Market Update Narrow bodies and transition management
|
|
- Meredith Hicks
- 6 years ago
- Views:
Transcription
1 Market Update Narrow bodies and transition management May 2016 Phil Seymour CEO Stuart Hatcher CIO
2 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 Technical & regulatory support and advisory Redelivery planning Maintenance reserves and DOC analysis Regular reporting around fleets & values
3 2016 Catch up Economic View Traffic Narrow body Market Rest of the year
4 2016 Qu2 Economic Views Oil volatility persists and pricing is becoming more sensitive to supply disruptions Canadian Wildfire, Libyan unrest, Saudi Oil Ministry change Chinese demand increase but for how long? Pricing maybe low now, but as oil discovery budgets have reduced from $95bn to $40bn, current supply could be hit hard within next 20 years! USD has been dropping, but signs of a return are apparent Oil/Gold/Stock v USD No absence of new investors continuing to pile into the space
5 Economic Outlook Signals Oil Interest Rates GDP World Trade USD Regional Forecast Europe North America China Latin America Asia Pacific World
6 Traffic Relationship has shifted Source: IATA
7 Pax Traffic remains steady Passenger traffic growth up at 7.9% in February, Whilst economic signals look poor for China, service industry business growth continues to hold. Once again, India remains on top. Fastest growing economy and >20% YOY growth and growing Domestic Japanese & Brazilian market remains under pressure. Russia recovered well in March after loss in January Source: IATA
8 The Impact on the Aviation Cycle Demand trends Pax traffic Freight traffic Yield Load Factors Supply factors Deliveries Parked Secondary market Economic life Orders
9 Single Aisle Points Slow orders for 2016 Oil may shift focus Fewer lessor orders with more bias towards operators that haven t bought yet Expect keener pricing from Boeing to steady 737MAX market share Availability Falling Storage Falling Lease Rates under pressure will leak into pricing Market remains liquid across all ages, but. At a price Sale & Leasebacks Sales with leases attached Lease Rate Factors OEM pricing Lease Term Lengths Extensions
10 Potential New Orders Airbus A320 family Operators Fleet Backlog AMERICAN AIRLINES CHINA EASTERN AIRLINES EASYJET CHINA SOUTHERN AIRLINES COMPANY AIRASIA JETBLUE AIRWAYS UNITED AIRLINES LUFTHANSA TAM - LINHAS AEREAS BRITISH AIRWAYS DELTA AIR LINES AIR CHINA AIR FRANCE LATAM AIRLINES GROUP INDIGO VUELING UNDISCLOSED TURKISH AIRLINES SICHUAN AIRLINES AIR CANADA 94 0 AEROFLOT RUSSIAN AIRLINES 87 0 SPIRIT AIRLINES ALITALIA 79 0 SHENZHEN AIRLINES 78 0 WIZZ AIR AVIANCA AIR INDIA 66 0 AIR BERLIN 65 3
11 Potential New Orders Boeing B737 family Operators Fleet Backlog Southwest Airlines Ryanair United Airlines American Airlines China Southern Airlines Delta Air Lines Air China GOL Transportes Aereos Hainan Airlines Xiamen Airlines Alaska Airlines WestJet Lion Air Shandong Airlines Shenzhen Airlines 86 7 Turkish Airlines SAS 85 0 Garuda Indonesia Virgin Australia COPA Airlines China Eastern Airlines Jet Airways Qantas 67 0 Shanghai Airlines 72 0 Norwegian Airlines
12 Other Considerations Single Aisle New generation engine technology reliability & reserve rates Economic life debate continues Premium of neo/max v ceo/ng Developing economic market softness Lease rate factors under pressure Shorter lease term economics Order bubble Lots of interior flexibility but will it lead to marginalised fleets Ramp ups on the way
13 Values & Rates Single Aisle A A A A320neo A320 Classics ER 737 MAX s 737 Classics
14 Other Asset Classes Turboprops Storage rising, regional distress, falling lease rates & values Regional Jets Storage rising, demand remains strong for specific types, a lot of new aircraft technology coming Twin Aisle Storage rising, A330 production line bridged, 777 still has some way to go. Softness in placing speculative orders challenged by low oil price. Appetite remains intact on financing for new deliveries to good credits Freighters Out of production large freighters still in turmoil, narrowbody demand rising
15 Economic Summary Economy weak growth on the horizon generally uneasy Traffic on the up, LFs holding steady, freight struggling Airlines great revenue for some, strong USD squeezing profits Developing economies dependant on oil airline bankruptcies ahead OEM Challenges: Ramp-ups, market share Lessors sales in the pipeline, falling LRFs, increasing competition & new accounting rules
16 Redeliveries Revisited
17 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.
