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<br /> ISSUE SIXTYTWO<br /> THE LEADIN<br /> GFDF<br /> GLOBAL PUBLICATION<br /> OR OPERATORS OF AN<br /> INVESTORS IN AIRCRA<br /> JUNE/JULY 2021<br /> T AND ENGINES<br /> FORTY <br /> <br /> Airline E<br /> top talent co<br /> onomics rec<br /> in aviation ag<br /> gnises the<br /> ed under 40<br /> 40<br /> UNDER<br /> www.aviationnews-online.com<br /> ABOVE & BEYOND<br /> GECAS is a world-leading aviation lessor and financier. For over five decades,<br /> we have solved our customers' challenges and enabled their businesses to thrive.<br /> Whether your need is for aircraft, engines, helicopters or finance, our name has become<br /> synonymous with trusted relationships, domain expertise, and delivering on our promises.<br /> GECAS. Ready for our second fifty years.<br /> gecas.com<br /> GECAS g<br /> EDITOR’S LETTER<br /> HOOP JUMPING<br /> Pre-departure PCR test, proof of double vaccination with an approved vaccine on<br /><a title="Issue 62 June/July page 1" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=1"> ISSUE SIXTYTWO THE LEADIN GFDF GLOBAL PUBLIC</a> <a title="Issue 62 June/July page 2" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=2"> ABOVE & BEYOND GECAS is a world-leading aviation</a> <a title="Issue 62 June/July page 3" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=3"> EDITOR’S LETTER HOOP JUMPING Pre-departure PC</a> <a title="Issue 62 June/July page 4" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=4"> CONTENTS z_cover_4040.indd 1 </a> <a title="Issue 62 June/July page 5" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=5"> BOSTON | SHANNON | LONDON | SINGAPORE | HONG</a> <a title="Issue 62 June/July page 6" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=6"> NEWS 2020 was the worst year ever for aviation </a> <a title="Issue 62 June/July page 7" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=7"> AMONG THE MILLIONS OF STARS, THERE’S ONLY ONE EAR</a> <a title="Issue 62 June/July page 8" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=8"> NEWS Virgin Atlantic preps IPO UK ai</a> <a title="Issue 62 June/July page 9" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=9"> Aset Management • • • • Remarketing Services</a> <a title="Issue 62 June/July page 10" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=10"> NEWS AerCap-GECAS deal approved by EU The Europ</a> <a title="Issue 62 June/July page 11" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=11"> </a> <a title="Issue 62 June/July page 12" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=12"> PARTNERSHIP* IS OUR BUSINESS *Supporting Airline</a> <a title="Issue 62 June/July page 13" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=13"> </a> <a title="Issue 62 June/July page 14" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=14"> NEWS BA closes sustainability-linked EETC </a> <a title="Issue 62 June/July page 15" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=15"> YOUR GO-TO BANK IN AVIATION We</a> <a title="Issue 62 June/July page 16" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=16"> NEWS Breeze secures Series B funding Breeze Avi</a> <a title="Issue 62 June/July page 17" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=17"> Trustee and Agency Now open in Ireland to service</a> <a title="Issue 62 June/July page 18" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=18"> NEWS TUI extends credit lines until summer 2024</a> <a title="Issue 62 June/July page 19" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=19"> NEWS Condor boosts fleet; state aid approved </a> <a title="Issue 62 June/July page 20" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=20"> NEWS Spirit apologies for cancellations; comple</a> <a title="Issue 62 June/July page 21" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=21"> Navigating Global Aviation Our integrated pr</a> <a title="Issue 62 June/July page 22" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=22"> NEWS ALC prices jumbo bond Air Lease Corp</a> <a title="Issue 62 June/July page 23" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=23"> Your Global Partners for Financing and Management</a> <a title="Issue 62 June/July page 24" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=24"> NEWS Goshawk extends secured warehouse facility</a> <a title="Issue 62 June/July page 25" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=25"> AIRCRAFT. LEASING. INVESTMENT. </a> <a title="Issue 62 June/July page 26" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=26"> NEWS Lufthansa prepares for German government e</a> <a title="Issue 62 June/July page 27" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=27"> READY TO FLY With 50 years in </a> <a title="Issue 62 June/July page 28" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=28"> NEWS JetBlue begins New York to London services</a> <a title="Issue 62 June/July page 29" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=29"> </a> <a title="Issue 62 June/July page 30" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=30"> NEWS Delta orders 30 more A321neos Delta Air Li</a> <a title="Issue 62 June/July page 31" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=31"> NEWS LATAM agrees to purchase more A320neos LAT</a> <a title="Issue 62 June/July page 32" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=32"> NEWS Qatar Airways grounds A350 fleet In a stat</a> <a title="Issue 62 June/July page 33" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=33"> </a> <a title="Issue 62 June/July page 34" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=34"> NEWS WestJet’s EXIM bridge loan approved </a> <a title="Issue 62 June/July page 35" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=35"> Over 