Agenda

Stream

With the ABS market spluttering back into life, this masterclass - led by Ishka's Head of Advisory, Eddy Pieniazek - will dive deep into the capital markets. Get a deeper understanding of the latest trends and developments around aviation ABS to find out what this means for investors.


This closed-door, invite only session. To register your interest, please contact team@ishkaglobal.com

招待客のみのクローズドセッションとなります。開催はIshka東京オフィスにて。ご関心ある方は、team@ishkaglobal.comまで。

Eddy Pieniazek
Head of Advisory, Ishka

Stream

Keep abreast of the changing market dynamics in aviation today. Led by Ishka's Advisory experts and backed by market insight from leading aircraft asset manager, Arena Aviation Capital.

Understand who are the winners and losers in aviation today? What does the next 6 months look like? Are midlife aircraft still a hot investment?


This closed-door, invite only session . To register your interest, please contact team@ishkaglobal.com (sold out)

招待客のみのクローズドセッションとなります。マーケット動向および航空機中古リース市場の概要や航空機投資の考え方などを議論します。(満席)

Eddy Pieniazek
Head of Advisory, Ishka
Patrick den Elzen
Chief Executive Officer & Founding Partner, Arena Aviation Capital

Stream

With strong credits and liquid assets, aviation can be a very appealing asset class. However, in order to mitigate the risks, a solid understanding of the market is required. Join Dynam Aviation as they give a candid masterclass dedicated to investors looking at investing in aviation today. Understand the risks, returns and the investment thesis for investors.


This closed-door, invite only investors session. To register your interest, please contact team@ishkaglobal.com

招待客のみのクローズドセッションとなります。航空機リース市場の概要や航空機投資の考え方、留意点等につき実例等を紹介しながら議論、意見交換を行い、投資家同士の情報交換、ネットワーク作りの場となり投資家様は必聴です。登録はteam@ishkaglobal.comまで。(投資家様オンリー)

Katsuhiko Ando
CEO, Dynam Aviation Ireland

Stream

This closed-door, invite only session will give investors a masterclass in the latest issues around aviation finance. It is a must attend for those looking to maximise returns and understand the technical nuances of this resilient asset class. To register your interest, please contact team@ishkaglobal.com

招待客のみのクローズドセッションでは、投融資家が航空ファイナンスに関連する最新のトピ ックについてマスタークラスを受講することができる。レジリエントな資産である航空機につ いて学ぶことでリターンを最大化したい投融資家にとっては必聴である。

Bobby Janagan
Chief Executive Officer, Rolls-Royce & Partners Finance
Susumu Kaminaga
President and Head of Business Development - Japan, Rolls-Royce
Ben Ferguson
SVP - Portfolio & Partner Management, Rolls-Royce & Partners Finance
Saahas Rauniyar
Chief Financial Officer, Rolls-Royce & Partners Finance
Keisuke Imon
Partner, Watson Farley & Williams

Stream

Ahead of the main event, this drinks reception is an opportunity to connect with fellow delegates from across the globe.

世界各国からのアビエーション仲間と交流する絶好の機会であるドリンクレセプションを前日 開催 !

Aviation Opportunities | Workshops

This year at Ishka Investing in Aviation Finance: Japan, we are working with leading industry partners to deliver a series of sessions that showcase the opportunities at the fringes of traditional aviation finance. Led by experts, these sessions will help you better understand the risk in some of aviation's more lucrative sectors.

Note: you must be registered in advance to attend these sessions. They are closed-door and interactive. To register your interest, please contact team@ishkaglobal.com

Marc Iarchy
Partner, World Star Aviation

Main Agenda

  • Airline marketing - How buoyant is demand? Where are the growth regions? Is air-freight demand still softening?
  • To what extent have supply chain issues been resolved? How long do the industry predict the aircraft supply shortage will last?
  • Balance sheets – how healthy are airline profit margins? Has high yield travel rebounded? 
  • Has MRO capacity improved? What are current wait and turnaround times? When are these likely to normalise?
Simon Goodson
Chief Executive Officer, AerFin
Wui Jin Woon
SVP Marketing & Corporate Finance, JP Lease
Vasuki Prasad
Marketing Director, APAC, Embraer
Moderator
Karen Wong
Head of Aircraft Leasing, Greater Bay Airlines

メインアジェンダ

  • エアラインマーケティング:需要は好調?成長地域は?
  • バランスシート:エアラインの健全な利益率とは?高収率の旅行は回復しているか?
  • サプライチェーン問題の解決度合いは?航空機供給不足はいつまで続くと予想されるか?
  • いまだキャパシティ問題は、どの程度エアラインの需給バランスを阻害しているのか?
  • MROスロット問題は改善したか?現在の待ち時間は?正常化するのはいつなのか?
  • 航空貨物需要は引き続き軟化傾向か?貨物機の入れ替えサイクルは間近?
Simon Goodson
Chief Executive Officer, AerFin
Wui Jin Woon
SVP Marketing & Corporate Finance, JP Lease
Vasuki Prasad
Marketing Director, APAC, Embraer
Moderator
Karen Wong
Head of Aircraft Leasing, Greater Bay Airlines

Main Agenda

  • Are lease rates increasing? Are these helping meet return requirements for investors? 
  • Fundraising: has investor appetite been sufficient for lessor fund raising efforts? 
  • Are more lessor M&As and portfolio acquisitions likely? Is anyone else going to exit the space? 
  • Understanding the impact of new leasing platforms on the market
Simon Hanson
Chairman, Asia Pacific & Middle East, Avolon
Diederik Lindhout
Chief Operating Officer & Founding Partner, Arena Aviation Capital
Anthony Snelleman
EVP & Region Manager, Asia, High Ridge Aviation
Sven Respondek
Head of Transaction Management, Investor Origination & Business Development, GOAL Aircraft Leasing
Moderator
Sean Hinze
SVP, Portfolio Manager, PIMCO

