www.engineleasingandfinance-europe.com MRO-network ENGINE LEASING, TRADING & FINANCE ENGINE MANAGEMENT STRATEGIES TO MAXIMISE ASSET VALUE 13-14 MAY 2015 / THE CUMBERLAND HOTEL, LONDON, UK JOIN THE CONVERSATION @MRONETWORK #ELTF ATTENDEE GUIDE Lead Sponsor: Sponsors: Supported by: Media Partners: Welcome Dear Delegate... On behalf of MRO Network, it gives me great pleasure to welcome you to London and the 2015 Engine Leasing, Trading and Finance conference. We appreciate your attendance at this event and I look forward to meeting all of you in person over the next two days. During this event, we will be taking an in-depth look at the engine leasing management sector and discussing the full breadth of issues from market forecasts to technical updates, with a keen emphasis on in-depth discussion and knowledge-exchange. You will hear from a wide range of speakers from across the finance, leasing, airline and MRO community, each offering expert insight into some of the most important market developments in their respective fields. Let me take this opportunity to thank all those speakers for their hard work and preparation in advance of the event. In the interest of frank and open discussion we have aimed to make the programme as interactive as possible, and I would therefore urge you to make the most of the opportunity to ask questions of our speakers throughout the event. Feedback is also important to us, so please feel free to share your views about any element of the event with our staff. In this delegate pack you will find the programme for the conference and a full list of attendees. Presentations for each session will be available to access after the event in PDF format and we will provide you with details of how to do this via email. We at MRO Network would like to thank our conference sponsors – our lead sponsor Engine Lease Finance Corporation, our sponsors AJW Aviation, CFM, IBA and Willis Lease and our supporter HEICO. Their kind support has been invaluable in helping put together what promises to be a fantastic event. Again, we appreciate you being with us today and hope you find it an enjoyable and valuable experience. If you have any questions or suggestions regarding this event please feel free to contact me or any of the MRO Network staff members. We welcome your thoughts, feedback and any recommendations for the future and please let us know if there is anything we can do to make your time here a more productive one. Kind regards. Connect with me... Juliet Trew Content Director MRO Network +44 207 975 1675 juliet.trew@mro-network.com uk.linkedin.com/pub/juliet-trew/0/156/58a WHO WILL YOU MEET THIS WEEK? @MRONetJuliet Take a look at the breakdown of attendees at the time this went to print: Attendees by Business Activity Attendees by Job Function Airline Associa,on / Trade Body Analyst Asset Manager Business Development Commercial Business Manager Consultancy Consultant IT / So7ware Engineering Director Leasing / Finance Director Finance Manager General Manager Leasing Maintenance Logis,cs Managing Director MRO President OEM Parts Supplier www.engineleasingandfinance-europe.com Partner Program Manager Project Manager Sales and Marke@ng Technical & Opera@ons Vice President The Global MRO Procurement Expo 26-28 May 2015, Olympia, London, UK FREE Long Standing History Register online today to join the entire airline supply chain Meet the Buyers Unbeatable Networking The leading commercial aviation aftermarket exhibition since 2003 Guarantees face-to-face airline introductions Dedicated formal & informal sessions to maximise value Attracts Decision Makers Meet with over Join over Every level of the global airline supply chain represented Platinum Sponsor: Gold Sponsors: 260 industry visitors exhibitors Silver Sponsor: 3,000 Bronze Sponsors: Supporter: Media Partners: Register to attend: www.apmexpo.com Conference Programme INTRODUCING YOUR 2015 CONFERENCE CHAIRS Tuesday 12th May 2015 14:30 – 17:00 Pre-conference Managing Maintenance Costs Workshop Sponsored by Jon Sharp President & CEO Engine Lease Finance Corporation Jon Sharp is President and Chief Executive Officer of Engine Lease Finance Corporation which he founded in 1989. ELFC is the world’s largest non-OEM aero-engine leasing company. Jon was Head of Marketing and Commercial of Rolls-Royce’s aero-engine Repair and Overhaul Business worldwide and was subsequently Managing Director of a major airframe and component maintenance company; he has served as a non-executive director on the Boards of Aerothrust Corporation in Miami and Aviation Industry Press in London. In September 2004, Mr. Sharp was presented by the Institute of Transport Management its Lifetime Achievement Award to “Honour his outstanding contribution to the air transport industry”. In February 2010 Mr. Sharp was made a Fellow of the Royal Aeronautical Society. This workshop, hosted by IBA and featuring speakers from their Asset Management, Technical and Consulting teams, will introduce and discuss engine maintenance costs and reserves and offer attendees the opportunity to debate the issues at hand and take-away vital information surrounding optimising planning workscopes and engine maintenance systems. The workshop will present attendees with a unique opportunity to understand the sources of engine maintenance requirements and the numerous external factors that can influence this process and will: • Investigate workscope planning guides • Review the role of the OEM in maintenance requirements • Analyse legacy verses LCC policies and the risks and rewards • How to manage shop visits, redeliveries and maintenance reserves effectively • Examine engine build options – use of PMA and DER - residual/lessor/financier concerns • Delve into external factors that impact costs such as harsh environments and engine de-rate Attendees will also walk away with materials and data to assist them in the day-to-day management of maintenance requirements including: WPG extracts, typical lease requirements and formulas and IBA basic data on intervals and costs for engines and APUs This workshop is included in the registration fee but has limited space and places will be allocated on a first come first served basis. Kane Ray, Senior Analyst, IBA Group Phil Seymour, President & COO, IBA Group 18:30 – 20:30 Welcome Drinks Reception Sponsored by Day One – Wednesday 13th May 2015 08:30Registration Sponsored by 09:30 Chairman’s Opening Remarks Jon Sharp, President & CEO, Engine Lease Finance Corporation Eddy Pieniazek Director Pieniazek Consulting 09:40 Market Overview • Engine fleet trends and commercial jet forecast • Capacity trends and their impact on asset value • Regional market comparison and industry dynamics • What is the competitive landscape? Where are the growth opportunities? Richard Evans, Senior Consultant, Ascend PANEL DISCUSSION: The Future of the Engine Market • What is the impact of new technology engines on the leasing industry in terms of value, 10:10 Eddy established his own company in 2013 to provide aviation industry-related advisory services and market analysis, primarily to companies that are involved in the ownership, financing, leasing, management and operation of aircraft. Prior to this, he developed and managed three of the industry’s most respected and forward thinking aviation data, consultancy and asset valuation businesses, AISL, Airclaims and Ascend. Eddy’s 30+ years’ experience in the aviation sector have included time as an Aircraft Appraiser, Analyst, Lecturer, Business Leader, Director, Board Member, Expert Witness and as an Advisor to Senior & Board Level Managements on many of the major aviation developments and aircraft transactions of the past 20 years. demand