The Impact of Industry Downturns on Aircraft Leasing
????: John Mowry
Alton Aviation Consultancy Managing Director John Mowry led a session focused on the how a downturn would impact lessors and investors in aircraft leasing at the Investing in Aviation Finance conference hosted by Ishka in New York, a conference forum focused on connecting institutional investors to the aviation finance market.
The presentation highlights some of the recent distress experienced by airlines and the exposure of various asset backed securitizations (ABS) of leased aircraft to the challenged lessees. Via several representative case studies, the potential impact of a default on an individual aircraft lease, and on the exposed portfolios, was assessed.
Commercial Aviation Finance Review
At the 2022 Airline Economics New York conference, Alton?s Managing Director John Mowry kicked off the multi-day event with an initial review of the commercial aviation finance industry. Aircraft trading, equity markets, and debt financing dynamics were explored.
?? | 26-Oct-22
Route to recovery: delayed
In a special white paper authored for the Airfinance Journal?s 2022-2023 Annual, Alton Aviation Consultancy looks at the state of commercial aviation and aircraft leasing, and the outlook for the year ahead. The aviation industry has cautiously turned a corner from the Covid-19 pandemic, with traffic rebounding as the world...
?? | 11-Oct-22
Hydrogen Aircraft and Implications for Aviation Infrastructure
Alton?s white paper turns the spotlight on hydrogen aircraft and the significant implications for aviation infrastructure. In the report, Alton?s experts explore the following questions: What are the impacts of future energy source adoption? How will hydrogen aircraft operations affect infrastructure? What should stakeholders consider in the path to hydrogen...
?? | 25-May-22
The Rise of Advanced Air Mobility: Implications on MRO
In the fourth of its series of Advanced Air Mobility (AAM) white papers, Alton turns the spotlight on AAM ground infrastructure. In the report, Alton?s experts identify what MRO will look like for AAM vehicles, the anticipated role of the OEMs with respect to MRO, and likely key players.
?? | 21-Apr-22
The Rise of Advanced Air Mobility: Implications on Financing in the Aviation Sector
In the second of a series of Advanced Air Mobility (AAM) white papers, Alton focuses the spotlight on the aircraft finance industry. In commercial aviation, aircraft lessors own approximately 50% of all aircraft; yet we have not heretofore seen a similar level of interest in the AAM space. This white...
?? | 01-Dec-21
The Rise of Advanced Air Mobility
Advanced Air Mobility (AAM) has been a hot topic in the aviation industry. Significant investments have been made as technology, societal trends and ESG goals converge to make AAM a reality. While the aircraft technology may be revolutionary, incorporating AAM into our aviation ecosystem will be more of an evolutionary...
?? | 15-Nov-21
2021 Post-Pandemic Fleet & MRO Demand Forecast
Alton Aviation Consultancy has recently updated its global commercial air transport fleet and MRO demand forecast to reflect the postpandemic industry trends and dynamics. As a leading independent advisor to the aviation industry, Alton?s annual MRO forecast has become globally recognized as the commercial transaction advisory community?s most trusted data...
?? | 01-Nov-21
Low Visibility and Persistent Turbulence: The State of Commercial Aviation and Aircraft Leasing
Low Visibility and Persistent Turbulence. The situation in the commercial aviation industry has continued to evolve with the ever-changing Covid-19 pandemic that has dominated life since early 2020. As of the writing of this report in late August 2021, it has become clear that historical trends have limited applicability...
?? | 01-Oct-21
Introduction to Aircraft and Engine Asset-Backed Securitizations (ABS)
At a recent ISTAT Learning Lab session, Alton Aviation Consultancy managing director John Mowry, alongside Evan Wallach, President & CEO of Global AirFinance Services presented an introduction to aircraft and engine asset backed securitizations (ABS). The session was designed for those seeking a foundational understanding of the aircraft and engine...
