08.30 Registration and refreshments
09.00 Chairman’s opening remarks
Geoff Burgess, Partner, Debevoise & Plimpton
09.10 Refleeting Russian airlines
• The need for new aircraft
• Which types do carriers need?
• Russian and CIS demand vs Brazil, India and China
• When should carriers refleet: Order books, demand
• Operating leasing vs speculative orders
Ray Sisson, Senior Vice President and Regional Manager, Middle East, Africa and
CIS, GECAS
09.40 Panel discussion: A booming market – operating leasing in Russia and the CIS
• Which aircraft are the most suitable?
• Lease rates
• How do lessors view the Russian aviation market?
• Is Russia counter – cyclical?
• Opportunities for new lessors
• New lessor business plans
Philip G Scruggs, Senior Vice President, International Lease Finance Corporation
Markus Weinseiss, Managing Director, CIT Aerospace
10.20 Certain aspects of the maintenance and redelivery provisions in the aircraft operating lease agreements
• Types of maintenance
• Maintenance costs
• Maintenance reserves
• Warranties
• Alterations and modifications
• Service bulletin and airworthiness directives
• Deferred maintenance
• Maintenance covenants
• Part replacement
• Removal and replacement of engines – pooling
• Information and inspection
• Aircraft manuals and records
• Redelivery conditions – possible pitfalls
Ilya Dvorkin, Associate, Debevoise & Plimpton
10.50 Morning coffee
11.20 The new engine market
• New engines
• New technologies – environment vs performance
• New issues: PMA, OEM support, upgrades
• Opportunities in the Russian market
• New problems – managing asset values and maintenance in Russia
Steve M. Agnelli, Vice President, Commercial Engines and Services, Europe,
Middle East, Africa, Russia & CIS, Pratt & Whitney
Lionel Gobert, Sales Director for Russia, CIS and Northern Europe, CFM
Jean Paul Ebanga, Chief Executive Officer and Chairman, PowerJet
11.50 Infrastructure – can it keep up with the rapidly growing aerospace industry?
• Training and flight simulation requirements
– will these be met and how?
• Crew and support services – how much of a shortage is there?
• Opportunities for foreign companies – how much is being done in-house
• Will Russia meet ICAO requirements?
• Why is the Russian market closed to wetleasing?
Will this change?
• Maintenance – requirements
• Maintenance – what are lessors’ expectations
12.20 Issues relating to the securing of investment for Russian airport renovation and development projects
Fred Strickland, Director – Infrastructure Finance, Raiffeisen Investment
Florence Bachelard-Bakal, Senior Banker, EBRD
Olga Revzina, Partner, Gide Loyrette Nouel
13.00 Lunch
14.20 Panel discussion: Financing options for Russian carriers
• What structures are available to Russian carriers?
• PDP financings
• How lease financings are structured
• Who is lending?
• What alternative sources of capital are available?
Christian McCormick, Chief Executive Officer, Natixis Transport Finance
Lourens Geldenhuys, Head of Asset Financing, Standard Bank Plc
Dominik Thumfart, Managing Director, EMEA Business Head Special Situations / Asset
Finance, Citigroup Global Markets Limited
15.00 Case study: AirUnion
Senior representative, AirUnion
(To be confirmed)
15.40 Afternoon coffee
16.10 Panel discussion: Regional aircraft market outlook
• Certification – will western manufactured aircraft receive certification in Russia?
• What chance for Western regionals?
• Innovating Turboprop to support Russian regional market growth
• Update on the Sukhoi Superjet
Salvatore di Bartolo, Sales Director, ATR
Mark Gilbert, Sales Account Executive,
Bombardier Aerospace
Svetlana Issaeva, Commercial Director,
Sukhoi Civil Aircraft Company
Claudio Cheinquer, Senior Sales Engineer,
Embraer Europe
16.50 Russian cargo outlook
• What are the key routes and who is servicing them?
• Aircraft demand
• Are cargo-conversions a viable option?
• Financing strategies for new and secondhand aircraft
Andrey Kolesnikov, Finance Director, AirBridge Cargo
17.20 Russian manufacturing update
• Are Russian aircraft viable in today’s markets?
• What is the role of the UAC in current markets?
• What is the role of Ilyushin Finance in the context of the UAC?
• Relationship between Russia and Ukraine
- is Antonov production viable?
Alexander Rubtsov, Director General, IFC Leasing
17.50 Chairman’s closing remarks and close of conference