Attention aircraft leasing lessors: change is coming, and you
better be ready.
That was the takeaway from a panel I hosted at the Global
Airfinance Conference in Dublin last month, where I was joined by
Robert Kokonis, President and Managing Director of AirTrav Inc,
Canada; Brian Brennan, Partner, KPMG, Dublin; and John Pritchard,
Partner, Holland & Knight, New York. We discussed future
proofing your business in 2018 and found that the conversation is
centred on three main topics of concern right now: the price of
oil, taxation reform and changes to capital requirements under
Basel IV.
The biggest takeaway for me was the huge amount of change coming
down the tracks. Whether you're a lessor, an airline, a
financier, or play any part in the air industry, change is coming,
and it will impact everyone differently - it all depends on your
own business model, strategy and priorities.