and financing of existing engines? When should lessors stop investing in current generation engines and switch to new programmes? • Evaluation the financial benefits of engines as an investment. Are programme payback timescales shortening? • Market size vs. appetite – there has recently been an influx of new entrants into the leasing industry, is there sufficient business available for these newcomers? • What parallels can be drawn to the aircraft leasing market? Are mergers and consolidations on the horizon? Julie Dickerson, Managing Director, Shannon Engine Support Bobby Janagan, General Manager, Rolls-Royce & Partners Finance Barrie O’Connell, Partner, KPMG Pascal Picano, Head of Global Marketing, Apollo Aviation Group Roger Welaratne, Senior Vice President Marketing, Asset Management Group, GECAS 11:10 Break for Refreshments 11:40 PANEL DISCUSSION: OEMs and the Leasing Industry – Impact on the Competitive Landscape • What effect are OEM maintenance agreements having on engine residual values and the appraisal process? • What risks do OEM flight hour agreements pose for lessors and are the OEMs addressing the lessor’s concerns? • What’s next for these FHA contracts and should airlines involved their lessors before signing up? What benefits do these types of agreements offer airlines? • How do you resolve the issue of maintenance reserves when an operator is bound by an OEM maintenance contract? • What impact are OEM parts programmes such as ‘‘Pure-V’ and ‘TRUEngine’ having on options for end-of life solutions? How are they influencing the value of older engines and what are the consequences for parts providers? Dan Coulcher, SVP & Chief Commercial Officer – EMEA, Willis Lease Finance Corporation Richard Goodhead, VP Marketing, Rolls-Royce Bob James, Managing Director, AerFin Paolo Lironi, CEO, SGI Aviation Brian Ovington, Director of Marketing, GE Aviation Day Two – Thursday 14th May 2015 08:30Registration Sponsored by 12:40Lunch Sponsored by 13:45 The Cape Town Convention as Applied to Aircraft Engines • A global update on the status of the Cape Town Convention • A look at practice issues affecting engine leasing and financing • Analysing the economic impact of the Cape Town Convention Keith Wilson, Head of Aircraft Finance, Partner, CMS UK 14:15 The Evolution of Spare Engine Support • An overview of the spare engine market and the solutions on offer to operators. • What is the demand for spare engine support and is this still mainly driven by shop visits or are other factors now influencing these spare engine decisions? • Is the dominance of OEM flight hour agreements generating any additional demand for spare engines and can non-OEM lessors access the spare engine requirements of airlines subject to FHAs? • What is the forecast for spare engine support on new engine types? Martin Friis-Petersen, Managing Director, MTU Maintenance Lease Services B.V. 14:45 PANEL DISCUSSION: End of the Road – The Parting Out Market • A look at how the parting out market has changed over recent years. What impact have new entrants had on the industry and how have partnerships, co-operations and acquisitions shaped the business? • Many players have expanded their business into this area – does more competition equal thinner margins? Are there too many companies in this area and will they all survive? • Is the market overheated and overstocked or is there still sufficient demand? Will there be a new wave of demand and what will be the influencing factors? • What is the future of the parting out industry? With MROs now operating in this area, will engines be sold direct to their shops and bypass the parts companies? • What is the outlook for financing this sector? Carl Glover, Vice President, AAR Aircraft Turbine Centre Eddo Weijer, VP Engine Transactions, GA Telesis Shane Tingey, Sales Director, AJW Aviation 15:30 Break for Refreshments 09:30 Chairman’s Opening Remarks Eddy Pieniazek, Director, Pieniazek Consulting 09:40 PANEL DISCUSSION: Financing the Aero-Engine Market • What is the investor appetite in the Aero-Engine market? Is the engine leasing market liquid enough and is the current leasing business model sustainable? • What are the key requirements for the diversification of the engine leasing market and what would attract more investors? • Forecasting the future - what funding strategies should be considered for new engine programmes and deliveries? Bobby Janagan, General Manager, Rolls-Royce & Partners Finance Bryson Monteleone, Principal, Tailwind Capital Roger Welaratne, Senior Vice President Marketing, Asset Management Group, GECAS Engine Leasing 10:30 Maintenance Management of Leased Assets • Conflicting interests of airlines, engine lessors, OEMs and MROs can make engine overhaul a complicated business. How should these conflicting interests be managed and communication and understanding be improved? • What are best practices for managing risks and costs when maintaining a leased asset? • How do you ensure that MRO work complies with lease return conditions for a smooth redelivery process? Dave Carr, SVP Materials Business, TES Aviation Group 11:00 Break for Refreshments AIRLINE CASE STUDY • Operator experiences of the leasing industry – highlighting the crucial 11:30 areas of concern and core challenges. • What are the key concerns for operators in spare engine support and financing? • How do airlines asses their engine leasing requirements and what factors determine the type of contract procured and supplier chosen? • How do airlines view the proliferation of OEM FHA agreements and the impact on the parts market? David Hygate, Regional Sales Executive, Delta Robert Parker, Director, Engine Maintenance & Planning, Air Canada 12:15 Leasing Trends in the Turboprop & Regional Jet Markets • Engine technical documentation requirements – what is needed and why? • Where is the industry in terms of the move to a paperless records environment and • What are the current market trends in turboprop and regional jet markets? • Where is there demand and how does this vary by region? • What is the state of the overhaul markets for these fleet types and where • Is a lack of standardisation for technical records detrimentally impacting the • What impact are new technologies having on this segment? 16:00 Technical Documentation Requirements for Leased Assets what initiatives have been put in place to try and speed up this process? industry and what is being done to try and make documentation more uniform? • What benefits does e-documentation bring in terms of efficiency, accuracy and traceability? Kieran McGann, Regional Sales Director, AerData B.V. 16:30 PANEL DISCUSSION: Innovations in Mature Engine Support • What advancements have there been in mature and sunset engine support in recent years? • How have OEMs, MROs and lessors changed their business model to support this market and what alternative solutions are now on offer? • What are the optimum strategies for managing a mature fleet of engines and how do you effectively look after your asset to end of life? Alistair Forbes, Acting Head of Customer Marketing - Services, Rolls-Royce Erik Goedhart, Senior Vice President Marketing & Sales, Middle East, Africa, Turkey, Central Asia, Kuehne+Nagel Brian Ovington, Director of Marketing, GE Aviation Derek Paterson, Director Sales – Europe, MTU Maintenance 17:30 Chairman’s Closing Remarks & Close of Day One 17:30 – 19:30 Networking Drinks Reception are there growth opportunities? Moderator: Bryson Monteleone, Principal, Tailwind Capital Lourens Geldenhuys, Project Director, Stratos Bill Polyi, President, Magellan Aviation Group 13:00Lunch 14:00 Legal Considerations for the Leasing Industry • Reviewing recent legal developments