19,000 shop visits in almost 40 years on mor</a> <a title="Issue 62 June/July page 36" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=36"> NEWS BBAM and EFW boost A320/A321P2F conversion</a> <a title="Issue 62 June/July page 37" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=37"> NEWS UN calls Code Red for Climate Change </a> <a title="Issue 62 June/July page 38" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=38"> NEWS Azul to develop strategic alliance with Li</a> <a title="Issue 62 June/July page 39" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=39"> NEWS Skye Aviation orders 15 eFlyer 800s Aircra</a> <a title="Issue 62 June/July page 40" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=40"> AIRLINES Disruptive innovation Helane Becker, </a> <a title="Issue 62 June/July page 41" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=41"> second start-up, Breeze Airways, is based in </a> <a title="Issue 62 June/July page 42" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=42"> AIRLINES airlines had the opportunity to review</a> <a title="Issue 62 June/July page 43" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=43"> AIRLINES FIGURE 4 - AIRLINE CARBON NEUTRALITY G</a> <a title="Issue 62 June/July page 44" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=44"> is no scale to it right now. Airlines sign agreem</a> <a title="Issue 62 June/July page 45" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=45"> </a> <a title="Issue 62 June/July page 46" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=46"> ENVIRONMENT Aviation as a force for good Even</a> <a title="Issue 62 June/July page 47" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=47"> minimal skills as well as highly qualified profes</a> <a title="Issue 62 June/July page 48" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=48"> PLAY Standing on the shoulder of gia</a> <a title="Issue 62 June/July page 49" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=49"> PLAY offered 221,906,800 new issued share</a> <a title="Issue 62 June/July page 50" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=50"> PLAY Magnus Hardarson, CEO Nasdaq Iceland and</a> <a title="Issue 62 June/July page 51" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=51"> Birgir Jónsson We are using n</a> <a title="Issue 62 June/July page 52" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=52"> CASTLELAKE Financing the</a> <a title="Issue 62 June/July page 53" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=53"> capacity remains constrained, lenders are seekin</a> <a title="Issue 62 June/July page 54" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=54"> CASTLELAKE resources, spe</a> <a title="Issue 62 June/July page 55" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=55"> CASTLELAKE Armin Rothauser Castlelake's bal</a> <a title="Issue 62 June/July page 56" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=56"> AKASA A new entrant in th</a> <a title="Issue 62 June/July page 57" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=57"> AKASA INDIAN AIRLINES Airline Ownership Dome</a> <a title="Issue 62 June/July page 58" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=58"> </a> <a title="Issue 62 June/July page 59" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=59"> 40 FORTY </a> <a title="Issue 62 June/July page 60" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=60"> 40 FORTY 40 UNDER 40 UNDER Airline Economics</a> <a title="Issue 62 June/July page 61" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=61"> 40 FORTY </a> <a title="Issue 62 June/July page 62" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=62"> 40 FORTY 40 UNDER 40 UNDER Riva Amar Portfol</a> <a title="Issue 62 June/July page 63" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=63"> END TO END INVESTMENT MANAGEMENT FULL, IN-HOUSE A</a> <a title="Issue 62 June/July page 64" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=64"> 40 UNDER 40 Nuno Leal Senior Advisor at World S</a> <a title="Issue 62 June/July page 65" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=65"> 2021 LONDON COVID SPECIAL GROWTH FRONTIERS D</a> <a title="Issue 62 June/July page 66" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=66"> 40 UNDER 40 Jon Boudreau Managing Director, Ame</a> <a title="Issue 62 June/July page 67" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=67"> 40 FORTY UNDER Andrew Broderick Managing Direct</a> <a title="Issue 62 June/July page 68" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=68"> 40 UNDER 40 Gerard Browne Vice President Engine</a> <a title="Issue 62 June/July page 69" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=69"> 40 FORTY UNDER Kaiori Creed Airline Sales and M</a> <a title="Issue 62 June/July page 70" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=70"> 40 UNDER 40 Niamh Danaher Vice President, Marke</a> <a title="Issue 62 June/July page 71" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=71"> 40 FORTY UNDER Benoist de Vimal Executive Direc</a> <a title="Issue 62 June/July page 72" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=72"> 40 FORTY 40 UNDER 40 UNDER Jeanette Delehant</a> <a title="Issue 62 June/July page 73" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=73"> 40 FORTY UNDER Mark Ditto Partner, Vedder Price</a> <a title="Issue 62 June/July page 74" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=74"> 40 UNDER 40 Ardy Ghanbar Chief Financial Office</a> <a title="Issue 62 June/July page 75" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=75"> 40 FORTY UNDER Ahsan Gulabkhan Legal Director, </a> <a title="Issue 62 June/July page 76" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=76"> 40 UNDER 40 Nick Harding Legal