18 Two years out MONTHS PRIOR TO AIRCRAFT REDELIVERY ACTIVITY INITIAL PHASE Confirmation of Lease Return PRE REDELIVERY PHASE Analysis of Redelivery Conditions MRO Selection (Lessee) Initial Meeting with Lessor Project Plan Cabin & Cargo Bays Inspection Preparation of Aircraft Records Preliminary Workpack Preliminary Engine & APU Borescope Inspections Final Workpack (Lessor approval) Pre Input Meeting with MRO REDELIVERY PHASE Maintenance Plan from MRO Perform Workscope (MRO) Aircraft Records Review Engines High Power Run Demonstration Flight Engine & APU Borescope Inspections Final Discrepancy List Commercial Resolution AIRCRAFT RETURN We rarely see redeliveries planned sufficiently in advance, yet when they are, they cost less and take up less time. 24 months ideal, from 15 months out, you risk the domino effect Getting lessees to engage early enough is the biggest issue
19 $1.65m It soon adds up and is increasing Engines General Components Fuselage, windows and doors Landing gear Corrosion Interior and carpet APU Costs fall into three areas: Redelivery planning: falling between cracks Maintenance planning: work to the lease, not the MPD Commerciality: the above two are OK, but the negotiation goes badly Wings & Empennage 100, , , , , ,000
20 The main culprits Engines/APU - $630k Always complex to assess, forecast and maintain given the myriad of variables Borescope, by definition, is invasive, can they be avoided? So what to do: Manage cycles and shop visits more strategically. Components - $260k Documentation is everything, yet we have never (that s right, NEVER, seen a full set, on time and acceptable to the lessor So what to do: Have tight control of the subcontracted component providers, to minimise downtime General - $500k Watch for catch-all and ambiguous terms: good, clean, etc Damage and old repairs can create need for rework and lead time for materials almost always delays redelivery if only identified at the redelivery check. Modifications without detailed acceptable source documents and certification. Back to Birth, PMA and DER So what to do: Plan better and that starts at the outset of the negotiations Fuselage, Windows and Doors - $195k Records vital again in relation to the fuselage condition More ambiguity again. Substantially free etc. Corrosion: Watch again for ambiguity and clauses above and beyond what may be required by the MPD/SRM So what to do: Replace components earlier if access is easy and monitor forceful life limitations terms
21 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.
22 Recent examples Cost Oh dear, late and High cost.. Ideal low cost / no delay The cost weren t high but practicalities of missing records caused delays Time
Airlines costs management
Airlines costs management May 2016 Phil Seymour - CEO Paul Lyons - Strategy Director Housekeeping Your Participation Open and close your control panel Join audio: Choose Mic & Speakers to use VoIP Choose
More informationAircraft 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 informationIntelligence 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 informationRisk 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 informationRisk 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 informationMID-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 informationMarket 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 informationAIRCRAFT 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 informationPRESENTED BY: AL WANG SENIOR MANAGER, FORECASTING & MARKET PLANNING
EXPERT INSIGHTS AND RELIABLE INFORMATION FOR THE AVIATION INDUSTRY 28th Annual Commercial Aviation Industry Suppliers Conference March 3-5, 2014 AIRCRAFT DELIVERY AND RETIREMENT FORECASTS PRESENTED BY:
More informationIBA 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 informationMRO 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 informationIATA 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 informationFLEET WATCH A review of commercial aircraft orders and deliveries for 2015
A review of commercial aircraft orders and deliveries for 215 AIRCRAFT ORDERS There were 2,684 commercial aircraft ordered during 215, data from Flightglobal s Fleets Analyzer shows. Together with 31 cancellations
More informationexecutive summary The global commercial aircraft fleet in service is expected to increase by 80% to 45,600 aircraft in 2033 including 37,900
executive summary The 2014 Flightglobal Fleet Forecast estimates that 36,820 new commercial jet and turboprop aircraft will be delivered into passenger and freighter airline service between 2014 and 2033.