for the engine leasing community • An update on the Cape Town convention and impact on the industry. • Have legal changes brought simplification or over complexity to the industry? Paul Briggs, Partner, Bird & Bird 14:30 Engine Residual Values • An overview of residual values through engine lifecycle – exploring current pricing, value determinants and depreciation issues • Pros and cons of residual value insurance • What external trends and developments are impacting engine residual values and what risks does this pose for the industry? • What are future values predicted to look like and what will be the reasons for these trends? Phillip Bolt, Director, Bolt Advisory 15:00 Chairman’s Closing Remarks & Close of Conference Day Zero Workshop Tuesday, 12th May - 14:30 – 17:00 The pre-conference Managing Maintenance Costs Workshop will be hosted by members of IBA’s expert team, these include: Philip Seymour, President and Chief Operating Officer, IBA Group Limited Phil has close to 40 years’ experience working within Airline, Aircraft Maintenance, Aircraft and Engine Leasing and Consultancy businesses. Starting his career with BA in 1976 – Phil completed UK CAA aircraft maintenance engineer’s courses, ONC, HND and a Diploma in Management Studies, before moving to Saudi Arabian Airlines in Riyadh. Further moves to Dan-Air and Air Europe saw Phil move to technical services roles. He was also part of the team that set-up Ambassador Airways and Exxtor Group Aviation Services. Phil joined IBA in 1997. Experience of monitoring and negotiating Aircraft Maintenance Costs over the last 30 years has been a continual element of Phil’s professional career. Paul Brooker, Chief Technical Manager, IBA Group Limited Paul joined IBA in 2013 with 40 years’ experience in aircraft engineering, holding IEng, MRAeS, B1 and C Licensed Engineer qualifications. Paul is responsible for co-ordinating aircraft and MRO audits, surveys, and provides comprehensive aviation technical assistance. Previous experience includes Monarch Aircraft Engineering, BAE Systems, Aero Nusantara Indonesia and Malaysian ASA. Since joining IBA, Paul has been involved in maintenance cost analysis projects, focusing on both line and heavy events. He has also worked on projects to resolve disputes over costs associated with aircraft redeliveries between lessors and lessees. Kane Ray, Senior Aviation Analyst, IBA Group Limited Graduating from Loughborough University in 2011 with a BSc in Air Transport Management, focusing on Aviation Safety, Kane joined IBA in August of the same year. Specialising in the aero engine and component appraisal division, he was promoted to Senior Analyst in April 2013. Kane is currently responsible for the IBA Engine Values Book as well as all engine and component related appraisals and consultancy projects. He has recently enrolled as a member of ISTAT and will be representing IBA as an appraisal candidate for certification in the coming years.. Alan Miles, Director - Regulatory Services and Training, IBA Group Limited Alan apprenticed with Rolls-Royce gaining much experience in aircraft maintenance, technical records, planning and project management. Later he joined EAAC, establishing their JAR-145 approved Maintenance Company. He then held several senior positions within airlines and provided consultancy services focusing on leasing and operations. Joining IBA in 2006, Alan now heads up IBA’s training division. He is fully conversant with all relevant regulations and ‘best practice’, including the current EU-OPS-1 and Part-145 legislation as applied to maintenance issue and Part-M requirements for Continuing Airworthiness Management. Alan has considerable experience in negotiating contracts for aircraft and engine maintenance and has worked for several airlines on cost benchmarking exercises. Conference Speakers Phillip Bolt, Director, Bolt Advisory Principal at Bolt Steward Cable Ltd an FCA Regulated broker, Phillip has been a professional in the aerospace sector for 37 years. An economist, engineer and FCA Approved Person by formal training, he joined British Aerospace as an apprentice in 1977 and left as an Executive Director in 1999. In 2005 he left Willis Limited to set up his own companies, now specializing in asset and credit risk mitigation across the whole transportation and equipment finance sectors. With clients on all continents and having facilitated the transfer of over $5bn of aviation asset risk, he is currently providing Residual Value Insurance (RVI) through Ironshore Insurance Ltd on Aviation, Marine, Transportation and other assets. Paul Briggs, Partner, Bird & Bird Paul is the Joint Head of our International Aviation & Defence Group and is based in London. Having worked in the aviation industry since 1987, Paul’s career covers almost every aspect of the sector. From 1989 to 1991 Paul worked on closing and financing aircraft operating lease deals for GPA and from 1992 to 1995 for a law firm in Hong Kong. In 1995 Paul joined British Aerospace and became the legal lead of the Group aircraft leasing / financing business. As part of this business Paul helped set up Oasis Leasing in Abu Dhabi (now Waha Capital) and subsequently led the Airbus Asset Management legal team in Toulouse. Dave Carr, SVP Materials Business, TES Aviation Group Dave began his career in 1977 as a Royal Air Force aircraft apprentice of 130th Apprentice Entry. In June 2000, Dave joined TES as an Engine Program Manager delivering engine maintenance management services for Airlines, Lessors and Financiers. Since then, he has held positions as Engineering Team Leader and Engineering Manager, responsible for delivery of all TES consultancy services, Workshop Operations Manager accountable for all Part 145 maintenance activities, and Operations Manager where he was accountable for all maintenance, global warehousing, logistics and repair management activities. Dave moved to his current role in 2015 which sees him responsible for all repair management, purchasing and transactional sales. Dan Coulcher, SVP & Chief Commercial Officer ñ EMEA, Willis Lease Finance Corporation Dan joined Willis Lease in 2011 as Managing Director of Willis Mitsui & Co Engine Support. Willis Mitsui was founded in 2011 as a joint venture engine leasing company between Willis Lease and Mitsui & Co. Prior to joining Willis, Dan worked for Rolls-Royce and Partners Finance from 2003 firstly as Marketing Executive for EMEA before being promoted to Marketing Director in 2005 covering North and South America. He began his aviation finance career at Finova Capital in 1997 as New Business Analyst. Julie Dickerson, Managing Director, Shannon Engine Support Julie was appointed Managing Director of Shannon Engine Support (SES) in January 2013. SES is a wholly owned subsidiary of CMFi, and owns/services a portfolio of 200+ CFM engines. Julie is based in Shannon, Ireland. Julie has over 17 years’ experience in the aviation industry. She joined GECAS in 1996 as a Six Sigma Black belt and progressed through a number of roles prior to her last role in GECAS as SVP and General Manager GECAS Engine Leasing. Prior to that she worked for a retail bank in South Africa and 3M in the UK. Conference Speakers Richard Evans, Senior Consultant, Ascend Richard Evans is a Senior Consultant with Ascend Flightglobal Consultancy, where he is part of their 22 strong team. At Ascend, he applies his expertise working on advisory and valuations projects across the whole commercial aviation sector. He joined Ascend in 2014 after 27 years with Rolls-Royce. Most recently Head of Market Analysis, Richard is well known and widely respected for his informed industry views. He has published industry forecasts and provided