メインアジェンダ

  • リース料は上昇傾向?リターン要件を満たす投資家サポートの一助となっているか
  • 資金調達:レッサー出資に対する投資家意欲は十分か?
  • レッサーM&A、ポートフォリオ買収は増加するか?一方で撤退するプレイヤーは?
  • 新しいリースプラットフォームが市場に与える影響を理解する

Simon Hanson
Chairman, Asia Pacific & Middle East, Avolon
Diederik Lindhout
Chief Operating Officer & Founding Partner, Arena Aviation Capital
Anthony Snelleman
EVP & Region Manager, Asia, High Ridge Aviation
Sven Respondek
Head of Transaction Management, Investor Origination & Business Development, GOAL Aircraft Leasing
Moderator
Sean Hinze
SVP, Portfolio Manager, PIMCO

Main Agenda

  • Has the USD/Yen FX rate tempered demand among Japanese investors for aviation? 
  • What does this mean for current and future investor demand? What are return requirements? 
  • What are the routes to market for investors? How can investors include aircraft assets in their portfolios? Does this differ from debt investing?
Katsuhiko Ando
CEO, Dynam Aviation Ireland
Shintaro Ito
Chairman, Souseikai Group
Yoshifumi Sakuragi
SVP Marketing, PK AirFinance
Moderator
Saburo Koyama
Head of Aviation Finance, Natixis Tokyo Branch

メインアジェンダ

  • 米ドル/円の為替レートは、日本投資家の航空に対する需要を削ぐか?
  • 現在そして将来の 投資家需要にとって FX の意味することは?
  • この市場に投資家が参入するルートは?航空機資産をポートフォリオに組み入れる方法 とは?デッド投資とは異なるのか?

Katsuhiko Ando
CEO, Dynam Aviation Ireland
Shintaro Ito
Chairman, Souseikai Group
Yoshifumi Sakuragi
SVP Marketing, PK AirFinance
Moderator
Saburo Koyama
Head of Aviation Finance, Natixis Tokyo Branch

Aviation Opportunities | Workshops

今年のIshka Investing in Aviation Finance Japanでは、業界をリードするパートナーと共に、伝統的な航空機ファイナンスとは異なる投資機会に焦点を当てた幾つかのセッションを準備しました。

専門家によるこれらのセッションは、航空業界において経済性の良いセクターでのリスクを理解することに役立つでしょう。

招待客のみのクローズドセッションとなります。登録はteam@ishkaglobal.comまで

- 資産としてのエンジンを理解:航空機とはどの様に異なるのか?投資家の視点からエンジンの特徴とは?

- 航空機と比較し、エンジンは資産としてどの様なパフォーマンスを見せるのか?

- 今日、スペアエンジンに投資する最良の手段とは?


This year at Ishka Investing in Aviation Finance: Japan, we are working with leading industry partners to deliver a series of sessions that showcase the opportunities at the fringes of traditional aviation finance. Led by experts, these sessions will help you better understand the risk in some of aviation's more lucrative sectors.

Note: you must be registered in advance to attend these sessions. They are closed-door and interactive. To register your interest, please contact team@ishkaglobal.com

  • Understanding engines as an asset class: how does it differ to aircraft? What are the unique features of engines as an asset from an investor perspective?
  • How have engines performed as an asset class relative to aircraft?
  • What is the best means of investing into spare engines today? 

Hirotoshi Yamamura
Executive Consultant, Business Development, Willis Lease Finance Corporation

Main Agenda

Powered by Ishka’s Airline Credit Profiles, the panel of arrangers will examine a series of deals to determine what is required to get a JOL/JOLCO done. Given a baseline financing agreement and LTV, it will explore nuances in credit and asset analysis to give investors an understanding of what makes a good deal.  

  • With recoveries in airline financials in Asia, do investors have appetite for regional names? 
  • Would investors work with an older credit they’ve stopped dealing with since Covid? 
  • What do airlines need to know to work with Japanese investors? 
Hitoshi Seki
Director / Commercial Negotiation & Execution, iStrings
Keiichi Nakamura
Executive Director, FPG
Isamu Ueta
Head of Asset Management, SBI Leasing Services
Takeru Mifune
Head of Asset Finance Team, Sumitomo Mitsui Trust Bank
Moderator
Motonari Komatsu
Head of Aviation & Structured Finance, APAC, Societe Generale

メインアジェンダ

Ishka のエアライン分析ツールを活用し、アレンジャーによるパネルディスカッションを交えな がら、JOL/JOLCO 成立のためには何が必要か案件をベースに検証する。基本的な融資契約と LTV を前提に、与信と資産分析のニュアンスを探り、投資家にとっての良い取引は何かを議論す る。

  • アジア地域航空会社の財務が改善する中、投資家意欲は上昇するか?
  • パンデミック以来ディールが止まっていた航空会社へ投資家をサポートするレンダーは戻っているか?
  • 投資家の協力を得るためエアラインが理解しておく必要のある事とは?
Hitoshi Seki
Director / Commercial Negotiation & Execution, iStrings
Keiichi Nakamura
Executive Director, FPG
Isamu Ueta
Head of Asset Management, SBI Leasing Services
Takeru Mifune
Head of Asset Finance Team, Sumitomo Mitsui Trust Bank
Moderator
Motonari Komatsu
Head of Aviation & Structured Finance, APAC, Societe Generale