More informationOrders and deliveries report
AIRFINANCE DEALS DATABASE Orders and deliveries report Q4 215 www.airfinancejournal.com/dealsdatabase BACKLOG OVERVIEW BACKLOG WORLD BACKLOG DISTRIBUTION BY ASSET CLASS 23.7% 16.9% 3.8% Regional 11% Turboprop
More informationSigns of a structural improvement in airlines financial health?
Signs of a structural improvement in airlines financial health? February 2016 Brian Pearce Chief Economist International Air Transport Association % growth in traffic and ROIC as % invested capital Structural
More informationAbout BBAM. Dublin. Zurich
About BBAM BBAM is a leading player in commercial aircraft leasing, financing and management providing over 200 airline customers in more than 50 countries with fleet and financing solutions over its 20+
More informationWinter 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 informationAir Transport MRO & PMA Market Forecast and Key Trends
Air Transport MRO & PMA Market Forecast and Key Trends Presented by: Michael Howard, Principal ICF SH&E michael.howard@icfi.com Gorham PMA Parts & DER Repairs San Diego, March 2013 0 Today s Agenda MRO
More informationJ.P. Morgan 2019 Global Emerging Markets Corporate Conference. Miami, February 2019
J.P. Morgan 2019 Global Emerging Markets Corporate Conference Miami, February 2019 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial
More informationMarket Outlook. Michael Warner, Director Market Analysis. Boeing Commercial Airplanes October October 7 10, 2012 Atlanta, Georgia, USA
Market Outlook Michael Warner Director, Market Analysis Boeing Commercial Airplanes October 2012 Agenda Aviation environment Current products Product strategy & development 2012 719 net orders through
More informationAviation Updates. Mr. John Schubert. Managing Director, Marketing-Asia Pacific & India
Aviation Updates Mr. John Schubert Managing Director, Marketing-Asia Pacific & India Market Update The statements contained herein are based on good faith assumptions are to be used for general information
More informationMRO 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 informationIATA 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 informationValuation 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 information01/2016. Main airlines traffic 2015 (1) RPK* (millions) /14 (% ) 1st quarter 16/15 (% ) Airlines
Main airlines traffic (1) Airlines RPK* (millions) AMERICAN AL GROUP 321 000 3,6 3,1 DELTA AIR LINES 303 100 4,0 3,2 UNITED HOLDING 295 500 2,6 0,5 EMIRATES AL 251 200 8,8 nd AIR FRANCE/KLM 235 700 2,8
More information2019 Airline Economics Growth Frontiers Dublin. Steven F. Udvar-Házy Executive Chairman
2019 Airline Economics Growth Frontiers Dublin Steven F. Udvar-Házy Executive Chairman January 21, 2019 Forward Looking Statements Statements in this presentation that are not historical facts are hereby
More informationMRO Market Update & Industry Trends
October 18-20, 2016 Amsterdam, Netherlands Presented by: Jonathan M. Berger Vice President Aerospace & MRO Advisory jberger@icf.com MRO Market Update & Industry Trends 0 Today s Agenda Bizarro Aviation
More informationWorldwide Fleet Forecast
Worldwide Fleet Forecast Presented to: Montreal June 6, 26 DAVID BECKERMAN Director, Consulting Services Agenda State of the Industry Worldwide Fleet Regional Jets Narrowbody Jets Large Widebody Jets Freighter
More informationFinancing 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 informationThe Continued Evolution of Commercial Operating Leasing
The Continued Evolution of Commercial Operating Leasing 18 th January 2017 Rob Morris, Global Head of Consultancy flightglobal.com/consultancy 1 Definitions Operating Leasing Fleet & Dynamics Competitive
More informationGregg Gildemann Market Analysis
Gregg Gildemann Market Analysis Boeing Commercial Airplanes 20 February 2018 The statements contained herein are based on good faith assumptions are to be used for general information purposes only. These
More informationSteve Hahn. Current Market Outlook. Director, Japan Enterprise Technology Programs. Boeing Commercial Airplanes July 2014.