analysis of major trends for both internal and external customers, as well as acting as a consultant for business improvement activities. Richard has frequently presented and chaired at international conferences. Alistair Forbes, Acting Head of Customer Marketing - Services, Rolls-Royce Alistair Forbes is responsible for the strategic marketing of Rolls-Royce’s comprehensive services portfolio for Trent and RB211 engines. This includes both long-term customer agreements such as TotalCare and event-based time and material and fixed-price overhauls. Alistair is also responsible for additional services such as on-wing care, LRU management and spare engine services. Prior to joining Rolls-Royce, Alistair flew reconnaissance and ground-attack jets in the Royal Air Force and spent several years in operational testing and development of Harrier and Typhoon systems and weapons. Alistair has an MBA from the University of Manchester and is a qualified systems engineer. Martin Friis-Petersen, Managing Director, MTU Maintenance Lease Services B.V. Martin Friis-Petersen (40) graduated from Copenhagen Business School with a M.Sc. in Economics and Business Administration, and further holds a Masterís degree from St. Gallen University. He started his career as a trainee with DaimlerChrysler Aerospace in 1998. Having held several commercial and strategic positions with MTU Aero Engines, in 2006 he became CFO of MTU Maintenance, a JV with China Southern Airlines. Martin returned to Germany in 2009 and joined MTU Maintenance Hannover as SVP Operations. Early this year he was appointed Managing Director of MTU Maintenance Lease Services B.V., a newly created JV between MTU and Sumitomo Corporation. Lourens Geldenhuys, Project Director, Stratos Lourens Geldenhuys is Project Director of Stratos, an independent financial advisory boutique specialising in commercial aircraft leasing and financing. Stratos is also active in aircraft sourcing and re-leasing and performs strategic fleet analysis as part of its comprehensive range of services to airlines, financiers and investors. Prior to joining Stratos, Lourens was employed by the Standard Bank Group for 12 years, most notably as Global Head of Asset Finance where he successfully arranged financing and provided corporate finance advice to numerous clients in challenging jurisdictions. Lourens is a qualified chartered accountant and holds a masters degree in corporate restructuring. He is based in London. Carl Glover, Vice President, AAR Aircraft Turbine Centre Carl joined AAR in 2000 in the capacity of Sales Manager within the Aircraft Turbine Center, responsible for inventory sales to operators, financial houses, lessors, OEM’s, MRO’s and various intermediaries. In 2004 Mr. Glover was promoted to Director Commercial Sales and further to VP Sales for the EMEA region for the Aviation Supply Chain group. Mr. Glover was recently promoted to the position of Vice President of AAR’s Aircraft Turbine Centre. In this expanded role, Mr. Glover has full oversight of the growing ATC division of AAR. This includes overseeing strategic & business level growth initiatives and P&L responsibility for the business in line with AAR Corp objectives. Erik Goedhart, Senior Vice President Marketing & Sales, Middle East, Africa, Turkey, Central Asia, Kuehne+Nagel Erik started his career in 1981 with NCR computers, serving in direct sales as well as marketing and business unit management functions. In 1993 he joined Fokker to be the VP Marketing and Sales for Fokker Aircraft Services, doing the maintenance and overhaul of Fokker aircraft as well as Boeing and military aircraft and helicopters. Erik was a key player in setting up the Fokker Services organization in 1996 after the Fokker aircraft manufacturer ceased to exist. In 2003 Erik started his own consultancy and advised Kuehne+Nagel resulting in becoming employed as the SVP Aerospace. Richard Goodhead, VP Marketing, Rolls-Royce Richard joined Rolls-Royce in 1990 as a sponsored undergraduate, undergoing an intensive yearís training in Derby before completing an Engineering degree at Cambridge University. After graduating, Richard worked in several engineering positions on the Tay and Trent Programmes, before spending several years in RollsRoyceís Aircraft Performance department. Richard has since moved into a more strategic position adopting a senior role within Rolls-Royce’s Civil Future Programmes team, principally responsible for setting longterm strategic direction for future products. In 2012, he was asked to restructure the customer-facing Marketing team which he now runs. Conference Speakers David Hygate, Regional Sales Executive, Delta An aerospace professional with over 40 years of experience of the industry, gained mostly with RollsRoyce. David has worked on forecasting, strategy and analysis of the civil market, relationship building and sales and marketing in the MRO business. He has lived and worked in the UK, France, USA and Japan. In the last few years he has worked with a variety of consultancies - principally TeamSAI - helping airlines and MROís develop their businesses and reduce their maintenance costs. He joined Delta TechOps in February 2014 to help develop Deltaís MRO business in Europe and the Middle-East. Bob James, Managing Director, AerFin Mr James founded AerFin Limited in September 2010 as a means to returning to aviation advisory and investment management. With an emphasis on aircraft engine commercial management of distressed assets, AerFin currently employs 15 staff engaged in a variety of projects concerning residual value realisation and exit strategy planning. Recent acquisitions include A340, B767s aircraft and CFM56, CF6 and RB211 engines. Mr James has also undertaken significant valuation projects in addition to analysis of point of sale engine service agreements. Bobby Janagan, General Manager, Rolls-Royce & Partners Finance Bobby Janagan is Vice President and General Manager of Rolls-Royce and Partners Finance Ltd (ìRRPFî), a Rolls-Royce plc - GATX Corporation joint-venture company. RRPF was established as a part of Rolls-Royce’s long-term after market strategy, which included the provision of long-term dedicated spare engine leases to both Rolls-Royce and IAE operators. Bobby Janagan joined RRPF in 1998 as a Management Accountant. In 1999, he became Product Development Manager for the Engine Leasing business where he played a key role in diversifying into the leasing of industrial gas turbines. In 2004, Bobby became Marketing Director for Asia and the Far East and in 2012 was promoted to Vice President and General Manager of RRPF. Paolo Lironi, CEO, SGI Aviation Paolo Lironi is SGIís CEO. He joined SGI in 2008, with more than 10 years of experience in commercial aviation. Mr. Lironi has a strong track record in aircraft leasing, contract negotiation, redeliveries, buyouts, and end-of-life scenario planning. His clients include financial institutions as well as large lessors and commercial airlines. Mr. Lironi advises clients on leasing, asset management, and planning issues, providing services such as brokering deals, lease portfolio analysis, cost forecasting, sale leasebacks, and the transfer of aircraft to new jurisdictions or lessees. Mr. Lironi also leads a team of engine specialists who assess, value, inspect, and manage engines on behalf of clients. Kieran McGann, Regional Sales Director, AerData B.V. Kieran McGann is the Regional Sales Director for EMEA, the Americas and Defence for AerData and has been with the company for over 2 years. Prior to joining AerData, Kieran was in Technical Records and Reliability Analysis at Air Contractors in Ireland and served in the U.S. Navy for 10 years as a Naval