The Airline Economics Growth Frontiers Dublin has been the aviation industry’s best event for the last four years and 2017’s event took it to a new level.
It’s safe to say that this year’s event was the most successful yet, and attracted delegates and participants from all around the world. This year attracted:
- Over 20 sponsors
- Over 500 delegates, and
- Over 80 airlines
“I have been very happy to endorse and continually support the annual Airline Economics Conferences in Dublin and Hong Kong, together with the upcoming Airline Economics Conference in New York in October 2017, which are excellently organised by Philip and his team,” said Rodney O’Rourke, Managing Director of Cafico International.
The conference focused on current trends and issues facing private equity and hedge funds with respect to aviation investments, including aircraft leasing and asset financing services. The conference also examined issuer and investor expectations, various investment structures and the tax implications for such structures.
The event featured excellent presentations from recognized leaders in the industry.
Keynote Speaker Aengus Kelly, CEO and Executive Director, AerCap Holdings provided some insight about the state of industry and trends for 2017:
- Airline industry profits reached $35.6 billion in 2016 and are forecasted at $29.8 billion in 2017.
- Airlines’ profitability expected to continue to drive capacity increases.
- Airlines need over 39,600 new aircraft. Airlines and lessors are expected to receive 5 new aircraft every day for the next 20 years.
- Availability of aircraft leasing and financing remains robust with receptive Capital Markets.
- Middle class is growing and flying and the world’s emerging middle class lives in Asia Pacific.
- Strong passenger traffic and stable demand for aircraft into 2017.
Rodney O’Rourke and the Cafico International team look forward to being part of the next conference.
Rodney shares insights from his 20 years’ experience working in the legal and accounting industries with both Irish and international companies. As Managing Director at Cafico International, Rodney regularly works with international companies in the technology, pharma, aviation and insurance industries that are seeking to establish operations in Ireland, assisting them with the management of their projects, and compliance with their fiscal and legal responsibilities.
To learn how Cafico International can help your business expand to Ireland, get in touch with Rodney today.