Director, Clyde </a> <a title="Issue 62 June/July page 77" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=77"> 40 FORTY UNDER Marie Louise Heavey Vice Preside</a> <a title="Issue 62 June/July page 78" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=78"> 40 UNDER 40 Nick Hendy Director, EMEA Aviation,</a> <a title="Issue 62 June/July page 79" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=79"> 40 FORTY UNDER Michael Leonard Director, Aviati</a> <a title="Issue 62 June/July page 80" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=80"> 40 UNDER 40 Ursula Hurley Acting Chief Fin</a> <a title="Issue 62 June/July page 81" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=81"> 40 FORTY UNDER Ali Jahanshahi Vice President, S</a> <a title="Issue 62 June/July page 82" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=82"> 40 UNDER 40 Stefanie Jung SVP Sales, Europe, Be</a> <a title="Issue 62 June/July page 83" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=83"> 40 FORTY UNDER Matvey Koloturskiy Deputy CEO, D</a> <a title="Issue 62 June/July page 84" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=84"> 40 UNDER 40 Sylvia Li VP Aircraft Sales, BOC Av</a> <a title="Issue 62 June/July page 85" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=85"> 40 FORTY UNDER Lisa Lyons Vice-President Tradin</a> <a title="Issue 62 June/July page 86" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=86"> 40 UNDER 40 Louise McNamee Legal Counsel, Gosha</a> <a title="Issue 62 June/July page 87" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=87"> 40 FORTY UNDER Ciara Mitchell Assistant Vice Pr</a> <a title="Issue 62 June/July page 88" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=88"> 40 UNDER 40 Mick Mooney CEO, ACIA Aero Leasing </a> <a title="Issue 62 June/July page 89" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=89"> 40 FORTY UNDER Shairon Sexton VP Commercial, GE</a> <a title="Issue 62 June/July page 90" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=90"> 40 UNDER 40 Ricardo Ramos Executive Vice Presid</a> <a title="Issue 62 June/July page 91" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=91"> 40 FORTY UNDER Edward Rhind Associate, Maples G</a> <a title="Issue 62 June/July page 92" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=92"> 40 UNDER 40 Daniel Verwholt Treasurer, Air Leas</a> <a title="Issue 62 June/July page 93" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=93"> </a> <a title="Issue 62 June/July page 94" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=94"> 40 UNDER 40 Praveen Vetrivel Chief Financial Of</a> <a title="Issue 62 June/July page 95" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=95"> GROWTH FRONTIERS DUBAI 28-29 SEPTEMBER 2021 </a> <a title="Issue 62 June/July page 96" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=96"> 40 UNDER 40 Virginia Walker Vice Pres</a> <a title="Issue 62 June/July page 97" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=97"> 40 FORTY UNDER Yan (Joey) Zhao Head of Commerci</a> <a title="Issue 62 June/July page 98" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=98"> </a> <a title="Issue 62 June/July page 99" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=99"> 40 40 FORTY </a> <a title="Issue 62 June/July page 100" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=100"> 40 UNDER 40 Robert (Bob) Agnew (1951-2019) Chai</a> <a title="Issue 62 June/July page 101" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=101"> 40 FORTY UNDER Mary Bradford Former SVP and Cou</a> <a title="Issue 62 June/July page 102" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=102"> 40 UNDER 40 Bill Franke Managing Partne</a> <a title="Issue 62 June/July page 103" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=103"> 40 FORTY UNDER John Govan Head of Leasing EMEA,</a> <a title="Issue 62 June/July page 104" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=104"> 40 UNDER 40 Thomas Hollahan Head of Aviat</a> <a title="Issue 62 June/July page 105" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=105"> 40 FORTY UNDER Denise Mangan-Fahy Senior Vice P</a> <a title="Issue 62 June/July page 106" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=106"> 40 UNDER 40 Jonathon Meloy Partner, Co-head of </a> <a title="Issue 62 June/July page 107" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=107"> 40 FORTY UNDER Munawar Noorani Co-Head Aviation</a> <a title="Issue 62 June/July page 108" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=108"> 40 FORTY 40 UNDER 40 UNDER John L. Plueger C</a> <a title="Issue 62 June/July page 109" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=109"> 40 FORTY UNDER Neil Poland Partner, Vedder Pric</a> <a title="Issue 62 June/July page 110" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=110"> 40 UNDER 40 Sidanth Rajagopal Partner, K&L Gate</a> <a title="Issue 62 June/July page 111" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=111"> 40 FORTY UNDER Joseph Shanahan Co-Head Aviation</a> <a title="Issue 62 June/July page 112" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=112"> 40 UNDER 40 Trey Urbahn Founder, Executive Comm</a> <a title="Issue 62 June/July page 113" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=113"> 40 FORTY UNDER Richard Wiley Executive Chairman</a> <a title="Issue 62 June/July page 114" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=114"> DATA ASCEND VALUES JUNE 2021 Aircraft Value</a> <a title="Issue 62 June/July page 115" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=115"> VALUE YOUR FUTURE Vote Ascend by Cirium Appraise</a> <a title="Issue 62 June/July page 116" href="https://secure.viewer.zmags.com/publication/7f06b0a9?page=116"> For what’s next in Aviation Navigating Change. To</a>