Flight Officer. Kieran has an Executive MBA from University College Dublin Michael Smurfit Graduate Business School, BA in Computer Science from Manhattan College and completing a Diploma in Aviation Leasing and Finance from The Law Society of Ireland. Bryson Monteleone, Principal, Tailwind Capital Bryson Monteleone joined Tailwind Capital in early 2008 with over 10 years’ experience of financing and appraising commercial aircraft. His primary responsibilities at Tailwind Capital are to source aircraft remarketing and acquisitions for Tailwind’s select group of clients, he was also heavily involved with Tailwind Capital’s conversion of CRJ Executive Jet aircraft. Currently, Bryson is sourcing opportunities for Tailwind’s equity fund clients who are looking to build their portfolios in the aviation sector. Bryson holds an MBA from American University and is an ISTAT Certified Appraiser. Barrie O’Connell, Partner, KPMG Barrie is Partner-in-charge of the KPMG Cork office and has been specialising in aviation and engine leasing since 2000. He has been involved in the provision of audit and other advisory services to a†wide variety of aviation finance clients, including a number of SEC registered companies and securitisation vehicles. Barrie specialises in the provision of IFRS, US and Irish Gaap advice in the aviation finance sector and has been involved in many capital markets transactions including Securitisations and S144a offerings. Barrie leads the Local China Practice team in KPMG Ireland and is Vice President of Cork Chamber of Commerce. Power to Spare — Worldwide With a diverse portfolio of over 200 commercial and regional engines, APUs, and aircraft conveniently located at major hubs across the globe, Willis Lease is your leader in global aviation support. CONTACT US TO: POOL • BUY • SELL • LEASE • EXCHANGE AOG 24/7 SUPPORT www.willislease.com +1.415.408.4769 Conference Speakers Brian Ovington, Director of Marketing, GE Aviation Brian Ovington is the Director of Marketing for GE Aviation Engine Services responsible for services and MRO strategy, product marketing, pricing, branding and promotion. In this role, he leads GE Aviation Services’ efforts to provide airline and MRO customers with winning service solutions including engine overhaul, materials, and customized service agreements. Before joining marketing, Brian held aviation services roles in customer contract management and commercial process improvement. Prior to that, Brian progressed through engineering roles in turbine design, product support, and powerplant systems engineering before joining services. Robert Parker, Director, Engine Maintenance & Planning, Air Canada Mr. Parker, presently Director-Engine Maintenance & Planning at Air Canada, has been associated with Aviation for over 40 years, primarily in the Aero Engine field. He started his career at Rolls-Royce Bristol Engine division. Since then, he has held various positions in Rolls-Royce Canada, Bombardier Aerospace and several major Canadian Airlines. He has gained experience in various areas of the business including: Development/Test, Repair/Overhaul, Operational Support and Engineering. In his most recent position at Air Canada, he is managing the MRO contracts for Engines and APUís to support Air Canada’s fleet of over 200 Wide & Narrow bodied aircraft. Derek Paterson, Director Sales — Europe, MTU Maintenance After graduating in 1988 from Heriot-Watt University with a honours degree in Mechanical Engineering Derek joined Rolls-Royce at their East Kilbride facility entering the Graduate Training Programme. During the next two years he moved through various engineering and customer support training positions prior to supporting the Adour military engine programme as a shop engineer. In the following years Derek moved up the organisation to Quality Assurance Manager, prior to heading up the V2500 Customer Business team. In 2006 Derek left Rolls-Royce to join MTU Maintenance Hannover, Germany. Pascal Picano, Head of Global Marketing, Apollo Aviation Group Mr. Picano joined AAG in 2013. He is based in Dublin, Ireland as global head of marketing. Mr. Picano has over 20 years of experience in aviation. Mr. Picano has held positions in sales and marketing for large and small companies across the sector, such as SAFRAN in France and China, Swissair Group in Switzerland, China and the U.S., Sumitomo Corp. in the Netherlands and ILFC in the Netherlands. Mr. Picano has been instrumental in originating and completing aircraft and engine transactions of all types around the world. Mr. Picano has diplomas from the Institut Superieur de Gestion (member of French Hautes Ecoles de Commerce) in Paris, France and UC Berkeley, USA. Bill Polyi, President, Magellan Aviation Group Bill began his career at Pratt & Whitney Canadaís Overhaul Shop managing parts purchasing and vendor repairs for PT6 turboprops as well as JT3, JT8, JT12 and JT15D turbofans. Ten years and a B.Comm later, he joined a small aftermarket supplier called Air/Ground Equipment Sales (AGES) which quickly grew to become an industry leader. As its Sr. Vice President, he managed a pool of over 150 PW100, JT8/JT9, PW4000, CF650/80 and RB211 engines. In 2000, Bill and some former AGES executives founded Magellan Aviation Group which today is a major aftermarket supplier specializing in the regional aircraft market with ATR, DASH8 and CRJ spares support and over 75 AE3007, CF34-3/-8, PW120 thru PW150A engines in its leasepool. Shane Tingey, Sales Director, AJW Aviation Tingey was appointed in January 2015 to bring his specialist industry experience to this crucial role. His diverse set of skills have been honed in a career that spans the aviation trade, repair management and the bigger corporate environment of Airbus. This broad view of the market, from a commercial and practical perspective, fits perfectly with the flexible and innovative business ethos of AJW. Tingey’s primary and initial focuses are AJW Aviation’s stock sales, brokered sales and exchanges across AJW’s diverse customer base. He is responsible for the Field Sales teams in all markets. Eddo Weijer, VP Engine Transactions, GA Telesis Eddo Weijer, has been with GA Telesis for 4 years. During the last three years he has been Vice President of Engine Transactions. In this position, he has been responsible for the management and growth of one of the largest inventory of jet engines. Prior to his current position, Eddo worked as Director of Business Development at Willis Lease. Eddo holds a Master’s Degree in Air Transport Management from Cranfield University and a BA in International Finance from Hanze University in The Netherlands. He has experience in aircraft appraising, and completed training courses at GE on Engine Line Maintenance and Technical Planning. Roger Welaratne, Senior Vice President and General Manager, GECAS Engine Leasing Roger joined GECAS in 2005 as the General Manager for GE Engine Leasing and†moved to his†current role in 2007. Prior to joining GECAS, Roger was the Managing Director at Shannon Engine†Support. Roger had joined SES in 1995 from Snecma where he held various positions at Engineering, Product Support and Sales Divisions. Roger holds a Masterís degree in Aeronautical Engineering from ENSICA Toulouse, France, and an MBA form University of Limerick, Ireland. Keith Wilson, Head of Aircraft Finance, Partner, CMS UK Keith represents banks, financiers, lessors and investors in relation to the acquisition, disposal, financing and leasing of aircraft, helicopters, aircraft engines and aircraft spare parts. He has twenty-five years of experience in aircraft finance and has represented clients across a wide variety of transactions including debt and