Main Agenda

    • Why invest in engines and not aircraft(returns, ease of repossession) 
    • Engine values and lease rate comparison
    • Understanding types of engines. How does new tech compare to current tech? 
    • Investor experience: Understanding returns spare engine investment. How do engine repossessions work in practice? 
Abdol Moabery
President & CEO, GA Telesis

メインアジェンダ

  • 航空機投資にかわりエンジン投資するワケ(リターン、売却の容易性)
  • エンジン価値とリース料比較
  • エンジン種類を理解する。次世代技術と現行技術比較。
  • 投資家の経験:エンジン投資のリターンを理解する。エンジンのリポセッションは実際どのように行われるのか?
    Abdol Moabery
    President & CEO, GA Telesis

    Main Agenda

      • Engine demand in context: When will demand for spare engines normalise? Who are the winners and losers?  
      • Understanding latest with New Gen engine teething issues. Has underperformance of new gen engines affect the retirement ages of CEOs and NGs?
      • What is the outlook for the spare engine market?
    Alex Vella
    Chief Executive Officer, Magnetic Leasing
    Bobby Janagan
    Chief Executive Officer, Rolls-Royce & Partners Finance
    Jeff Lewis
    Chief Executive Officer, Hanwha Aviation
    Marc Iarchy
    Partner, World Star Aviation
    Marc Cho
    Chief Investment Officer & President, LIFT - GA Telesis
    Moderator
    Abdol Moabery
    President & CEO, GA Telesis

    メインアジェンダ

    • エンジン需要の背景:スペアエンジン需要はいつ正常化するのか?勝者と敗者は?
    • 次世代エンジンに関する最新の課題を理解する 。次世代エンジンのアンダーパフォーマンスは、CEOやNGの退役年齢に影響を与えるか?
    • スペアエンジン市場の見通しは?
    Alex Vella
    Chief Executive Officer, Magnetic Leasing
    Jeff Lewis
    Chief Executive Officer, Hanwha Aviation
    Bobby Janagan
    Chief Executive Officer, Rolls-Royce & Partners Finance
    Marc Iarchy
    Partner, World Star Aviation
    Marc Cho
    Chief Investment Officer & President, LIFT - GA Telesis
    Moderator
    Abdol Moabery
    President & CEO, GA Telesis

    Aviation Opportunities | Workshops

    This year at Ishka Investing in Aviation Finance: Japan, we are working with leading industry partners to deliver a series of sessions that showcase the opportunities at the fringes of traditional aviation finance. Led by experts, these sessions will help you better understand the risk in some of aviation's more lucrative sectors.

    Note: you must be registered in advance to attend these sessions. They are closed-door and interactive. To register your interest, please contact team@ishkaglobal.com

    This one, hosted by AerFin, will examine the trends and opportunities, as well as challenges, in the Teardown and Used Serviceable Materials (USM) market.


    今年のIshka Investing in Aviation Finance Japanでは、業界をリードするパートナーと共に、伝統的な航空機ファイナンスとは異なる投資機会に焦点を当てた幾つかのセッションを準備しました。

    専門家によるこれらのセッションは、航空業界において経済性の良いセクターでのリスクを理解することに役立つでしょう。

    招待客のみのクローズドセッションとなります。登録はteam@ishkaglobal.comまで

    Steven Ades
    Chief Strategy Officer, AerFin

    Main Agenda

    • What is the size and growth trajectory of the regional aircraft market?
    • Understanding the range and risk of credits in the space
    • Asset overview: What are the options available for fleet planners and therefore investors?
    • Could regional aircraft investment meet the needs of Japanese investors? What would be needed to make that work?
    Mark Hughes
    Chief Commercial Officer, Falko
    Moderator
    Vasuki Prasad
    Marketing Director, APAC, Embraer

    メインアジェンダ

    • この分野におけるクレジットの範囲とリスクを理解する
    • 資産の概要:フリートプランナー、そしてさらに投資家にとって利用可能なオプションはどのようなものがあるのか?
    • リージョナル航空機投資は、日本の投資家ニーズを満たすことができるか?そのためには何が必要か?
    Mark Hughes
    Chief Commercial Officer, Falko
    Moderator
    Vasuki Prasad
    Marketing Director, APAC, Embraer

    Main Agenda

    • How/where are airlines sourcing financing currently? What are their requirements?
    • Analysing the advantages and disadvantages of various financing options for airlines
    • How competitive is the JOL/JOLCO market for airlines currently?  
    • How can new airlines enter the JOL/JOLCO market?  
    Michael Koish
    Chief Investment Officer, Challenge Airlines
    Mark Cezar
    Chief Financial Officer, Cebu Pacific
    Okan Baş
    SVP Finance, Turkish Airlines
    Moderator
    Hitoshi Kawabata
    Senior Manager, Marubeni

    メインアジェンダ

    • 航空会社は昨今どこで資金調達をしているのか?その要件とは?
    • マージンのタイト化レベルは?
    • 航空会社の各種資金調達手段におけるメリット/デメリットの整理
    • 航空会社にとっての JOL/JOLCO 市場の昨今の競争力レベル
    • 新しい航空会社は JOL/JOLCO 市場に参入できるのか?
    Michael Koish
    Chief Investment Officer, Challenge Airlines
    Mark Cezar
    Chief Financial Officer, Cebu Pacific
    Okan Baş
    SVP Finance, Turkish Airlines
    Moderator
    Hitoshi Kawabata
    Senior Manager, Marubeni

    Main Agenda

    This bespoke presentation from DBJ will give a long-term player's perspective on aviation fianance.