?? | 14-Sep-21
Line Maintenance Sourcing Strategies in the Age of E-Commerce
In a recently published a white paper entitled, Line Maintenance Sourcing Strategies in the Age of e-Commerce, Alton?s MRO Practice explores how the exponential growth of e-commerce, and the increased market power of industry behemoths such as Amazon and Alibaba, will further disrupt traditional air cargo operators? business models, and...
?? | 23-Apr-21
COVID-19: Implications for Lessors
NEW YORK - December 14, 2020: Commercial aviation continues to feel the impact of the coronavirus pandemic, with scheduled flights down 46% in the second week of December 2020. At the same time, 38% of the global lessor-owned passenger fleet is currently grounded, and the sharp decline in airline revenues...
?? | 14-Dec-20
Flying Unfriendly Skies: Alton Aviation Consultancy Looks at the State of Commercial Aviation and Aircraft Leasing
Flying unfriendly skies. The performance of the commercial aviation industry has historically been tied to the world?s macroeconomic environment. However, 2020, in the grip of a global pandemic, has demonstrated that economic activity alone is but one driver of air traffic demand and that historical trends have limited applicability to...
?? | 05-Oct-20
COVID-19: Implications for the Commercial Aviation Industry
NEW YORK - June 2, 2020: The ?New Normal? for the aviation industry is 18-24 months away and key players must prepare for an extended ?Covid overhang? period and a long, turbulent journey to recovery, according to Alton Aviation Consultancy. The global aviation advisory firm today released its independent...
?? | 02-Jun-20
Alton Aviation Consultancy’s Industry Altimeter 2019-2020
Clear skies ahead? In a special white paper authored for the Airfinance Journal?s 2019-2020 Annual, Alton Aviation Consultancy looks at the state of commercial aviation and aircraft leasing, and the outlook for the year ahead. The paper explores air traffic demand trends and drivers, aircraft supply outlook including new technology...
?? | 15-Dec-19
Fundamentals of Aircraft Leasing
At the 20th Anniversary Airfinance Journal Asia Pacific Conference & School in Hong Kong, Alton Aviation Consultancy Director Bradley Dailey made a presentation on the Fundamentals of Aircraft Leasing. The comprehensive presentation provided: a background on aircraft leasing, industry drivers, industry fundamentals, a review of the aircraft leasing competitive...
?? | 28-Oct-19
2019 MRO Industry Trends: Asia-Pacific
At the MRO Asia conference held in Singapore, an annual conference hosted by Aviation Week Network, Alton Aviation Consultancy Regional Manager Joshua Ng led a session regarding commercial aviation MRO trends. The presentation included data-driven analysis with regards to global aircraft MRO demand and key drivers of growth, in addition...
?? | 24-Sep-19
Aircraft Leasing Maintenance Reserves
At Deutsche Bank's 9th Annual Aircraft Finance & Leasing Conference, Alton Aviation Consultancy's Managing Director John Mowry provided ABS debt and equity investors with a presentation on aircraft operating leasing maintenance cash flows. The presentation covered (1) an introduction to aircraft maintenance, (2) aircraft maintenance-related lease provisions, and (3)...
?? | 03-Sep-19
Untangling the Growing Web of Aircraft Transactions and Values
There are many factors that influence aircraft values, but these factors can be complex. In a special white paper authored for the Airfinance Journal?s 2018-2019 Annual, Alton Aviation Consultancy authored a multi-part paper providing: An overall assessment of the aviation, airline, and aircraft leasing industry; Analysis of observed...
?? | 15-Jan-19
Busting the Myth, East & West
John Mowry, Managing Director, recently presented an assessment of certain characteristics of the Top 10 aircraft lessors at Ishka?s Aviation Finance Festival held in Dublin on June 26, 2018. The presentation compared and contrasted the Top 5 lessors having owners in Greater China with the Top 5 lessors having ownership...
?? | 26-Jun-18