capital market transactions, leasing transactions and portfolio acquisitions and sales. A number of the transactions on which Keith has worked have received industry recognition by way of awards. Representative transactions include several large engine leasing portfolio transactions and a number of major spare parts financings. Lead Sponsor Engine Lease Finance Corporation Contact: Title: Phone: Email: Website: Joseph W. O’Brien Executive Vice President - Sales +1 508 830 1722 joseph.obrien@elfc.com www.elfc.com Engine Lease Finance Corporation (ELF) is the world’s largest independent spare engine financing and leasing company, specialising in the provision of flexible, short to long-term spare engine support packages for the airline industry. Headquartered in Shannon, Ireland, ELF is owned by Mitsubishi UFJ Lease & Finance based in Tokyo. The ownership structure provides ELF with the underlying financing strength and stability required to satisfy the long-term financing needs of airlines and to meet the commercial challenges presented by today’s rapidly changing world markets. ELF provides extensive funding at favourable rates, therefore ensuring low cost flexible financing for the airline. This strength is most recently demonstrated by the addition of more than eighty engines from sale and leaseback and portfolio purchases worth more than $800 million since the beginning of 2011. ELF was founded in 1989 by its current CEO, Jon Sharp, with the purpose of satisfying the industry’s demand for a quality, truly independent, engine leasing company providing operating leases for modern aircraft engines to airlines world-wide. After twentyone successive years of profits and portfolio growth the company now owns and, or, manages approaching 300 engines worth more some $2bn. The current customer base includes more than 70 airlines and MRO organizations worldwide. ELF has served over 130 customers since its inception. ELF offers a comprehensive range of individually tailored financing and leasing-based products and services including: • • • • Short and Long Term Operating leases, Engine acquisitions and disposals, Sale and leasebacks, Engine and portfolio management services including remarketing of all engine types. In addition to its Shannon headquarters, ELF has sales and marketing representatives based in Boston, Shannon, London, Madrid and Singapore. Sponsors AJW Aviation Contact: Alun Roberts Title: Engine Leasing Manager Phone: + 44 1685 352757 Email: alun.roberts@ajw-aviation.com Website:www.ajw-group.com AJW Aviation is a world leading specialist in the supply, exchange, repair and lease of commercial aircraft spare parts including services in parts sales, loans and exchanges; power-by-the-hour and pool access; consignment stock; aircraft engines; consumable supplies; repair and inventory management; logistics and door-to-door freight management. AJW Technique is the global hub for AJW component repair and overhaul activities. Now EASA, TCCA/FAA, DGCA (Indonesia), DCA (Thailand) and ANAC (Brazil) approved, the facility offers extensive capability including; Avionics, Instruments, Electrical, IDGs, Pneumatics, Safety Slides, Hydraulics and Fuel Components. AJW Engines’ significant commercial portfolio offers integrated management solutions providing engineering services, aircraft engines for lease, and quality overhauled engine material to help operators minimise maintenance costs. The inventory also offers a wide range of sales opportunities. AJW Group companies are based out of London, Montreal, Miami, Dubai, Shanghai and Singapore with strategic aircraft spares stock held across the UK, Europe and North America. AJW provides sales and service support from a network of local offices globally, conducting business with more than 1,000 airlines in 115 countries. AJW offers 24/7 AOG, critical service excellence and the ability to provide guaranteed delivery from a significant core inventory, comprising over 450,000 line items valued at almost US$500m. REGISTER YOUR INTEREST TODAY! VISIT WWW.AEROENGINECONFERENCE.COM MRO-network AERO-ENGINES EUROPE 21-22 OCTOBER 2015 / PARIS CHARLES DE GAULLE AIRPORT MARRIOTT HOTEL, PARIS, FRANCE MRO EFFICIENCY AND TECHNOLOGY STRATEGIES TO MAXIMISE ENGINE LIFE Host Sponsor: Lead Sponsor: Sponsored by: EXCLUSIVE SITE TOUR Includes a site tour of AFI KLM E&M engine maintenance facilities Media Partners: Sponsors & Supporters CFM International Contact: Title: Phone: Email: Jamie Jewell Strategic Communication +1 513 552 2790 jamie.jewell@ge.com SNECMA Contact: Title: Phone: Email: Website: Giulia Lecarrié Strategic Communication +33 1 69 870929 giulia.lecarrie@snecma.fr www.cfmaeroengines.com About Snecma Snecma is part of Safran, an international high-technology group with three core businesses: aerospace, defence and security. Snecma designs, builds and sells propulsion systems for air and space, including a wide range of commercial engines that are powerful, reliable, economical and environmentally-friendly, led by the global best-seller CFM56 and the new-generation LEAP*. The company also makes world-class military aircraft engines, as well as rocket propulsion systems and equipment for satellites and launch vehicles. Snecma is a leading provider of maintenance, repair and overhaul (MRO) services for civil and military aircraft engines, under the new EngineLife® brand, offering comprehensive support for customers around the world. For more information, visit www.snecma.com and follow @Snecma on twitter * CFM56 and LEAP engines are produced and marketed by CFM International, a 50/50 joint company of Snecma (Safran), France and GE of the United States. About CFM International CFM International, a 50/50 joint company between Snecma (Safran) and GE, is the world’s leading supplier of commercial aircraft engines, with nearly 27,800 delivered to about 550 operators around the globe. For more information, visit us at www. cfmaeroengines.com or follow us on Twitter @CFM_engines. Heico Contact: Danielle Letendre Title: Executive Assistant/Marketing Coordinator Phone: +1 954 744 7579 Email: DLetendre@heico.com Website:www.heico.com HEICO Corporation is a successful and growing technology-driven aerospace, industrial, defense and electronics company. For more than 50 years, HEICO has thrived by providing customers with innovative and cost-saving products and services. HEICO’s products are found on large commercial aircraft, regional, business and military aircraft, as well as on a large variety of industrial turbines, targeting systems, missiles and electro-optical devices. HEICO parts can also be found in the Mars Curiosity Rover and onboard the robotic probe, Philae. HEICO Corporation is a New York Stock Exchange listed company (NYSE: HEI and HEI.A) and has been ranked as one of the 100 “World’s Most Innovative Growth Companies”, 100 “Best Small Companies” and 200 “Hot Shot Stocks” by Forbes. With headquarters in Hollywood, Florida, and multiple locations around the world - HEICO provides over 1 million square feet of design, manufacturing, repair, overhaul, distribution, sales and support capabilities. HEICO Corporation operates in two segments, the Flight Support group and the Electronic Technologies group. The Flight Support group designs, engineers, manufactures, repairs, distributes and overhauls FAA-approved parts that extend over the entire aircraft, from the engines all the way to hydraulic, pneumatic, electromechanical, avionic, structures, wheels and brakes and even interiors. The Electronic Technologies group produces electrical and electro-optical systems and components serving niche segments of the aerospace, defense, communications, and computer industries. International