    Yuichi Yamamoto
    Co-Head of Global Aviation Team, Head of Americas and Capital Market, DBJ

    メインアジェンダ

    Yuichi Yamamoto
    Co-Head of Global Aviation Team, Head of Americas and Capital Market, DBJ

    Main Agenda

    • Are alternative lenders competing with banks? How do risk/return appetites differ? Have banks’ risk appetite’s changed given the tightness of the market?  
    • Are ECAs no longer a lender of last resort? Are they competing with traditional financiers? 
    • How do lenders view engines as collateral? 
    • Are banks more willing to finance midlife assets?  
    • Is there more appetite for insurance covered debt? Who is buying that paper? Are lessor lenders starting to compete with banks?  
    Eelco van de Stadt
    President, PK AirFinance
    Hanvit Kim
    Head of Corporate Finance Team 2, Korea Development Bank
    Ryo Hoshino
    Vice President, Global Aviation Team, Development Bank of Japan Inc.
    Jasper Tan
    Executive Director, Global Transportation, OCBC
    Charles Zhou
    Head of Aviation Finance, Natixis CIB
    Moderator
    Simon Collins
    Partner, Watson Farley & Williams

    メインアジェンダ

    • オルタナティブレンダーは従来の銀行と競合しているか?リスクとリターンに対する意 欲はどう違うのか?市場の逼迫を受け銀行のリスク選好度は変化したか?
    • はもはやラストリゾートではない?従来の金融機関と競合するのか?
    • レンダーはエンジンを担保としてどう見るか?
    • 中古機資産への融資に、銀行は積極的になりつつあるか?
    • 保険付きデッドに対する意欲は高まっているか?どのようなレンダーが購入するのか? レッサーとレンダーは競合し始めているか?
    Eelco van de Stadt
    President, PK AirFinance
    Hanvit Kim
    Head of Corporate Finance Team 2, Korea Development Bank
    Ryo Hoshino
    Vice President, Global Aviation Team, Development Bank of Japan Inc.
    Jasper Tan
    Executive Director, Global Transportation, OCBC
    Charles Zhou
    Head of Aviation Finance, Natixis CIB
    Moderator
    Simon Collins
    Partner, Watson Farley & Williams

    Aviation Opportunities | Workshops

    • How Impact's Milestones help aviation finance measure and score an operator or lessor's emissions progress
    • Case study using Impact's Milestones Concept

    Ulrike Ziegler
    President, impact
    Eduardo Mariz
    Sustainability Lead, Ishka

    Main Agenda

    • How is the industry going to meet its climate targets? 
    • What climate targets are financial institutions setting for aviation?  
    • Understanding the challenges of scaling SAF. How much more is needed?  
    • SAF, sustainable finance, disclosures, carbon pricing... what regulations are affecting aviation? 
    Ulrike Ziegler
    President, impact
    Tony Khan
    President, DHL Japan
    Fabrice Espinosa
    Founder & CEO, Asia SAF Association
    Moderator
    Eduardo Mariz
    Sustainability Lead, Ishka

    メインアジェンダ

    • 航空業界はどのように気候変動目標を達成しようとしているか?
    • 航空業界に対する金融機関の気候変動目標設定とは?
    • 市場規模の課題を理解する。市場の需要に必要な水準とは?
    • SAF、サステナブルファイナンス、情報開示、カーボンプライシング….航空業界に影響 を与える規制とは?
    Eduardo Mariz
    Sustainability Lead, Ishka
    Ulrike Ziegler
    President, impact
    Tony Khan
    President, DHL Japan
    Fabrice Espinosa
    Founder & CEO, Asia SAF Association

    Main Agenda

    • What is the new ESG framework for Nippon Life? What are the hurdles for entering asset finance as an insurance company?  
    • What does this mean for aviation players looking for investment? 
    • Understanding the Pegasus Principles and Impact’s methodology. How are financial institutions seeking to report and measure aviation portfolio emissions? 
    • Understanding hydrogen aircraft development
    Yasutoshi Miyamoto
    General Manager, Responsible Investment Strategy Office, Nippon Life
    Mari Yamazaki
    Vice President, Crédit Agricole CIB
    Clovis Peryer
    Principal, Peryer Law
    Moderator
    Kosuke Kanematsu
    Consulting Partner, ERM

    メインアジェンダ

    • 日本生命の新しい ESG フレームワークとは?保険会社としてアセットファイナンスに参 入するためのハードルとは?
    • 投資を検討するアビエーションプレイヤーにとって、ESGフレームワークは何を意味するのか?
    • ペガサス原則とインパクトの手法を理解する。航空ポートフォリオに対する金融機関の 排出量開示手法と測定方法
    • ケースからの教訓は、航空ファイナンスを検討する日本の投資家に適用できるか?
    • ゼロカーボン排出航空機の発展
    Yasutoshi Miyamoto
    General Manager, Responsible Investment Strategy Office, Nippon Life
    Mari Yamazaki
    Vice President, Crédit Agricole CIB
    Clovis Peryer
    Principal, Peryer Law
    Moderator
    Kosuke Kanematsu
    Consulting Partner, ERM

    Search results

    Stream

    With the ABS market spluttering back into life, this masterclass - led by Ishka's Head of Advisory, Eddy Pieniazek - will dive deep into the capital markets. Get a deeper understanding of the latest trends and developments around aviation ABS to find out what this means for investors.


