20 October 2026
Main Stage
Main Stage

Fireside Chat with David Neeleman | The Future of Airline Business Models: An Entrepreneurial View

David Neeleman
Founder & CEO,
Breeze Airways
Moderator
Madalyn Miller
Partner,
Gibson Dunn
  • Insolvencies, mergers and acquisitions: flight to scale or fight for survival? What’s the likelihood of more airline M&A?  
  • What airline business models will struggle in the current operating environment?   
  • How are investors looking at airline equity now? Should we expect more cases like easyJet?
The Ishka Accelerator Training Programme

Capital Markets Accelerator Module

William Glaister
Principal,
New Bridge AeroFinance
Gemma Loder
Executive Vice President & Head of Capital Markets,
Jackson Square Aviation

Exclusively for registered Accelerator participants. Space is limited but if you wish to apply, please contact dixie.rowley@ishkaairfinance.com

Main Stage

Competing for Capital: What Does Aviation Need to Attract More Institutional Investors?

Emily Wilson
Managing Director,
AB CarVal
Thomas De Angelis
Principal,
KKR
Brent Tasugi
Managing Director - Transportation & Logistics,
I Squared Capital
Vasgen Edwards
Managing Director Capital Markets and Outreach,
Boeing
Elizabeth Lapastora
Director, Asset-Backed Finance,
Mutual of Omaha
Moderator
David Berkery
Partner,
Vinson & Elkins
  • What appeals about aviation as an asset class to institutional investors? How has that investment case been made internally?  
  • What could attract new investment from institutional to the space? How do return profiles differ to other asset classes? 
  • What are the perceived risks in aviation? 
  • How have aviation returns fared across cycles?  
  • Deploying capital: are there enough of the right opportunities for more institutional capital in aviation? 
Pre Registered Forum: Grid Suite

Financing Aviation in Latin America: Products, Credit & Capital

Hosted by MUFG, this workshop will explore how airlines across Latin America are financing fleet growth and what funding options are realistically available across the region. The discussion will examine how airline credit, access to capital and fleet strategy are evolving, and what this means for the next generation of aircraft financing.

Topics include:

  • How should airlines approach fleet financing in today's Latin American market?
  • Which financing products are available, and which airlines can realistically access them?
  • How do airlines determine the right balance between ownership and leasing?
  • What role do products such as JOLCOs, secured debt and capital markets play across the region?
  • How should investors and lenders assess airline creditworthiness in Latin America?
  • Has access to financing improved, and what still needs to change?

Pre Registered Forum: Cover Suite

Structuring for the Lifecycle of a Deal

Joe O'Mara
Tax Partner,
KPMG
Gavin Sheehan
Partner, Transaction Services,
KPMG

Join KPMG for an interactive workshop exploring how investment and financing structures should evolve throughout the lifecycle of an aviation transaction. From the initial acquisition and structuring phase through to portfolio management and eventual exit, the session will examine the key considerations that can influence long-term value creation.

The workshop will explore:

  • How should investors think about structuring transactions from day one?
  • What factors can influence the long-term success of an investment?
  • How do financing structures evolve over the lifecycle of a deal?
  • What should investors be considering when planning for potential exit strategies?
  • How can different structures support changing investment objectives over time?

Designed primarily for investors, private equity firms and lessors, this closed-door discussion will provide a practical look at the strategic decisions that shape aviation investments throughout their lifecycle.

Main Stage

View from the C-Suite: How Do Top Executives See the Market?

Rupert Leggett
CEO,
FPG Amentum
David Houlihan
President,
DAE Capital
Kevin Milligan
CEO,
Crestone Air Partners
Mark Hughes
Chief Commercial Officer,
Falko
Paul Boyle
Chief Commercial Officer,
Avilease
Moderator
Tim O'Connell
Partner,
Grant Thornton

This session brings together senior C-suite executives from across the aviation industry to share their outlook on the market and the strategic decisions shaping the years ahead. From trading activity and M&A to airline credit risk, geopolitical uncertainty and long-term investment opportunities, hear how industry leaders are navigating today's challenges and where they see the greatest opportunities for growth and returns.

The Ishka Accelerator Training Programme

Lease Negotiation & Structuring Accelerator Module

Brian Rynott
Principal, Global Civil Aviation,
Korn Ferry
Asad Shaikh
Senior Vice President - Corporate Finance & Treasurer,
Allegiant Air

Exclusively for registered Accelerator participants. Space is limited but if you wish to apply, please contact dixie.rowley@ishkaairfinance.com

Main Stage

Networking Break

A relaxed networking break to reconnect, exchange ideas and build new relationships.

