Ken Newton - Director of Supply Chain Management, Alaska Airlines
In this conversation, Ken Newton shares his extensive experience in the aviation industry, detailing his journey from the Marine Corps to Alaska Airlines. He discusses the evolution of Alaska Airlines, the importance of safety culture, and the challenges faced during mergers and integrations. Ken also addresses the current state of engine technology, supply chain challenges, and the future of the airline industry as he prepares for retirement.Ken discusses his path through the Marine Corps, Flying Tigers, FedEx, and Alaska Airlines. The conversation focuses on engines, including Ken's experience with the CFM56 and the new LEAP-1B. We also discuss the future of engine programs, reliability, and fuel burn.
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1:34:10
David Chaimovitz - CEO, Setna IO
David shares his journey in the aviation industry, detailing his transition from a sales assistant to the founder of Setna IO. He discusses the challenges faced during the COVID-19 pandemic, the strategic decisions made to navigate the crisis, and the subsequent growth of his company. Chaimovitz emphasizes the importance of understanding the market, building relationships, and maintaining a proactive approach in business. He also shares insights on the future of the aviation industry and the potential for continued growth despite challenges. David discusses the intricacies of managing aircraft parts and the MRO business, emphasizing the importance of data-driven decision-making and understanding market dynamics. He highlights the challenges faced in the industry, including the complexities of aircraft tear down and parts recovery, and the need for diverse buyer perspectives. Additionally, Chaimovitz shares insights on how population trends may impact the aviation industry and offers a future outlook for his company and the sector as a whole.
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1:36:49
Evan Wallach - Co-CEO, Global Air Finance Services
Evan details his journey through various roles in aircraft financing and consulting. We discuss the evolution of the aviation industry, the impact of financial innovations, and the significant changes brought about by events like 9/11. The speaker also highlights their recent work in forecasting and consulting within the aircraft ABS market, showcasing their expertise and insights into the industry's future. This conversation delves into the complexities of the aviation finance market, focusing on the dynamics of asset-backed securities (ABS) and the evolving landscape post-COVID. The speakers discuss investment opportunities, the impact of global events on aviation, and the resilience of the industry amidst various crises. They also explore the differences between current ABS structures and those from the past, highlighting the importance of cash flow certainty and the potential for innovative financing solutions for lessors. In this conversation, the speakers delve into the current state of the aircraft ABS market, discussing innovative leasing structures, the impact of COVID-19, and future trends in aircraft valuation. They explore the dynamics of secondary trading, risk assessment in investments, and the implications of changing lease structures on the market. The discussion highlights the importance of understanding market trends and the potential opportunities that arise in the evolving landscape of aviation finance.
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1:25:30
Mark Streeter and Jamie Baker talk 2024 and 2025
We welcome back Mark Streeter and Jamie Baker from JP Morgan Chase. We discuss what happened in 2024 and what's likely to happen in 2025 in commercial aviation.The conversation provides a comprehensive update on the airline industry, focusing on market trends, capacity discipline, leasing strategies, and financial maneuvers such as sale leasebacks. The speakers discuss the implications of these factors for 2024 and beyond, highlighting the evolving dynamics of the airline market and the influence of OEMs on capacity and leasing strategies. They also reflect on unexpected developments in aircraft recovery and the overall financial health of airlines. In this conversation, the speakers delve into the complexities of airline profitability, particularly focusing on Spirit Airlines and its challenges in competing with major players like Delta. They discuss the evolving business models in the airline industry, emphasizing the shift from traditional loyalty programs to more currency-like systems. The conversation also touches on consumer behavior, the changing dynamics of airline club experiences, and the cultural value that airlines like Southwest bring to the table. Looking ahead to 2025, the speakers share their predictions for the industry, highlighting potential shifts and opportunities.
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1:06:21
Time on Wing - Mike Platt and John Shavinsky, Jumpseat Advisor
https://jumpseatadvisor.com/In this conversation, Mike Platt and John Shavinsky share their diverse backgrounds in aviation, discussing their journeys from engineering to legal roles and the evolution of the aviation industry. They delve into the complexities of aircraft leasing, the challenges faced by airlines today, and the implications of current market dynamics on future aircraft orders. The discussion highlights the importance of experience and knowledge in navigating the aviation landscape, especially in light of recent industry changes. This conversation delves into the complexities of the aircraft leasing market, exploring the challenges faced by airlines and lessors in a rapidly changing economic landscape. The discussion highlights the long-term implications of aircraft orders, the competitive nature of leasing, and the need for flexibility in contracts. The speakers also reflect on the future of aircraft technology and the importance of strategic planning in the face of uncertainty. In this conversation, the speakers delve into the complexities of the aircraft leasing market, discussing the challenges of maintenance, the dynamics of aircraft pricing, and the future of airline economics. They explore the implications of rising costs for airlines, particularly in the context of Air India's growth and the broader aviation market. The discussion also touches on the role of lessors in managing aircraft and the challenges faced by OEMs in meeting delivery demands. Overall, the conversation provides valuable insights into the current state and future outlook of the aviation industry.
Ireland