Bureau of Aviation Contact: Phil Seymour Title: President & CEO Phone: +44 1372 224 481 Email: phil.seymour@ibagroup.com Website:www.ibagroup.com Founded in 1988, the IBA Group has become one of the leading aviation consultancies in the world, focusing on commercial and technical issues in the global aerospace community. Headquartered in Leatherhead, near London in the UK, IBA is an independent organisation which provides impartial opinions and recommendations to their broad portfolio of clients, without any conflict of interest. IBA advises commercial and business aviation clients, aircraft and engine manufacturers, owners and operators. Services include asset valuations, consulting and commercial services, technical and engine management, services for corporate aircraft and owners, industry and sector research and analysis, training and regulatory services. IBA has a dedicated maintenance advisory team who provide expert independent analysis, maintenance forecasting and maintenance cost benchmarking. We provide detailed cost analyses on airframe, engine and parts costs supported by market intelligence. Willis Lease Contact: Charles Willis Title: Chairman & CEO Phone: + 1 415 408 4700 Email: cwillis@willislease.com Website:www.willislease.com Power to Spare — Worldwide® Better Solutions for Short- and Long-Term Leases Willis Lease has earned an industry-wide reputation for service, innovation, technical support and in-depth knowledge of commercial aviation. Our core business is leasing commercial aircraft engines to airlines, OEMs and MROs — worldwide. Along with short- and long-term leasing, we have developed and implemented strategic engine pooling programs which provide pool members with attractive benefits. We provide innovative leasing solutions to our customers. With one of the largest and most diverse portfolios of engines in the aviation industry, we can meet a wide range of customer technical and operating requirements. Quick responses to AOG emergencies illustrate how our worldwide team of dedicated professionals responds 24/7. Our experience, knowledge and leadership in engine leasing gives our customers a competitive advantage with Power to Spare — Worldwide®. Alongside a series of respected international events, MRO Network publishes a portfolio of leading aviation industry publications, complimented by news and analysis online. Official Media Partner Subscribe today for free and gain access to: AIRCRAFT TECHNOLOGY ENGINEERING & MAINTENANCE (ATE&M) Aircraft Technology, Engineering & Maintenance Renowned for presenting complex information in a highly readable format, ATE&M examines the latest trends and technologies in the commercial aircraft manufacturing and Dean O’Reilly MRO sectors. The bi-monthly magazine, includes a full news Media and Sponsorship Manager round-up, executive opinion interviews, regional focuses and the latest IT developments +44 (0) 207 975 1671for aviation. Contact: Title: Phone: Email: dean.oreilly@mro-network.com Website:www.mro-network.com DAILY NEWS ALERTS Aircraft Technology Engineering & Maintenance (ATE&M), published by MRO Network, has been covering the latest manufacturing The MRO Network daily newsletter keeps you informed advances and maintenance trends in fixed-wing commercial aviation for more than 20 years. ATE&M is renowned for presenting complex of the very latest in the commercial aviation sector, technical information in a clear andcommentary, easy-to readindustry format. news and recent featuring expert appointments for every working day of the week. The magazine is published six times per year, including a special supplement for the Farnborough or Paris air shows.ATE&M is truly global, with 44 per cent of its readership coming from North America, 34 per cent from Europe, and 22 pre cent from the rest of the world. WHO SUBSCRIBES TO THE MRO NETWORK? TOTAL BPA QUALIFIED CIRCULATION OF MANAGEMENT RANK COMPANY TYPE 10,000 (Source figures: Edition 127 December 2013/January 2014 ) Contact Us Senior Management 44% Middle Management 32% NonManagement 24% Editorial: Sarah-Jayne Russell sarah-jayne.russell@mro-network.com +44 (0) 207 975 1677 MRO’s & Overhaul Bases / plus those allied to the field: 47% Manufacturers: 7% Airlines and Aviation Services 46% Advertising: Dean O’Reilly dean.oreilly@mro-network.com +44 (0) 207 975 1671 Subscribe today to start receiving the latest MRO updates: mro-network.com/user/register Attendees Attendees Satish Philippe Jason Paul Jan Dharmesh Philip Pascal Paul Klaus Peter Derick Bechan Renata Dave James Poulain Rob Austin Ed Dan Michael Adrian Julie Robert Jeremy Richard Hakan Rob Alistair Bradley Martin Ingo Lourens Carl Erik Richard Sergii Stefan Thomas Juan Nigel Jared Richard David Paul James Masa Joe Bob Bobby Simon Chan Krishna Julian Orjan Ikumi Tomohiro Alan Robert Adam Tony Peter Christian Paolo David Chris Leo Ian Ammanath Archaud Auchinleck Baker Bockelmann Bodalia Bolt Boubel Briggs Broker Bryden Butler Carpenter Carpinteiro Carr Carroll Christophe Church Colfer Colleran Coulcher Davis Deasy Dickerson Duivis Edwards Evans Fedai Flowers Forbes Fox Friis-Petersen Gehrung Geldenhuys Glover Goedhart Goodhead Grytsenko Guignet Gysin Heredia-Escolano Hiorns Hippe Hough Hygate Hyland Istre Iwasaki Jacob James Janagan Jeffs Jiaqing Jonnalagadda Jordan Karhed Katayama Kawasoe Kehoe King King Kondo Koster Laughlin Lironi Louzado Luke Luppi Malin Deputy Director (Engg & Tech) Head of Operations Asset Management Asset Manager VP International Operations Assistant Director, Aerospace Finance Associate Director Director Engine Project Buyer Partner Lease Fleet Manager EBU Global Strategy Leader Sales Manager Lease Engine Executive Sales Manager SVP Materials Business Director, Business Development VP Commercial Strategy Business Development Head of Technical Services SVP Chief Risk Manager SVP & Chief Commercial Officer – EMEA MD Vice President Technical Managing Director Program Manager Vice President Senior Consultant Base Maintenance Representative Partner Acting Head of Customer Marketing - Services Associate Director Managing Director Head of Aviation Project Director Vice President Senior Vice President Aerospace VP Marketing Fleet Contracts Director AVP Valuation Head of Aircraft Engine Services Manager Procurement & Purchasing Engineering Director Commercial Business Manager EVP Technical Business Development Europe Line Maintenance Manager Engine Fleet Leader Manager Vice President - Technical Power Plant Managing Director General Manager Managing Director VP Technical & Operations Executive Director SVP Sales & Marketing Deputy Accountable Aviation Finance Dept Purchasing Engine Trading Manager Director Director, Engine Leasing VP, Sales & Marketing Managing Director Research Analyst CEO Principal Vice President Director Maintenance Treasurer, Director and Chief Investment Officer National Air Services (NAS) Airbus British Airways NTE AVIATION, LLC Erste Group Bank AG Lloyds Banking Group Bolt Advisory Air France Bird & Bird LLP TES Aviation Group UTC Aerospace Systems JMV Aviation TES Aviation Group TAP Maintenance & Engineering TES Aviation Group Jet Support Services, Inc. (JSSI) CFM International Chromalloy Lufthansa Technik Engine Lease Finance Corporation Willis Lease Finance Corporation Midair SA BBAM Aviation Services Limited Shannon Engine Support Ltd KLM Royal Dutch Airlines Royal Aero GmbH Ascend Flightglobal Consultancy Pegasus Airlines Atalaya Capital Management LP Rolls-Royce Lloyds Banking Group MTU Maintenance Lease Services B.V. LHI Leasing GmbH Stratos AAR Engine Parts Group Kuehne+Nagel Management AG Rolls-Royce plc Ukraine International Airlines Aircastle Advisor LLC Santos Dumont Germania Fluggesellschaft