Pre Registered Forum: Grid Suite

Inside an Aviation ABS: From Origination to Closing

Michael Lepri
Senior Director, Commercial ABS,
KBRA
Kalash Pandey
Managing Director,
Goldman Sachs
Freyda Mechlowicz
Partner,
Milbank
Kartik Iyer
SVP,
PIMCO
Moderator
Robert Cassidy
Director,
PAFS Ireland Ltd

Join PAFS Ireland and the key participants behind an aviation ABS transaction as they walk through each stage of the process, from structuring the deal through to closing and ongoing servicing.

The workshop will cover:

  • How does an aviation ABS transaction come together from start to finish?
  • What role does each party play, including the issuer, servicer, structuring bank, legal counsel and rating agency?
  • What makes a portfolio suitable for securitisation?
  • How is an aviation ABS structured and what are the key considerations?
  • How does the rating agency process work, and what do rating agencies look for when assessing a transaction?
  • What do investors look for before committing capital?
  • What happens after the deal closes, and how is the portfolio managed throughout its life?’

Pre Registered Forum: Cover Suite

The Aircraft Investment Challenge: Data, Assumptions and Pricing

Konrad Blocher
Chief Executive Officer,
Flyward

What does it really take to turn a set of aircraft documents into an investment decision?

In this interactive session, participants will work through a real-world aircraft transaction scenario, using technical, contractual and financial information to assess the asset, test assumptions and build a pricing view.

Led by Konrad Blocher, CEO of Flyward, the session will explore how different assumptions can shape the outcome of the same transaction, where friction exists in today’s analytical processes, and which inputs have the greatest impact on an investment decision.

Participants will also explore how new technology, including AI-powered tools, flexible scenario analysis and connected aviation intelligence, is changing the way investors analyse opportunities, reducing manual work, testing assumptions more efficiently and turning fragmented information into decision-ready analysis.

Main Stage

The Next Wave of Obsolescence: What Happens When Today's Midlife Assets Age Out?

Simon Goodson
Chief Executive Officer,
AerFin
David Chaimovitz
CEO,
Setna iO
Vincent Van Tooren
Chief Portfolio Officer,
Crestone Air Partners
Renato Caldo
Head of Appraisers Relations & E-Jets Secondary Market,
Embraer
Paul Sheridan
CEO,
Aergo Capital
Moderator
Alan O'Brien
Partner, Aviation Finance Strategy & Transactions,
EY

  • Is the market underestimating future obsolescence risk across today's most popular midlife assets?  
  • How are delivery delays and engine shortages impacting asset values? Is this likely to change? 
  • How should investors think about residual values, lease extensions and asset lives beyond 2030? What could derail the current midlife investment story? When could the midlife fairy tale come to end?  
  • Where is the tipping point between continued operation and teardown? Has this changed in the investment thesis?
  • What are the most futureproof engine and aircraft types investors should consider for the next decade and beyond?  

The Ishka Accelerator Training Programme

M&A Masterclass Accelerator Module

Jonathan Weinstein
Managing Director - Transportation,
Evercore

Exclusively for registered Accelerator participants. Space is limited but if you wish to apply, please contact dixie.rowley@ishkaairfinance.com

Main Stage

Powering Aviation: Does the Engine Investment Thesis Still Hold Up?

Jeff Lewis
CEO,
Hanwha Aviation
Abdol Moabery
Founder, President & CEO,
GA Telesis
Bobby Janagan
CEO,
Rolls-Royce & Partners Finance
Simon Goodson
Chief Executive Officer,
AerFin
  • Have the commercial realities of engine leasing changed over the past 12 months? What does that mean for Lease Rates? 
  • Are current engine values sustainable or are we seeing temporary scarcity pricing? 
  • Operational realities: How are GTF and supply chain issues reshaping investment decisions? 
  • Where are investors deploying capital across the engine ecosystem? 
  • What does the engine market look like in five years? Is engine leasing more attractive to investors than airframe? 

Pre Registered Forum: Type Suite

Market Stress Test: Aviation Assets in a Higher-Cost World

Kevin Milligan
CEO,
Crestone Air Partners
Vincent Van Tooren
Chief Portfolio Officer,
Crestone Air Partners

With fuel prices, inflation and financing costs putting renewed pressure on aviation, join Crestone Air Partners for a closed-door discussion examining what these pressures mean for airlines, aircraft values and the long-term investment case for aviation assets.

