Jetrader - Summer 2014 - (Page 14)

ISTAT Asia Focuses on Challenges, Opportunities of the Region Speakers at the fourth annual event indicate a strong demand for aircraft and a positive market sentiment in Asian region A As the first ISTAT Asia to take place in Hong Kong, the 2014 conference was a memorable event for the more than 360 attendees who were treated to presentations geared specifically to the challenges and opportunities of the Asian market. The event took place from 4-6 May at The Ritz-Carlton, Hong Kong. As in past years, a large portion of the crowd was first-time attendees (almost 50 percent), and 90 percent of the group said they would attend another ISTAT Asia conference, based on an on-site survey. Airline attendance was also very strong with several airlines in attendance. According to ISTAT Asia chairmen, David Swan, chief operating officer, SMBC Aviation Capital, and Steven Townend, deputy managing director and chief commercial officer (Europe, Americas, Africa), BOC Aviation, the committee's goal was to have a more Asiafocused agenda and speakers to differentiate the topics from those at other ISTAT events, such as the Japanese tax lease financing, the C919 Program by COMAC, financial market liquidity and the continued growth of Asian players. There were many new faces on stage, and each panel represented speakers from countries throughout the Asia Pacific region, including India, Japan, China and Australia. Adrian Mowat, M.D. and chief emerging market and Asian equity strategist, JP Morgan, presented the keynote speech, followed by a session introducing the conference location: "Hong Kong, A Leading Global Financial Centre" by Simon Galpin, director general, HK Invest. "Market sentiment from the stage and among the crowd was very positive," Swan said. "Demand for aircraft has definitely stepped up in the past year by both airlines and an increasing number of new entrant investors. There's a lot of funding liquidity, trading and financing of aircraft at the moment. Mid-life aircraft are also now more popular with investors." Consolidation in the leasing sector was another major topic of discussion at this conference. According to an on-site survey, 39 percent of the crowd answered that the most attractive investment today is mid-aged narrowbodies, while 24 percent chose new narrowbodies. Both the OEM panel and the appraisal panel featured edgy and active discussion, thanks to the excellent moderation and speakers supported by very active audience Q&A. Look for more photos from the event at ISTAT Asia Chairmen: Peter Huijbers, regional head of commercial - Asia Pacific, Hong Kong Aviation Capital; David Swan, chief operating officer, SMBC Aviation Capital; and Steven Townend, chief commercial officer (Americas, Europe and Asia) and deputy managing director, BOC Aviation Pte. Ltd. 14 The official publication of the International Society of Transport Aircraft Trading

Table of Contents for the Digital Edition of Jetrader - Summer 2014

Q&A: John Slattery
ISTAT Asia Focuses on Challenges, Opportunities of the Region
State of the Regions: Asia Pacific
Cape Town: Global Treaty Expands Thanks to Benefits Offered, Advanced Information Base
ISTAT Americas 2014
In Memory of Gilbert W. Speed
A Long Overdue Thank You
East Meets West in Istanbul
A Message from the President
ISTAT Foundation
Aviation History
Aircraft Appraisals
Advertiser Index

Jetrader - Summer 2014