Page 25 - AAA JANUARY - FEBRUARY 2014 Online Magazine

FEATURE LEASING

the Seletar facility by leaps and bounds to financing seen in 2013 will abate in
offer infrastructure to rival that of the IDA 2014, with margins expected to continue
at Shannon, as noted by Jeff Chatfield, to come in as most financiers of scale
executive chairman of Singapore-based are building or rebuilding their aviation
Aviation PLC. “An order [for ATR72-600s] positions and rebalancing their lending
is an important growth program for the away from airlines with more emphasis
company allowing suitable expansion. on lessors,” says Dick Forsberg, Head of
This order is a demonstration of our Strategy at Avolon which has a busy office
commitment to grow the company’s in Singapore. Which means the leasing
portfolio with the most modern, agreement for that shiny new narrow
efficient and environmentally friendly body could be signed near a tropical
aircraft available.” beach under a waft of aircon, instead of in
In an interview with Reuters, Peter a rain-soaked pub over a pint of Guinness.
Barrett, chief executive of SMBC Aviation Who said leasing was a dull subject . . . ?
noted that although Ireland is still number
one, the automatic reflex of looking to
Ireland for a lease deal is slowly changing.
“What we’re seeing is a rebalancing of the
world, with Asia now taking its proper
place as a significant region for the There is no reason to believe that the
industry,” he told the reporter. The trend resurgence in liquidity for financing
looks set to continue.
“There is no reason to believe that seen in 2013 will abate in 2014
the resurgence in liquidity for aircraft
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