    This closed-door, invite only session. To register your interest, please contact team@ishkaglobal.com

    招待客のみのクローズドセッションとなります。開催はIshka東京オフィスにて。ご関心ある方は、team@ishkaglobal.comまで。

    Eddy Pieniazek
    Head of Advisory, Ishka

    Stream

    Keep abreast of the changing market dynamics in aviation today. Led by Ishka's Advisory experts and backed by market insight from leading aircraft asset manager, Arena Aviation Capital.

    Understand who are the winners and losers in aviation today? What does the next 6 months look like? Are midlife aircraft still a hot investment?


    This closed-door, invite only session . To register your interest, please contact team@ishkaglobal.com (sold out)

    招待客のみのクローズドセッションとなります。マーケット動向および航空機中古リース市場の概要や航空機投資の考え方などを議論します。(満席)

    Eddy Pieniazek
    Head of Advisory, Ishka
    Patrick den Elzen
    Chief Executive Officer & Founding Partner, Arena Aviation Capital

    Stream

    With strong credits and liquid assets, aviation can be a very appealing asset class. However, in order to mitigate the risks, a solid understanding of the market is required. Join Dynam Aviation as they give a candid masterclass dedicated to investors looking at investing in aviation today. Understand the risks, returns and the investment thesis for investors.


    This closed-door, invite only investors session. To register your interest, please contact team@ishkaglobal.com

    招待客のみのクローズドセッションとなります。航空機リース市場の概要や航空機投資の考え方、留意点等につき実例等を紹介しながら議論、意見交換を行い、投資家同士の情報交換、ネットワーク作りの場となり投資家様は必聴です。登録はteam@ishkaglobal.comまで。(投資家様オンリー)

    Katsuhiko Ando
    CEO, Dynam Aviation Ireland

    Stream

    This closed-door, invite only session will give investors a masterclass in the latest issues around aviation finance. It is a must attend for those looking to maximise returns and understand the technical nuances of this resilient asset class. To register your interest, please contact team@ishkaglobal.com

    招待客のみのクローズドセッションでは、投融資家が航空ファイナンスに関連する最新のトピ ックについてマスタークラスを受講することができる。レジリエントな資産である航空機につ いて学ぶことでリターンを最大化したい投融資家にとっては必聴である。

    Bobby Janagan
    Chief Executive Officer, Rolls-Royce & Partners Finance
    Susumu Kaminaga
    President and Head of Business Development - Japan, Rolls-Royce
    Ben Ferguson
    SVP - Portfolio & Partner Management, Rolls-Royce & Partners Finance
    Saahas Rauniyar
    Chief Financial Officer, Rolls-Royce & Partners Finance
    Keisuke Imon
    Partner, Watson Farley & Williams

    Stream

    Ahead of the main event, this drinks reception is an opportunity to connect with fellow delegates from across the globe.

    世界各国からのアビエーション仲間と交流する絶好の機会であるドリンクレセプションを前日 開催 !

    Aviation Opportunities | Workshops

    This year at Ishka Investing in Aviation Finance: Japan, we are working with leading industry partners to deliver a series of sessions that showcase the opportunities at the fringes of traditional aviation finance. Led by experts, these sessions will help you better understand the risk in some of aviation's more lucrative sectors.

    Note: you must be registered in advance to attend these sessions. They are closed-door and interactive. To register your interest, please contact team@ishkaglobal.com

    Marc Iarchy
    Partner, World Star Aviation

    Main Agenda

    • Airline marketing - How buoyant is demand? Where are the growth regions? Is air-freight demand still softening?
    • To what extent have supply chain issues been resolved? How long do the industry predict the aircraft supply shortage will last?
    • Balance sheets – how healthy are airline profit margins? Has high yield travel rebounded? 
    • Has MRO capacity improved? What are current wait and turnaround times? When are these likely to normalise?
    Simon Goodson
    Chief Executive Officer, AerFin
    Wui Jin Woon
    SVP Marketing & Corporate Finance, JP Lease
    Vasuki Prasad
    Marketing Director, APAC, Embraer
    Moderator
    Karen Wong
    Head of Aircraft Leasing, Greater Bay Airlines

    メインアジェンダ

    • エアラインマーケティング:需要は好調?成長地域は?
    • バランスシート:エアラインの健全な利益率とは?高収率の旅行は回復しているか?
    • サプライチェーン問題の解決度合いは?航空機供給不足はいつまで続くと予想されるか?
    • いまだキャパシティ問題は、どの程度エアラインの需給バランスを阻害しているのか?
    • MROスロット問題は改善したか?現在の待ち時間は?正常化するのはいつなのか?
    • 航空貨物需要は引き続き軟化傾向か?貨物機の入れ替えサイクルは間近?
    Simon Goodson
    Chief Executive Officer, AerFin
    Wui Jin Woon
    SVP Marketing & Corporate Finance, JP Lease
    Vasuki Prasad
    Marketing Director, APAC, Embraer
    Moderator
    Karen Wong
    Head of Aircraft Leasing, Greater Bay Airlines

    Main Agenda

    • Are lease rates increasing? Are these helping meet return requirements for investors? 
    • Fundraising: has investor appetite been sufficient for lessor fund raising efforts? 
    • Are more lessor M&As and portfolio acquisitions likely? Is anyone else going to exit the space? 
    • Understanding the impact of new leasing platforms on the market
    Simon Hanson
    Chairman, Asia Pacific & Middle East, Avolon
    Diederik Lindhout
    Chief Operating Officer & Founding Partner, Arena Aviation Capital
    Anthony Snelleman
    EVP & Region Manager, Asia, High Ridge Aviation
    Sven Respondek
    Head of Transaction Management, Investor Origination & Business Development, GOAL Aircraft Leasing
    Moderator
    Sean Hinze
    SVP, Portfolio Manager, PIMCO