Current Market Outlook 2015 Boeing Commercial Airplanes July 2014 The statements contained herein are based on good faith assumptions and are to be used for general information purposes only. These statements
More informationAirbus market forecast for India. Presented by Joost van der Heijden Head of Airline Marketing India, South-East Asia, Japan & Africa
Airbus market forecast for India Presented by Joost van der Heijden Head of Airline Marketing India, South-East Asia, Japan & Africa The Airbus product line A380 Family A350 Family A330 Family A320 Family
More informationBoeing Commercial Airplanes
May 2014 Investor Conference Boeing Commercial Airplanes Ray Conner President and Chief Executive Officer Boeing Vice Chairman May 21, 2014 Boeing Commercial Airplanes Strong operating performance Record
More informationHY2, 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 informationRandy Tinseth Vice President, Marketing Boeing Commercial Airplanes
Randy Tinseth Vice President, Marketing Boeing Commercial Airplanes June 2017. The statements contained herein are based on good faith assumptions are to be used for general information purposes only.
More informationAir 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 informationRetirements and Inductions How are Fleet Demographics Changing?
Retirements and Inductions How are Fleet Demographics Changing? Aviation Week Network: Aero-Engines Americas February 1, 218: Fort Lauderdale, USA TODAY S AGENDA Historic Commercial Air Transport Fleet
More informationALAFCO 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 informationALAFCO Aviation Lease And Finance Co. KSCC
Information MEMORANDUM ALAFCO Aviation Lease And Finance Co. KSCC Mr. Abulqasim Abdulghaffar Redha Acting Chief Executive Officer The 5th Forum for Listed Companies and Analysts Kuwait 20 May 2013 Why
More informationHappy Jetting. A Conversation With Dave Barger, President And Chief Executive Officer, JetBlue Airways, Page 14.
A MAGAZINE FOR AIRLINE EXECUTIVES 2009 Issue No. 2 Taking your airline to new heights Happy Jetting A Conversation With Dave Barger, President And Chief Executive Officer, JetBlue Airways, Page 14. 11
More informationRedelivery 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 informationMr. 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 informationGorham PMA Conference San Diego, CA March, 2016
Gorham PMA Conference San Diego, CA 21-23 March, 2016 Presented by: Michael J. Howard Principal ICF International mhoward@icfi.com PMA Forecast and Market Trends 0 Today s Agenda MRO Forecast Meet the
More informationDoric 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 informationTURBULENCE 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 informationtrends bulletin 07/2011 Main airlines traffic 1 s quarter 2011 Main low cost airlines
www.enac.fr Main airlines traffic 1 s quarter 2011 Airlines RPK* (millions) 2010** 10/09 (%) DELTA AIR LINES 310 900 2,2 1,3 UNITED / CONTINENTAL (1) 226 700-12,2-2,8 AMERICAN AL 201 900 2,5 1,6 AIR FRANCE-KLM
More informationIntroduction: Airline Industry Overview Dr. Peter Belobaba Presented by: Alex Heiter & Ali Hajiyev
Introduction: Airline Industry Overview Dr. Peter Belobaba Presented by: Alex Heiter & Ali Hajiyev Istanbul Technical University Air Transportation Management M.Sc. Program Network, Fleet and Schedule
More informationGlobal Market Forecast
Presentation by: Bob Lange SVP, Market & Product Strategy Global Market Forecast 2013-2032 Drivers for Growth Topics The Market Today & forecast (GMF) Airbus product response Air travel has proved to be
More informationAirline financial performance
Airline financial performance 30 March 2017 Brian Pearce Chief Economist, IATA www.iata.org/economics Airline Industry Economics Advisory Workshop 2016 1 The air transport paradox Source: McKinsey presentation
More informationIATA ECONOMICS BRIEFING
IATA ECONOMICS BRIEFING NEW AIRCRAFT ORDERS A POSITIVE SIGN BUT WITH SOME RISKS FEBRUARY 26 KEY POINTS 25 saw a record number of new aircraft orders over 2, for Boeing and Airbus together even though the
More informationJohn Schubert Managing Director Asia Pacific & India Marketing
John Schubert Managing Director Asia Pacific & India Marketing September 2017. The statements contained herein are based on good faith assumptions are to be used for general information purposes only.
