If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
<br /> ISSUE FIFTYNINE DECEMBER 2020 - JANUARY 2021<br /> THE LEADING GLOBAL PUBLICATION FOR OPERATORS OF AND INVESTORS IN AIRCRAFT AND ENGINES<br /> Navigating the minefield<br /> Aviation firms face myriad challenges heading into 2021<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 /> FACING UP TO REALITY<br /> The world started the new year with high hopes that the vaccination programmes<br /> will soo<a title="Issue 59 Dec/Jan page 1" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=1"> ISSUE FIFTYNINE </a> <a title="Issue 59 Dec/Jan page 2" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=2"> ABOVE & BEYOND GECAS is a world-leading aviation</a> <a title="Issue 59 Dec/Jan page 3" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=3"> EDITOR’S LETTER FACING UP TO REALITY The worl</a> <a title="Issue 59 Dec/Jan page 4" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=4"> CONTENTS Skytra Air Travel Price obtains 6</a> <a title="Issue 59 Dec/Jan page 5" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=5"> BOSTON | SHANNON | LONDON | SINGAPORE | HONG KON</a> <a title="Issue 59 Dec/Jan page 6" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=6"> NEWS HNA Group announces bankruptcy HNA Group </a> <a title="Issue 59 Dec/Jan page 7" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=7"> Aset Management • • • • Remarketing Services</a> <a title="Issue 59 Dec/Jan page 8" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=8"> NEWS Castlelake out with first post-Covid aviat</a> <a title="Issue 59 Dec/Jan page 9" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=9"> AMONG THE MILLIONS OF STARS, THERE’S ONLY ONE EAR</a> <a title="Issue 59 Dec/Jan page 10" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=10"> PARTNERSHIP* IS OUR BUSINESS *Supporting Airline</a> <a title="Issue 59 Dec/Jan page 11" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=11"> </a> <a title="Issue 59 Dec/Jan page 12" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=12"> NEWS Hawaiian leverages loyalty and brand subsi</a> <a title="Issue 59 Dec/Jan page 13" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=13"> Your Global Partners for Financing and Management</a> <a title="Issue 59 Dec/Jan page 14" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=14"> NEWS Wizz Air’s debut bond flies Wizz Air made </a> <a title="Issue 59 Dec/Jan page 15" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=15"> YOUR GO-TO BANK IN AVIATION We</a> <a title="Issue 59 Dec/Jan page 16" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=16"> NEWS Cathay Pacific issues convertible bond </a> <a title="Issue 59 Dec/Jan page 17" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=17"> Choose an Aviation Leasing Administration Partner</a> <a title="Issue 59 Dec/Jan page 18" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=18"> NEWS Embraer inks debut finance transaction wit</a> <a title="Issue 59 Dec/Jan page 19" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=19"> Trustee and Agency Solutions for your aviation fin</a> <a title="Issue 59 Dec/Jan page 20" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=20"> Looking for a better SUCCESSOR trustee solution?</a> <a title="Issue 59 Dec/Jan page 21" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=21"> ALAN GERAGHTY </a> <a title="Issue 59 Dec/Jan page 22" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=22"> NEWS IAG secures reduced Air Europa purchase pr</a> <a title="Issue 59 Dec/Jan page 23" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=23"> </a> <a title="Issue 59 Dec/Jan page 24" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=24"> 25 Years of Commitment To Creative Solutions. </a> <a title="Issue 59 Dec/Jan page 25" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=25"> 1994 @NovusAviation 2019 </a> <a title="Issue 59 Dec/Jan page 26" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=26"> NEWS easyJet closes new five-year UKEF loan eas</a> <a title="Issue 59 Dec/Jan page 27" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=27"> AIRCRAFT. LEASING. INVESTMENT. </a> <a title="Issue 59 Dec/Jan page 28" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=28"> NEWS Restructured Norwegian secures Government </a> <a title="Issue 59 Dec/Jan page 29" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=29"> READY TO FLY With 50 years in </a> <a title="Issue 59 Dec/Jan page 30" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=30"> NEWS Introducing KLA Aviation Finance Kennedy </a> <a title="Issue 59 Dec/Jan page 31" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=31"> Navigating Global Aviation Our integrated pr</a> <a title="Issue 59 Dec/Jan page 32" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=32"> NEWS American Airlines launches $1.1bn equity i</a> <a title="Issue 59 Dec/Jan page 33" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=33"> </a> <a title="Issue 59 Dec/Jan page 34" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=34"> NEWS Fitch notes novation, tail concentration r</a> <a title="Issue 59 Dec/Jan page 35" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=35"> Leader in Aircraft Leasing, Asset Management & Fi</a> <a title="Issue 59 Dec/Jan page 36" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=36"> NEWS UK CAA and EASA clear MAX return to servic</a> <a title="Issue 59 Dec/Jan page 37" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=37"> ENGINES conditions in support of custom</a> <a title="Issue 59 Dec/Jan page 38" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=38"> NEWS Freighter and P2F conversion orders rise T</a> <a title="Issue 59 Dec/Jan page 39" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=39"> Shape the future. With a strong