    メインアジェンダ

    • リース料は上昇傾向?リターン要件を満たす投資家サポートの一助となっているか
    • 資金調達:レッサー出資に対する投資家意欲は十分か?
    • レッサーM&A、ポートフォリオ買収は増加するか?一方で撤退するプレイヤーは?
    • 新しいリースプラットフォームが市場に与える影響を理解する

    Simon Hanson
    Chairman, Asia Pacific & Middle East, Avolon
    Diederik Lindhout
    Chief Operating Officer & Founding Partner, Arena Aviation Capital
    Anthony Snelleman
    EVP & Region Manager, Asia, High Ridge Aviation
    Sven Respondek
    Head of Transaction Management, Investor Origination & Business Development, GOAL Aircraft Leasing
    Moderator
    Sean Hinze
    SVP, Portfolio Manager, PIMCO

    Main Agenda

    • Has the USD/Yen FX rate tempered demand among Japanese investors for aviation? 
    • What does this mean for current and future investor demand? What are return requirements? 
    • What are the routes to market for investors? How can investors include aircraft assets in their portfolios? Does this differ from debt investing?
    Katsuhiko Ando
    CEO, Dynam Aviation Ireland
    Shintaro Ito
    Chairman, Souseikai Group
    Yoshifumi Sakuragi
    SVP Marketing, PK AirFinance
    Moderator
    Saburo Koyama
    Head of Aviation Finance, Natixis Tokyo Branch

    メインアジェンダ

    • 米ドル/円の為替レートは、日本投資家の航空に対する需要を削ぐか?
    • 現在そして将来の 投資家需要にとって FX の意味することは?
    • この市場に投資家が参入するルートは?航空機資産をポートフォリオに組み入れる方法 とは?デッド投資とは異なるのか?

    Katsuhiko Ando
    CEO, Dynam Aviation Ireland
    Shintaro Ito
    Chairman, Souseikai Group
    Yoshifumi Sakuragi
    SVP Marketing, PK AirFinance
    Moderator
    Saburo Koyama
    Head of Aviation Finance, Natixis Tokyo Branch

    Aviation Opportunities | Workshops

    今年のIshka Investing in Aviation Finance Japanでは、業界をリードするパートナーと共に、伝統的な航空機ファイナンスとは異なる投資機会に焦点を当てた幾つかのセッションを準備しました。

    専門家によるこれらのセッションは、航空業界において経済性の良いセクターでのリスクを理解することに役立つでしょう。

    招待客のみのクローズドセッションとなります。登録はteam@ishkaglobal.comまで

    - 資産としてのエンジンを理解:航空機とはどの様に異なるのか?投資家の視点からエンジンの特徴とは?

    - 航空機と比較し、エンジンは資産としてどの様なパフォーマンスを見せるのか?

    - 今日、スペアエンジンに投資する最良の手段とは?


    This year at Ishka Investing in Aviation Finance: Japan, we are working with leading industry partners to deliver a series of sessions that showcase the opportunities at the fringes of traditional aviation finance. Led by experts, these sessions will help you better understand the risk in some of aviation's more lucrative sectors.

    Note: you must be registered in advance to attend these sessions. They are closed-door and interactive. To register your interest, please contact team@ishkaglobal.com

    • Understanding engines as an asset class: how does it differ to aircraft? What are the unique features of engines as an asset from an investor perspective?
    • How have engines performed as an asset class relative to aircraft?
    • What is the best means of investing into spare engines today? 

    Hirotoshi Yamamura
    Executive Consultant, Business Development, Willis Lease Finance Corporation

    Main Agenda

    Powered by Ishka’s Airline Credit Profiles, the panel of arrangers will examine a series of deals to determine what is required to get a JOL/JOLCO done. Given a baseline financing agreement and LTV, it will explore nuances in credit and asset analysis to give investors an understanding of what makes a good deal.  

    • With recoveries in airline financials in Asia, do investors have appetite for regional names? 
    • Would investors work with an older credit they’ve stopped dealing with since Covid? 
    • What do airlines need to know to work with Japanese investors? 
    Hitoshi Seki
    Director / Commercial Negotiation & Execution, iStrings
    Keiichi Nakamura
    Executive Director, FPG
    Isamu Ueta
    Head of Asset Management, SBI Leasing Services
    Takeru Mifune
    Head of Asset Finance Team, Sumitomo Mitsui Trust Bank
    Moderator
    Motonari Komatsu
    Head of Aviation & Structured Finance, APAC, Societe Generale

    メインアジェンダ

    Ishka のエアライン分析ツールを活用し、アレンジャーによるパネルディスカッションを交えな がら、JOL/JOLCO 成立のためには何が必要か案件をベースに検証する。基本的な融資契約と LTV を前提に、与信と資産分析のニュアンスを探り、投資家にとっての良い取引は何かを議論す る。