mbH Atlantic Airlines UTC Aerospace Systems Engine Lease Finance Corporation Delta TechOps CAE Parc Aviation Farnair Mitsubishi Corporation International (Europe) Plc Acumen Aviation AerFin Limited Rolls-Royce & Partners Finance Orange Aero Transportation Partners Pte Ltd CFM International Engine Lease Finance Corporation Smart Cargo S.A. Century Tokyo Leasing Corporation Japan Airlines AerSale Aviation Lloyds Banking Group Pratt & Whitney Sumisho Aero Engine Lease B.V. Smart Cargo S.A. Bernstein SGI Aviation ICF International AeroTurbine Farnair AJW Group Attendees Denise Mangan-Fahy George Mang’uro Jags Matharoo Seiichi Matsushita Tatjana Mayer Michael McCormack Neil McCrossan Kieran McGann Chris Monks Bryson Monteleone John Moore Yoshihiro Nakajima Ryo Nakamura Auvinash Narayen Tobias Neumann BarrieO’Connell Ippei Okamura Tatsu Okazaki Atac Oruc Dean Osborne Hong Ouyang Brian Ovington Robert Parker Derek Paterson Steve Pattison Richard Peart Joan Philippe Simon Phippard Pascal Picano Edward Pieniazek Bill Polyi Lothar Ratei Kane Ray Willie Reilly Michael Reisenleutner Thomas Reske Chris Richard OisinRiordan Peter Rippel Alun Roberts David Rushe Frank Rustemeier Steffen Schmittner Mohamed Serrag Phil Seymour Jon Sharp Patrick Sherrington Thomas Sibard Armelle Silly Adil Slimani Ralf Süßer Paul Tattersall Carrie Thomas Boris Tiemann Kevin Tighe Shane Tingey Karl Trowbridge Jayakrishnan Vadakke Ezhuthassanveettil Andrea Vassallo Darko Virovac Peter Weidmann Eddo Weijer Roger Welaratne Mark Weller Matthew White John Whitty SVP Portfolio Planning & Operations Manager-Propulsion Finance Manager SVP Office of the Chairman Transaction Manager Risk Analyst Director Regional Sales Director Vice President Powerplant Director Administration and Accounting Vice President AVP Office of The Chairman Head of Acquisitions and Leasing Engine Lease Services Partner Manager Aircraft Sales Director & Chairman of the Board Engineering Manager - Powerplant VP Sales Program Mgr, V2500 Asset Mgmt & Strategy Director of Services Marketing Director, Engine Maintenance & Planning Director, Sales - Europe Principal Engine Technical Manager Project Manager Of Counsel Head of Global Marketing MD President & CEO Director Senior Analyst Powerplant Manager Postholder Maintenance Director Propulsion Systems Commercial Manager - Lessors Analyst Technical Director Engine Leasing Manager Sales and Marketing Mananger - UK & Western Europe VP Sales & Marketing Analyst Aviation Consultant President & COO President & CEO Head of Corporate Asset Finance Vice President of Sales - Europe Engine Shop Project Buyer Asset Manager Director Adviser Senior Manager Engine Leasing Assistant Vice President Director, Aerospace Finance Sales Director AJW Aviation Senior Vice President Group Chief Procurement Officer Maintenance Contracts Manager Director Maintenance & Engineering Head of Strategic Procurement, Engine Leasing and Licensing VP Engine Transactions SVP & GM GECAS Engine Leasing SVP Sales & Marketing Director Engine Trading Technical Director GEEL Kenya Airways Etihad Airways Engine Lease Finance Corporation LHI Kapitalverwaltungsgesellschaft mbH Engine Lease Finance Corporation Castlelake (UK) LLP AerData AWAS Tailwind Capital, LLC GSI Engines Century Tokyo Leasing Corporation Engine Lease Finance Corporation AerFin Ltd Lufthansa Technik AERO Alzey GmbH KPMG JALUX Inc. Willis Mitsui & Co Engine Support Limited Onur Air Nordic Aviation Capital Pratt & Whitney GE Aviation Air Canada MTU Maintenance Hannover GmbH SP Aviation Advisors British Airways CFM Materials Bird & Bird LLP Apollo Aviation Group Pieniazek Consulting Magellan Aviation Group GSI Engines IBA Group Limited Santos Dumont Germania Fluggesellschaft mbH Deutsche Lufthansa AG Rolls-Royce Corporation BBAM AIR CARGO GLOBAL s.r.o. AJW Leasing Magellan Aviation Group Royal Aero GmbH KfW IPEX-Bank GmbH ALAFCO IBA Group Limited Engine Lease Finance Corporation Lloyds Banking Group Willis Lease Finance Corporation Air France CASCO GSI Engines Greenwich Highland Aviation SR Technics Switzerland Ltd. KfW IPEX-Bank GmbH Erste Group Bank AG AJW Aviation AeroTurbine National Air Services (NAS) Vueling Airlines SA Croatia Airlines SR Technics Switzerland Ltd. GA Telesis GECAS Engine Lease Finance Corporation AerSale Aviation Acumen Aviation Argentina • Brazil UK • UAE • Malaysia New Zealand • Mauritius Ireland •Seychelles • Vietnam Malaysia • Indonesia • India • Malta France • Jamaica • Greenland • Iceland UK • Germany • Poland • Sweden • Finland USA • Korea • Philippines • China • Hong Kong Jordan • Tanzania • Namibia • Italy • Bahrain • Holland Hungary • Mexico • Chile • El Salvador • Turkey • Norway USA • Brazil • Jordan • Singapore • Spain • Switzerland • Portugal nd • Austria • Japan • Algeria • Eqypt • Denmark • Saudi Arabia d • Macau • Argentina • Brazil • UAE • Ethiopia • South Africa uritius • Seychelles • Vietnam • Malaysia • Indonesia • India • Jamaica • Greenland • Iceland • UK • Germany • Poland Finland • USA • Korea • Philippines • China • Hong Kong • Namibia • Italy • Bahrain • Holland • Hungary • Mexico alvador • Turkey • Norway • Jordan • Singapore • Spain d • Portugal • New Zealand • Austria • Japan • Algeria Denmark • Saudi Arabia • Taiwan • Ireland • Macau • Brazil • UAE • Ethiopia • South Africa • Mauritius • Vietnam • Malaysia • Indonesia • India • Malta ca • Greenland • Iceland • UK • Germany Poland Sweden • Finland • USA • Korea • Philippines g Kong • Tanzania • Namibia • Italy • Bahrain gary • Mexico • Chile • El Salvador • Turkey • Jordan • Singapore • Spain • Switzerland • New Zealand • Austria • Japan • Algeria nmark • Saudi Arabia • Taiwan • Ireland u • Argentina • Brazil • UAE • Ethiopia a • Mauritius • Seychelles • Vietnam Indonesia • India • Malta • France eenland • Iceland • UK • Germany Sweden • Finland • USA • Korea • China • Hong Kong • Tanzania bia • Italy • Bahrain • Holland Mexico • Chile • El Salvador orway • Jordan • Singapore n • Switzerland • Portugal ealand • Austria • Japan k • Saudi Arabia Taiwan nd • Ireland • Macau azil • UAE • Ethiopia h Africa • Mauritius helles • Vietnam donesia • India nce • Jamaica and • Iceland ny • Poland and • USA ilippines ng Kong amibia hrain ary o KEEPING YOU IN THE AIR www.elfc.com Notes EVENTS CALENDAR 2015 ap&m Europe Expo ap&m Summit May 27-28 London, UK www.apmexpo.com May 26 London, UK www.apmexpo.com/summit ATE&M Awards Gala Dinner May 27 London, UK www.atemawards.com Airline Engineering & Maintenance: China & East Asia September 9-10 Hong Kong www.airlineengineering-cea.com Airline Engineering & Maintenance: North America September 16-17 Chicago, IL, USA www.airlineengineering-northamerica.com Aero-Engines Europe October 21-22 Paris, France www.aeroengineconference.com Airline Engineering & Maintenance: Central & Eastern Europe and Russia November 18-19 Talinn, Estonia www.airlineengineering-cee.com For Advertising & Sponsorship opportunities, contact: Daniel Stebeleski Email: daniel.stebeleski@mro-network.com Tel: +44 20 7975 1661 For Speaking opportunities, contact: Juliet Trew Email: juliet.trew@mro-network.com Tel: +44 20 7975 1675 (Please note that dates and locations may change.) For the latest details visit www.mro-network.com/events Say hello to the future The LEAP engine has 19 fuel nozzles. While they may look deceptively simple from the outside, this revolutionary design, grown using additive manufacturing, is keeping harmful NOx emissions in line. We’re re-shaping the future from the inside, out. Another first. CFM gives you more to believe in. Go to cfmaeroengines.com CFM International is a 50/50 joint company between Snecma (Safran) and GE. PERFORMANCE | EXECUTION | TECHNOLOGY MORE TO BELIEVE IN