financing part</a> <a title="Issue 59 Dec/Jan page 40" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=40"> IATA Restarting the aviation industry Airline E</a> <a title="Issue 59 Dec/Jan page 41" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=41"> heavily helped by the government will survive, bu</a> <a title="Issue 59 Dec/Jan page 42" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=42"> TALENT CHECK SURVEY 2021 Talent Che</a> <a title="Issue 59 Dec/Jan page 43" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=43"> The level of government support for the aviati</a> <a title="Issue 59 Dec/Jan page 44" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=44"> TALENT CHECK SURVEY 2021 SURVEY DEMOGRAPHICS A</a> <a title="Issue 59 Dec/Jan page 45" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=45"> TALENT CHECK SURVEY 2021 EY APHICS dent </a> <a title="Issue 59 Dec/Jan page 46" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=46"> TALENT CHECK SURVEY 2021 GLOBAL HIRING TRENDS </a> <a title="Issue 59 Dec/Jan page 47" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=47"> accountancy and reporting roles, which climbed to</a> <a title="Issue 59 Dec/Jan page 48" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=48"> TALENT CHECK SURVEY 2021 IMPACT OF COVID-19 100</a> <a title="Issue 59 Dec/Jan page 49" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=49"> TALENT CHECK SURVEY 2021 crisis situation, some</a> <a title="Issue 59 Dec/Jan page 50" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=50"> TALENT CHECK SURVEY 2021 Graduates are still co</a> <a title="Issue 59 Dec/Jan page 51" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=51"> TALENT CHECK SURVEY 2021 No HIRING </a> <a title="Issue 59 Dec/Jan page 52" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=52"> TALENT CHECK SURVEY 2021 DIVERSITY & INCLUSION </a> <a title="Issue 59 Dec/Jan page 53" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=53"> Ourindustryknowledge and dedicated service </a> <a title="Issue 59 Dec/Jan page 54" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=54"> SKYTRA Skytra Air Travel Price </a> <a title="Issue 59 Dec/Jan page 55" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=55"> had run hundreds of tests over the past few</a> <a title="Issue 59 Dec/Jan page 56" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=56"> NORWEGIAN: A CASE STUDY Nor</a> <a title="Issue 59 Dec/Jan page 57" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=57"> and their assets are sold off to repay creditors.</a> <a title="Issue 59 Dec/Jan page 58" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=58"> NORWEGIAN: A CASE STUDY normally called debto</a> <a title="Issue 59 Dec/Jan page 59" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=59"> “While a renegotiated agreement might be on worse</a> <a title="Issue 59 Dec/Jan page 60" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=60"> JET AIRWAYS RESTRUCTURING Jet Airways: India’</a> <a title="Issue 59 Dec/Jan page 61" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=61"> JET AIRWAYS RESTRUCTURING </a> <a title="Issue 59 Dec/Jan page 62" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=62"> JET AIRWAYS RESTRUCTURING a newly established f</a> <a title="Issue 59 Dec/Jan page 63" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=63"> GROWTH FRONTIERS HONG KONG 1-3 NOVEMBER 2021 </a> <a title="Issue 59 Dec/Jan page 64" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=64"> JET AIRWAYS RESTRUCTURING months in the restruc</a> <a title="Issue 59 Dec/Jan page 65" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=65"> GROWTH FRONTIERS DUBLIN 16-22 JANUARY 2022 </a> <a title="Issue 59 Dec/Jan page 66" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=66"> COLLATERAL VERIFICATIONS SPECIAL AIRCRAFT REP</a> <a title="Issue 59 Dec/Jan page 67" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=67"> The current market demand for the Boeing 737</a> <a title="Issue 59 Dec/Jan page 68" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=68"> </a> <a title="Issue 59 Dec/Jan page 69" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=69"> COLLATERAL VERIFICATIONS FUTURE OPPORTUNITIES F</a> <a title="Issue 59 Dec/Jan page 70" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=70"> COLLATERAL VERIFICATIONS AIRBUS A320NEO (AS OF J</a> <a title="Issue 59 Dec/Jan page 71" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=71"> COLLATERAL VERIFICATIONS BOEING 737 MAX 8 (AS OF</a> <a title="Issue 59 Dec/Jan page 72" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=72"> COLLATERAL VERIFICATIONS VALUE</a> <a title="Issue 59 Dec/Jan page 73" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=73"> BASE VALUE (BV): To determine its Base and Future</a> <a title="Issue 59 Dec/Jan page 74" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=74"> DATA ASCEND VALUES 30 SEPTEMBER 2020 Aircraft </a> <a title="Issue 59 Dec/Jan page 75" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=75"> VALUE YOUR FUTURE Vote Ascend by Cirium Appraise</a> <a title="Issue 59 Dec/Jan page 76" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=76"> DATA MBAVALUES 1Q 2021 OEM Type Oldest </a> <a title="Issue 59 Dec/Jan page 77" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=77"> Providing expertise, integrity, and quality to ai</a> <a title="Issue 59 Dec/Jan page 78" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=78"> DATA JANUARY 2021 - VALUES AND RATES OEM </a> <a title="Issue 59 Dec/Jan page 79" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=79"> Introducing the new integrated intelligence platf</a> <a title="Issue 59 Dec/Jan page 80" href="https://secure.viewer.zmags.com/publication/d44de1b8?page=80"> For what’s next in Aviation Navigating Change. To</a>