    • アジア地域航空会社の財務が改善する中、投資家意欲は上昇するか?
    • パンデミック以来ディールが止まっていた航空会社へ投資家をサポートするレンダーは戻っているか?
    • 投資家の協力を得るためエアラインが理解しておく必要のある事とは?
    Hitoshi Seki
    Director / Commercial Negotiation & Execution, iStrings
    Keiichi Nakamura
    Executive Director, FPG
    Isamu Ueta
    Head of Asset Management, SBI Leasing Services
    Takeru Mifune
    Head of Asset Finance Team, Sumitomo Mitsui Trust Bank
    Moderator
    Motonari Komatsu
    Head of Aviation & Structured Finance, APAC, Societe Generale

    Main Agenda

      • Why invest in engines and not aircraft(returns, ease of repossession) 
      • Engine values and lease rate comparison
      • Understanding types of engines. How does new tech compare to current tech? 
      • Investor experience: Understanding returns spare engine investment. How do engine repossessions work in practice? 
    Abdol Moabery
    President & CEO, GA Telesis

    メインアジェンダ

    • 航空機投資にかわりエンジン投資するワケ(リターン、売却の容易性)
    • エンジン価値とリース料比較
    • エンジン種類を理解する。次世代技術と現行技術比較。
    • 投資家の経験:エンジン投資のリターンを理解する。エンジンのリポセッションは実際どのように行われるのか?
      Abdol Moabery
      President & CEO, GA Telesis

      Main Agenda

        • Engine demand in context: When will demand for spare engines normalise? Who are the winners and losers?  
        • Understanding latest with New Gen engine teething issues. Has underperformance of new gen engines affect the retirement ages of CEOs and NGs?
        • What is the outlook for the spare engine market?
      Alex Vella
      Chief Executive Officer, Magnetic Leasing
      Bobby Janagan
      Chief Executive Officer, Rolls-Royce & Partners Finance
      Jeff Lewis
      Chief Executive Officer, Hanwha Aviation
      Marc Iarchy
      Partner, World Star Aviation
      Marc Cho
      Chief Investment Officer & President, LIFT - GA Telesis
      Moderator
      Abdol Moabery
      President & CEO, GA Telesis

      メインアジェンダ

      • エンジン需要の背景:スペアエンジン需要はいつ正常化するのか?勝者と敗者は?
      • 次世代エンジンに関する最新の課題を理解する 。次世代エンジンのアンダーパフォーマンスは、CEOやNGの退役年齢に影響を与えるか?
      • スペアエンジン市場の見通しは?
      Alex Vella
      Chief Executive Officer, Magnetic Leasing
      Jeff Lewis
      Chief Executive Officer, Hanwha Aviation
      Bobby Janagan
      Chief Executive Officer, Rolls-Royce & Partners Finance
      Marc Iarchy
      Partner, World Star Aviation
      Marc Cho
      Chief Investment Officer & President, LIFT - GA Telesis
      Moderator
      Abdol Moabery
      President & CEO, GA Telesis

      Aviation Opportunities | Workshops

      This year at Ishka Investing in Aviation Finance: Japan, we are working with leading industry partners to deliver a series of sessions that showcase the opportunities at the fringes of traditional aviation finance. Led by experts, these sessions will help you better understand the risk in some of aviation's more lucrative sectors.

      Note: you must be registered in advance to attend these sessions. They are closed-door and interactive. To register your interest, please contact team@ishkaglobal.com

      This one, hosted by AerFin, will examine the trends and opportunities, as well as challenges, in the Teardown and Used Serviceable Materials (USM) market.


      今年のIshka Investing in Aviation Finance Japanでは、業界をリードするパートナーと共に、伝統的な航空機ファイナンスとは異なる投資機会に焦点を当てた幾つかのセッションを準備しました。

      専門家によるこれらのセッションは、航空業界において経済性の良いセクターでのリスクを理解することに役立つでしょう。

      招待客のみのクローズドセッションとなります。登録はteam@ishkaglobal.comまで

      Steven Ades
      Chief Strategy Officer, AerFin

      Main Agenda

      • What is the size and growth trajectory of the regional aircraft market?
      • Understanding the range and risk of credits in the space
      • Asset overview: What are the options available for fleet planners and therefore investors?
      • Could regional aircraft investment meet the needs of Japanese investors? What would be needed to make that work?
      Mark Hughes
      Chief Commercial Officer, Falko
      Moderator
      Vasuki Prasad
      Marketing Director, APAC, Embraer

      メインアジェンダ

      • この分野におけるクレジットの範囲とリスクを理解する
      • 資産の概要:フリートプランナー、そしてさらに投資家にとって利用可能なオプションはどのようなものがあるのか?
      • リージョナル航空機投資は、日本の投資家ニーズを満たすことができるか?そのためには何が必要か?
      Mark Hughes
      Chief Commercial Officer, Falko
      Moderator
      Vasuki Prasad
      Marketing Director, APAC, Embraer

      Main Agenda

      • How/where are airlines sourcing financing currently? What are their requirements?
      • Analysing the advantages and disadvantages of various financing options for airlines
      • How competitive is the JOL/JOLCO market for airlines currently?  
      • How can new airlines enter the JOL/JOLCO market?  
      Michael Koish
      Chief Investment Officer, Challenge Airlines
      Mark Cezar
      Chief Financial Officer, Cebu Pacific
      Okan Baş
      SVP Finance, Turkish Airlines
      Moderator
      Hitoshi Kawabata
      Senior Manager, Marubeni

      メインアジェンダ

      • 航空会社は昨今どこで資金調達をしているのか?その要件とは?
      • マージンのタイト化レベルは?
      • 航空会社の各種資金調達手段におけるメリット/デメリットの整理
      • 航空会社にとっての JOL/JOLCO 市場の昨今の競争力レベル
      • 新しい航空会社は JOL/JOLCO 市場に参入できるのか?
      Michael Koish
      Chief Investment Officer, Challenge Airlines
      Mark Cezar
      Chief Financial Officer, Cebu Pacific
      Okan Baş
      SVP Finance, Turkish Airlines
      Moderator
      Hitoshi Kawabata
      Senior Manager, Marubeni

      Main Agenda

      This bespoke presentation from DBJ will give a long-term player's perspective on aviation fianance.