More informationDubai Air Show The IBA Review. Summary of Orders by Segment. Summary of Orders by OEM
Dubai Air Show 2017 The IBA Review As the aviation industry continues to face critical challenges amidst rising costs and increased global political and economic volatility, the focus shifts to the Middle
More informationE-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 informationtrends bulletin
www.enac.fr Main airlines traffic 1 st quarter 2012 Airlines RPK* (millions) 11/10 (%) 12/11 (%) DELTA AIR LINES 310 228-0,2 1,0 UNITED HOLDING 292 520-1,7 0,1 AIR FRANCE - KLM 214 956 6,9 7,2 AMERICAN
More informationGrowing Horizons Global Market Forecast
Growing Horizons Global Market Forecast 2017-2036 John Leahy Chief Operating Officer, Customers Global Market Forecast 2017: Highlights World Fleet Forecast 2016 2036 RPK (trillions) 7.0 16.5 vs. GMF16
More informationCommercial aviation. Market outlook, key trends driving growth and implications for airports. Dave Gamrath BCA Marketing.
Commercial aviation Market outlook, key trends driving growth and implications for airports Dave Gamrath BCA Marketing June 2014 BOEING is a trademark of Boeing Management Company. Copyright 2014 Boeing.
More informationtrends bulletin
www.enac.fr Main airlines traffic 1 st quarter 2013 Airlines RPK* (millions) 12/11 (%) UNITED HOLDING 288 680-1,3-1,6 DELTA AIR LINES 271 808 0,7 1,7 AIR FRANCE - KLM 223 887 3,1 0,8 AMERICAN AL 203 299-0,1
More informationLogistics 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 informationAerCap Holdings N.V. Keith Helming Chief Financial Officer. Wachovia Securities Equity Conference June 23, 2008
AerCap Holdings N.V. Keith Helming Chief Financial Officer Wachovia Securities Equity Conference June 23, 2008 Forward Looking Statements & Safe Harbor This presentation contains certain statements, estimates
More informationGlobal Airline Trends and Impacts International Aviation Issues Seminar
Global Airline Trends and Impacts International Aviation Issues Seminar December 2017, Washington D.C. Oliver Lamb Managing Director 1 Around the world in 45 minutes Financial Performance Canada Mexico
More informationCommercial Aero-Engine Market Analysis & Update
Commercial Aero-Engine Market Analysis & Update Aviation Week Network: Engine Leasing, Trading & Finance May 2-3, 2018: London, UK COMPANY INTRODUCTION Alton Aviation Consultancy is a boutique consulting
More informationGECAS 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 informationIntroduction to Fleet Planning Dr. Peter Belobaba and Ali Hajiyev
Introduction to Fleet Planning Dr. Peter Belobaba and Ali Hajiyev Istanbul Technical University Air Transportation Management M.Sc. Program Network, Fleet and Schedule Strategic Planning Module 7: 29 March
More informationWorld & Regional Capacity Analysis Ali Hajiyev
World & Regional Capacity Analysis Ali Hajiyev Istanbul Technical University Air Transportation Management M.Sc. Program Network, Fleet and Schedule Strategic Planning Module 3: 28 March 2016 Global Copyright
More informationCOMMITMENTS OPTIONS LCC CARGO 2% BIZ/GOV 0.2% REGIONAL 6% MAINLINE 40% LESSOR 31% SHow briefing: paris air show %
Paris air show 2015 Despite pre-show suggestions that there would be less business, order commitments and options again passed the 1,200 mark at this year s Paris air show. Indeed, the order and option
More informationJohn Leahy Chief Operating Officer, Customers Airbus Annual Press Conference
John Leahy Chief Operating Officer, Customers Airbus Annual Press Conference 13 January 2014 A year of new industry records 2013 result Previous records Airbus records Airbus orders 1,619 gross 1,608 (Airbus
More informationResults for the Year Ended 30 th June Brett Godfrey Chief Executive Officer 21 August 2007
