December 03, 2018

2018 Aviation & Space Finance Conference

Final Attendee List

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Meeting Schedule

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CLE

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Standardizing Aircraft Trading - The Rise of the Global Aircraft Trading System (GATS) –

With aircraft trading (with lease assignments and novation) continuing to rise, all affected parties desire a more streamlined, cost efficient way to carry out these transactions. The Aviation Working Group is developing a digital, block chain technology-based system for documenting and closing these transfers: GATS. The lawyers involved in the development of GATS will describe its genesis, how it works, the theory of how it will make aircraft trading more efficient and the status of the project to date.

Moderator:
Dominic Pearson, Milbank, New York, NY


Panelists:
David Berkery, A&L Goodbody, New York, NY

Steve Quinn, Senior Vice President – Legal, Aircastle Advisor LLC, Stamford, CT

Lewis Ledyard, Morris James LLP, Wilmington, DE


Unlocking the Value in Airline Loyalty Programs

This panel will explore the financial value of Airline loyalty programs (aka frequent flyer programs) and how some airlines have or are exploring monetizing the programs by selling them off to investors as standalone companies.

Moderator:
George R. Ackert, Evercore Partners Inc., New York, NY

Ehren Hartz, Winstead, Dallas, TX


Tax and Accounting Implications on Operating Leasing

Between the 2017 Tax Cut and Jobs Act passed in the US, significantly lowering corporate tax rates on US companies and the coming accounting changes requiring lessee’s under operating leases (“true leases”) to account for those leases on their balance sheets, some are wondering about the impact on the operating lease market in the US. This session will be dedicated to exploring that concern while highlighting some of the continued benefits to operating leasing.

Panelists:
Richard Lee, PricewaterhouseCoopers (PwC), New York, NY

Joseph Mandarino, Smith, Gambrell & Russell, LLP, New York, NY

Brian Leonard, PricewaterhouseCoopers (PwC), Dublin, Ireland


Aviation Funds as Lessors

Over the last decade, the aircraft leasing community has seen the development of specialized aviation funds, managed or serviced by operating lessors or management of former operating lessors, raise and deploy large amounts of capital to gain critical mass in a competitive lessor environment. This panel will explore the appetite for passive investment in aircraft leasing, how aviation funds function like more traditional lessors and how they don’t.

Moderator:
Patrice Robinet, Managing Director, Halcyon Aviation Capital, Miami, Florida

Panelists:
Bashir Agah, Vx Capital, San Francisco, CA

David Sherman, Kirkland & Ellis, New York, New York

Alyssa Vazquez, Norton Rose Fulbright US LLP, New York, NY


Commercial Satellite Finance for the Aircraft Practitioner

What’s so different about satellite finance? Our satellite industry panelists will discuss some of the fundamentals of satellite finance as well as current trends impacting the industry, including drawing comparisons and discussing interesting intersections with the aircraft industry. This year we will focus on in-flight entertainment and connectivity (IFEC) and telematics, and the financing of companies active in the sector.

Moderator:
Alexis M. Sainz, Milbank Tweed Hadley & McCloy, Washington, DC

Panelists:
David J. Den Herder, Associate General Counsel, Sirius XM Radio Inc., Washington, DC

Vaibhav Lohiya, Director, TMT Investment Banking, Deutsche Bank Securities, Inc, New York, NY

Daymien Villasenor, JetBlue Airways, New York, NY