      Yuichi Yamamoto
      Co-Head of Global Aviation Team, Head of Americas and Capital Market, DBJ

      メインアジェンダ

      Yuichi Yamamoto
      Co-Head of Global Aviation Team, Head of Americas and Capital Market, DBJ

      Main Agenda

      • Are alternative lenders competing with banks? How do risk/return appetites differ? Have banks’ risk appetite’s changed given the tightness of the market?  
      • Are ECAs no longer a lender of last resort? Are they competing with traditional financiers? 
      • How do lenders view engines as collateral? 
      • Are banks more willing to finance midlife assets?  
      • Is there more appetite for insurance covered debt? Who is buying that paper? Are lessor lenders starting to compete with banks?  
      Eelco van de Stadt
      President, PK AirFinance
      Hanvit Kim
      Head of Corporate Finance Team 2, Korea Development Bank
      Ryo Hoshino
      Vice President, Global Aviation Team, Development Bank of Japan Inc.
      Jasper Tan
      Executive Director, Global Transportation, OCBC
      Charles Zhou
      Head of Aviation Finance, Natixis CIB
      Moderator
      Simon Collins
      Partner, Watson Farley & Williams

      メインアジェンダ

      • オルタナティブレンダーは従来の銀行と競合しているか?リスクとリターンに対する意 欲はどう違うのか?市場の逼迫を受け銀行のリスク選好度は変化したか?
      • はもはやラストリゾートではない?従来の金融機関と競合するのか?
      • レンダーはエンジンを担保としてどう見るか?
      • 中古機資産への融資に、銀行は積極的になりつつあるか?
      • 保険付きデッドに対する意欲は高まっているか?どのようなレンダーが購入するのか? レッサーとレンダーは競合し始めているか?
      Eelco van de Stadt
      President, PK AirFinance
      Hanvit Kim
      Head of Corporate Finance Team 2, Korea Development Bank
      Ryo Hoshino
      Vice President, Global Aviation Team, Development Bank of Japan Inc.
      Jasper Tan
      Executive Director, Global Transportation, OCBC
      Charles Zhou
      Head of Aviation Finance, Natixis CIB
      Moderator
      Simon Collins
      Partner, Watson Farley & Williams

      Aviation Opportunities | Workshops

      • How Impact's Milestones help aviation finance measure and score an operator or lessor's emissions progress
      • Case study using Impact's Milestones Concept

      Ulrike Ziegler
      President, impact
      Eduardo Mariz
      Sustainability Lead, Ishka

      Main Agenda

      • How is the industry going to meet its climate targets? 
      • What climate targets are financial institutions setting for aviation?  
      • Understanding the challenges of scaling SAF. How much more is needed?  
      • SAF, sustainable finance, disclosures, carbon pricing... what regulations are affecting aviation? 
      Ulrike Ziegler
      President, impact
      Tony Khan
      President, DHL Japan
      Fabrice Espinosa
      Founder & CEO, Asia SAF Association
      Moderator
      Eduardo Mariz
      Sustainability Lead, Ishka

      メインアジェンダ

      • 航空業界はどのように気候変動目標を達成しようとしているか?
      • 航空業界に対する金融機関の気候変動目標設定とは?
      • 市場規模の課題を理解する。市場の需要に必要な水準とは?
      • SAF、サステナブルファイナンス、情報開示、カーボンプライシング….航空業界に影響 を与える規制とは?
      Eduardo Mariz
      Sustainability Lead, Ishka
      Ulrike Ziegler
      President, impact
      Tony Khan
      President, DHL Japan
      Fabrice Espinosa
      Founder & CEO, Asia SAF Association

      Main Agenda

      • What is the new ESG framework for Nippon Life? What are the hurdles for entering asset finance as an insurance company?  
      • What does this mean for aviation players looking for investment? 
      • Understanding the Pegasus Principles and Impact’s methodology. How are financial institutions seeking to report and measure aviation portfolio emissions? 
      • Understanding hydrogen aircraft development
      Yasutoshi Miyamoto
      General Manager, Responsible Investment Strategy Office, Nippon Life
      Mari Yamazaki
      Vice President, Crédit Agricole CIB
      Clovis Peryer
      Principal, Peryer Law
      Moderator
      Kosuke Kanematsu
      Consulting Partner, ERM

      メインアジェンダ

      • 日本生命の新しい ESG フレームワークとは?保険会社としてアセットファイナンスに参 入するためのハードルとは?
      • 投資を検討するアビエーションプレイヤーにとって、ESGフレームワークは何を意味するのか?
      • ペガサス原則とインパクトの手法を理解する。航空ポートフォリオに対する金融機関の 排出量開示手法と測定方法
      • ケースからの教訓は、航空ファイナンスを検討する日本の投資家に適用できるか?
      • ゼロカーボン排出航空機の発展
      Yasutoshi Miyamoto
      General Manager, Responsible Investment Strategy Office, Nippon Life
      Mari Yamazaki
      Vice President, Crédit Agricole CIB
      Clovis Peryer
      Principal, Peryer Law
      Moderator
      Kosuke Kanematsu
      Consulting Partner, ERM