Results for the Year Ended 30 th June 2007 Brett Godfrey Chief Eecutive Officer 21 August 2007 New World Strategy Delivering RASK up 13.0% 10.02 CASK (underlying) up 2.6% 8.24 Net Profit up 92.9% $216M
More informationAIR 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 informationSeptember 2010 Brian Pearce To represent, lead and serve the airline industry
Cycle turns up but risks and structural challenges remain September 2010 Brian Pearce www.iata.org/economics To represent, lead and serve the airline industry Confidence was still high in July survey Airline
More informationINVESTOR 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 informationAirline Performance and Capacity Strategies Dr. Peter Belobaba
Airline Performance and Capacity Strategies Dr. Peter Belobaba Istanbul Technical University Air Transportation Management M.Sc. Program Network, Fleet and Schedule Strategic Planning Module 18 : 13 March
More informationI AO Chi h e i f E c E on o o n m o i m c i A na n ly l s y is i & P o P l o ilc i y y Se S ctio i n
Narjess Teyssier ICAO Chief Economic Analysis & Policy Section Montréal 29 September 2010 Content Data Trends Forecasts Impact on stakeholders Monitoring air transport development: Statistics, analysis
More informationAirlines across the world connected a record number of cities this year, with more than 20,000 city pair connections*
1 Airlines across the world connected a record number of cities this year, with more than 20,000 city pair connections*. This is a 1,351 increase over 2016 and a doubling of service since 1996, when there
More informationGlobal 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 informationCLINGING 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 informationFinnair Group Interim Report 1 January 30 June 2008
Finnair Group Interim Report 1 January 30 June 2008 1 08/08/2008 Presentation name / Author Airline industry at a historical turning point Fuel price has a stranglehold on the business Average ticket prices
More informationGECAS 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 informationcurrent market outlook
current market outlook Randy Tinseth Vice President, Marketing Boeing Commercial Airplanes June 2011 The statements contained herein are based on good faith assumptions and provided for general information
More informationPresentation 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 informationState of the Aviation Industry The North American Airport Perspective Marketing and Communications Conference
State of the Aviation Industry The North American Airport Perspective Marketing and Communications Conference June 22, 2011 Cleveland, OH Greg Principato, President ACI-NA Millions 2 U.S. Aviation Traffic:
More informationAerCap 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 informationAerCap 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 informationAncillary Revenue per Passenger for 2013 was $16, Up Nearly 129% from 2007
Contact: Jay Sorensen For inquiries: 414-961-1939 Jay @ IdeaworksCompany.com Ancillary Revenue per Passenger for 2013 was $16, Up Nearly 129% from 2007 2014 CarTrawler Yearbook of Ancillary Revenue by
More informationFY key data Passenger. Cargo. Maintenance. Other. Operating result in m. Revenues in bn -10.4% 78% 11%
Information meeting FY 2009-10 key data Revenues in bn Operating result in m 78% Passenger 16.3-13.6% -918 11% Cargo 2.4-27.8% -436 5% Maintenance 1.0-4.0% +81 6% Other 1.3-12 -10.4% 2 Our industry is
More informationWho will buy the C Series?
Who will buy the C Series? October 217 History of the program Airbus recently paid one Canadian dollar for a 5.1% stake in Bombardier s CSeries. This paper examines the addressable market for the aircraft.
