Exploring investment opportunities in aircraft financing
Guest Writers are not employed, compensated or governed by TD, opinions and statements are from the specific writer directly
As Middle East investors continue to take advantage of growing commercial aircraft financing opportunities, knowing more about the inner workings of aircraft investment will be a key to maximizing participant value, financing executives from aircraft maker, Boeing Company, informed a gathering of regional financial risk management leaders.
This gathering titled ‘Chief Risk Officer (CRO) Aviation Summit’ was a joint initiative with Etihad Airways, and National Bank of Abu Dhabi.
“We sought a diverse group that could talk authoritatively on behalf of investment attractiveness of all large commercial aircraft, and not just those we produce,” said Rich Hammond, senior director for the Middle East, African and South Asia region of Boeing Capital Corporation (BCC).
The Summit dealt with considerations associated with managing aircraft-related lending risk and which are staples of risk management teams – regardless of assets involved – at financial institutions worldwide.
The Middle East is projected to become one of the largest aviation markets in the world over the next two decades with Boeing estimating the region will need 2,370 commercial jet aircraft, with a value of US$470 billion, between now and 2031.