icao regional air transport conference, jamaica · 2014-10-09 · icao regional air transport...
TRANSCRIPT
ICAO Regional Air Transport Conference
(Montego Bay, Jamaica, 7—9 October 2014
Latin American & Caribbean Air Transport Association
Session 7Aircraft Leasing
Moderator: Eduardo Iglesias,Executive Director, ALTA
Yuan‐Zheng Wang, Air Transport Regulation Panel Secretary, ICAOThomas Dunstan, Director, Bermuda Department of Civil AviationSamuel Chacón López‐Velarde, Partner, Chacón & Rodríguez, S.C., Mexico
LAC Passenger Traffic
0
100
200
300
400
500
600
700
800
Current Traffic 2033 Traffic
Million Pax
Source: Boeing Market Outlook
480 Million new passengers
CAGR: 6.2%
LAC Fleet Growth
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
Current Fleet 2033 Fleet
WideBody Single Aisle Regional/Turboprop
Source: Ascend, Boeing
2,950 new aircraft will enter service
LAC Fleet
Source: Ascend
0
200
400
600
800
1000
1200
2005 2010 2014
OwnedLeased
LAC Order Backlog
338
248
28 11 10 130
50
100
150
200
250
300
350
400
Airbus Boeing ATR Sukhoi Embraer Other
648 Aircraft
Source: Ascend
Future Fleet Projections
New Airplanes (2013‐2033) Share %
Widebody 400 13%
Single Aisle 2,360 80%
Regional 190 7%
Total 2,950 100%
Source: Boeing Market Outlook
Fleet Renovation
Fleet Age
10.1 10.410.5
13.314.8
12.911.6
7.6
2000 2014
Average Ag
e
Europe USA LAC ALTA
21,590 Aircraft
Source: Ascend
26,533 Aircraft
Emissions Reductions
OR
Recent Trends• Aircraft Interchange• Aircraft registration different from AOC country
• Cape Town Convention• Operating Lease vs. Finance Lease
Lease Return Challenges
Airlines on lease return day if attention is not paid to contract details
It’s only scary if you don’t know how it
ends
Thank you