More informationMeeting the Demand The Battle for Asia Pacific s Airspace
Meeting the Demand The Battle for Asia Pacific s Airspace The statements contained herein are based on good faith assumptions and are to be used for general information purposes only. These statements
More informationFacts & Figures. Non-US Airline Traffic Aircraft Data. Aircraft Values. US Consumer Complaints February US Fuel Cost And Consumption
Facts & Figures Aircraft Data Aircraft Values Aircraft E-190 CRJ900 RJ100 MTOW 105.4-114.2 80.5-84.5 97.5-101.5 Engine Types CF34-10E5 92; CF34-10E5A1 87; CF34-10E6 99; CF34-10E6A1 28; CF34-10E7 10 CF34-8C5
More informationNBAA 2015 MARKET UPDATE
NBAA 2015 MARKET UPDATE November 2015 Forward-Looking Statements 2 This report contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements,
More informationPREMIUM TRAFFIC MONITOR JANUARY 2014 KEY POINTS
Premium Pax, Million Economy Pax, Million PREMIUM TRAFFIC MONITOR JANUARY 14 KEY POINTS The number of passengers traveling in premium seats on international markets expanded by a solid 6.1% in January
More informationMarket Overview. John Griffiths Chief Economist Boeing Commercial Airplanes June Presented to: Port of Seattle
Market Overview John Griffiths Chief Economist Boeing Commercial Airplanes June 2008 Presented to: Port of Seattle Discussion items Business environment Global Economy Airline Environment Cycle dynamics
More informationAirbus. Tom Enders Airbus. 15 & 16 December 2011
Airbus Tom Enders Airbus Global Investor Forum Global Investor Forum 15 & 16 December 2011 Safe Harbour Statement 2 Disclaimer This presentation includes forward-looking statements. Words such as anticipates,
More informationRandy Tinseth Vice President, Marketing Boeing Commercial Airplanes July 2010
CURRENT MARKET OUTLOOK Randy Tinseth Vice President, Marketing Boeing Commercial Airplanes July 2010 BOEING is a trademark of Boeing Management Company. Copyright 2010 Boeing. All rights reserved. The
More informationAIRBUS H Roadshow Presentation. New York July 31 st, 2017
AIRBUS H1 2017 Roadshow Presentation New York July 31 st, 2017 H1 2017 HIGHLIGHTS 2 Healthy commercial aircraft environment; robust backlog of 6,771 a/c supports ramp-up plans H1 financials reflect delivery
More informationCommercial Aviation Sector Update. Doric Aviation Day. Rob Morris Global Head of Consultancy 9 th June 2016
Commercial Aviation Sector Update Doric Aviation Day Rob Morris Global Head of Consultancy 9 th June 2016 On the Menu.. Introduction to Ascend The Aviation Demand and Supply Cycles Aircraft Values A final
More informationtrends bulletin 07/2014 Actual and planned fleet* (April 2014) * Source : FG-Flightglobal / ENAC Air Transport Data
0/0 Actual and planned fleet* (April 0) AEROFLOT RUSSIAN AL AIR CANADA AIR CHINA AIR FRANCE Airbus A00 Airbus A000 Airbus A00 Airbus A000 Airbus A000 Airbus A000 Boeing 00 0 Boeing 00 0 Boeing 00 Boeing
More informationPREMIUM TRAFFIC MONITOR AUGUST 2015 KEY POINTS
PREMIUM TRAFFIC MONITOR AUGUST 2015 KEY POINTS Passenger travel on international markets was up 5.4% in August year-on-year, reflecting strong growth on the Within Europe travel market. Both travel classes
More informationMedia Release. Qantas Group Full Year 2017 Financial Result 1. Sydney, 25 August 2017
Media Release Qantas Group Full Year 2017 Financial Result 1 Sydney, 25 August 2017 Underlying Profit Before Tax: $1,401 million (second highest in Qantas history) Statutory Profit Before Tax: $1,181 million
More informationAmerican Airlines Group Inc.
American Airlines Group Inc. Bank of America Merrill Lynch 2018 Transportation Conference Derek Kerr Chief Financial Officer Cautionary Statement Regarding Forward-Looking Statements and Information This
More information