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<br /> ISSUE SEVENTYONE<br /> DECEMBER 2022 - JANUARY 2023<br /> THE LEADING GLOBAL PUBLICATION FOR OPERATORS OF AND INVESTORS IN AIRCRAFT AND ENGINES<br /> Bridging two worlds<br /> SMBC Aviation Capital expands<br /> its share of the leasing sector<br /> with the acquisition of Goshawk.<br /> www.airlineeconomics.com<br /> For what‘s next<br /> in aviation<br /> kpmg.ie/aviation<br /> EDITOR’S LETTER<br /> A NEW ENVIRONMENT<br /> United CEO Scott Kirby hit the nail on the head on an earnings call when he said<br /> that the airline industry would never get back to the pre-pandemic “normal”.<br /> Rather than a gloomy prediction, Kirby was recognising that the environment<br /> had fundamentally changed to such an extent that comparisons to 2019 were no<br /> longer relevant.<br /> VOLUME TWELVE, ISSUE SIX<br /> December 2022 - January 2023<br /> EDITORIAL TEAM<br /> Victoria Tozer-Pennington<br /> victoria@aviationnews-online.com<br /> Simon Roughneen<br /> s<a title="AE71 page 1" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=1"> ISSUE SEVENTYONE DECEMBER 2022 - JANUARY 2023 </a> <a title="AE71 page 2" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=2"> For what‘s next in aviation kpmg.ie/aviation</a> <a title="AE71 page 3" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=3"> EDITOR’S LETTER A NEW ENVIRONMENT United CEO </a> <a title="AE71 page 4" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=4"> CONTENTS 1 Letter from the Editor </a> <a title="AE71 page 5" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=5"> Boston / Shannon / London/ Singapore / Hong Kong </a> <a title="AE71 page 6" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=6"> NEWS United places record US widebody order </a> <a title="AE71 page 7" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=7"> AMONG THE MILLIONS OF STARS, THERE’S ONLY ONE EAR</a> <a title="AE71 page 8" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=8"> NEWS AF-KLM closes sustainability-linked bond A</a> <a title="AE71 page 9" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=9"> Aset Management • • • • Remarketing Service</a> <a title="AE71 page 10" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=10"> PARTNERSHIP* IS OUR BUSINESS *Supporting Airline</a> <a title="AE71 page 11" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=11"> </a> <a title="AE71 page 12" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=12"> NEWS Pegasus inks first sustainability-linked, </a> <a title="AE71 page 13" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=13"> THE A330neo. The A330neo shares many of the same </a> <a title="AE71 page 14" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=14"> NEWS SKY Fund V closes oversubscribed Sky Leasi</a> <a title="AE71 page 15" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=15"> Strengthened global expertise to help clients rea</a> <a title="AE71 page 16" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=16"> NEWS Avolon predicts airline 2019 traffic to re</a> <a title="AE71 page 17" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=17"> </a> <a title="AE71 page 18" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=18"> NEWS Aviation finance boosted by private credit</a> <a title="AE71 page 19" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=19"> Navigating Global Aviation Our integrated pr</a> <a title="AE71 page 20" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=20"> 202520220525 TODAYTOTDOADYAY E2 –EM2Eo2–s–tM</a> <a title="AE71 page 21" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=21"> EnEenregrigaia </a> <a title="AE71 page 22" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=22"> NEWS Go First to raise equity via private share</a> <a title="AE71 page 23" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=23"> AIRCRAFT. 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INVESTMENT. </a> <a title="AE71 page 24" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=24"> NEWS French Bee funds one A350 French Bee took </a> <a title="AE71 page 25" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=25"> Global clients Global deals Global Transportati</a> <a title="AE71 page 26" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=26"> NEWS Air Belgium secures $10 million lifeline B</a> <a title="AE71 page 27" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=27"> </a> <a title="AE71 page 28" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=28"> NEWS The marriage of SIA and Vistara After the </a> <a title="AE71 page 29" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=29"> AVIATION SOLUTIONS ACROSS BORDERS With one of the</a> <a title="AE71 page 30" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=30"> NEWS China approves Korean Air-Asiana merger </a> <a title="AE71 page 31" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=31"> </a> <a title="AE71 page 32" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=32"> NEWS Bamboo Airways launches new cargo subsidia</a> <a title="AE71 page 33" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=33"> YOUR GO-TO BANK IN AVIATION We</a> <a title="AE71 page 34" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=34"> NEWS Uzbekistan Airways orders 12 Airbus aircra</a> <a title="AE71 page 35" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=35"> We are your engine experts Our people make the d</a> <a title="AE71 page 36" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=36"> NEWS China Southern resumes 737 MAX flights Chi</a> <a title="AE71 page 37" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=37"> Trustee and Agency Solutions for your aviation fin</a> <a title="AE71 page 38" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=38"> NEWS Aviation finance grandee to retire </a> <a title="AE71 page 39" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=39"> NEWS AWG’s Jeffrey Wool joins WFW Aviation and </a> <a title="AE71 page 40" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=40"> NEWS Tony Douglas quits new role as CEO of RIA </a> <a title="AE71 page 41" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=41"> NEWS Etihad fills top finance roles Etihad </a> <a title="AE71 page 42" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=42"> SMBC AVIATION CAPITAL Bridging </a> <a title="AE71 page 43" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=43"> added an additional layer of complexity to negot</a> <a title="AE71 page 44" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=44"> SMBC AVIATION CAPITAL company taxation rules, a</a> <a title="AE71 page 45" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=45"> market. “We have traded well this year, with lots</a> <a title="AE71 page 46" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=46"> FUELLING THE FUTURE PART 1 Sus</a> <a title="AE71 page 47" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=47"> FUELLING THE FUTURE PART 1 </a> <a title="AE71 page 48" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=48"> FUELLING THE FUTURE PART 1 release from blendin</a> <a title="AE71 page 49" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=49"> FUELLING THE FUTURE PART 1 </a> <a title="AE71 page 50" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=50"> FUELLING THE FUTURE PART 1 OUTSTANDING SAF DELI</a> <a title="AE71 page 51" href="https://secure.viewer.zmags.com/publication/9cb9fe6b?page=51"> FUELLING THE FUTURE PART 1 Feedstock used? 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