Fokker Technologies The Fokker mind, heart and soul

Fokker Technologies The Fokker mind, heart and soul Fokker Technologies Fokker Technologies The Fokker mind, heart and soul A deeper understanding that all parts of an aircraft are interconnected. Like the human body an aircraft is one, fully integrated

More information