The discussion will explore:

  • Can airlines absorb $150+ jet fuel? Assessing the impact of higher oil prices on airline economics and what previous periods of elevated fuel costs can tell us about the industry's ability to remain profitable and grow.
  • What is really driving today's strong aircraft trading market? Examining the relative impact of OEM production shortfalls, aircraft availability and rising maintenance costs on asset values and trading activity.
  • Is inflation becoming a double-edged sword for aviation? What a prolonged higher-inflation, higher-interest-rate environment could mean for financing costs, asset values and investment returns.

  • The long-term resilience of aviation as an asset class. Where does aviation offer relative value today, and how does the investment case hold up against other asset classes?

Main Stage

The Widebody Deficit: How Cargo Airlines Are Planning for the Next Decade

Guy See
Managing Director,
FedEx
Eamonn Forbes
Chief Commercial Officer,
Titan Aviation Leasing
Bruce Dankberg
Director, Portfolio Management,
Altavair
Andres Fabre
Executive Chairman,
mas
Moderator
Tom Crabtree
Managing Director,
Transport Research Advisory

The air cargo market continues to face a shortage of attractive widebody capacity, forcing operators to rethink fleet growth, aircraft sourcing and capital deployment strategies. As fleet replacement requirements accelerate and competition for aircraft intensifies, how are cargo airlines positioning themselves for the next decade?

Join senior cargo executives and fleet strategists as they discuss where capital is being deployed, which assets look most attractive, and the key challenges shaping future fleet decisions. 

The Ishka Accelerator Training Programme

Mentorship Huddle & Networking Break

Stephanie Loughnane
Director - Aviation Finance Advisory,
PwC
Sarah Conway
Director,
Ashland Place Finance
Laura Ivaskaite
VP Commercial & Investments,
Hanwha Aviation
Benjamin Millard
Executive Director,
Independant
Paul Sheridan
CEO,
Aergo Capital
Vasgen Edwards
Managing Director Capital Markets and Outreach,
Boeing

A chance to hear from aviation experts on their industry tips and tricks and meet the mentors over coffee in a relaxed environment. 

Main Stage

Networking Lunch

Enjoy a networking lunch with industry leaders and take the opportunity to build new connections ahead of the afternoon sessions.

Main Stage

The Ishka View: Airline Profitability & Asset Values

Conor Murphy
Head of Advisory,
Ishka Airfinance

What do airline financial performance and shifting asset values tell us about the state of the aviation market? Ishka’s Head of Advisory, Conor Murphy, shares the latest view from across the market, examining airline profitability, aircraft values and the key trends shaping the outlook for aviation finance and investment.

Pre Registered Forum: Grid Suite

New vs. Used: Where is value in today's aircraft market?

Sven Respondek
Head of Transaction Management, Investor Origination & Business Development,
GOAL Aircraft Leasing
Christian Schloemann
Managing Director,
GOAL Aircraft Leasing

How should investors assess opportunities across new and used aircraft in today's market? Using recent transactions and real-world case studies, GOAL will compare the investment characteristics of both strategies and explore how asset values, financing and credit considerations influence the investment decision.

The forum will explore:

  • New vs. used: Where do the most attractive risk-adjusted investment opportunities sit today, and how does the investment case differ between the two?
  • Financing the investment: How do debt providers approach new versus used aircraft, and what differences are investors seeing in leverage, pricing, covenants and financing terms?
  • Asset value vs. credit risk: How should investors balance the underlying value and liquidity of the aircraft against airline credit when assessing an opportunity?
  • Building the return case: How do lease rates, residual-value assumptions, financing costs and exit strategies impact expected returns across new and used assets?
  • Putting theory into practice: GOAL will draw on recent transactions and case studies to demonstrate how these considerations translate into real investment decisions.’

Pre Registered Forum: Letterpress Suite

Inside the Aftermarket: Where Is Value Being Created in MRO and USM?

Simon Goodson
Chief Executive Officer,
AerFin

As aircraft and engine availability continue to shape the aviation market, the aftermarket remains an increasingly important part of the investment landscape. But where is value really being created across MRO, USM and the wider aircraft lifecycle, and what should investors understand when assessing opportunities in the sector?

Join AerFin for an interactive discussion exploring the commercial, operational and investment dynamics shaping the aftermarket today.

The forum will explore:

  • Where is the opportunity? Examining where value is emerging across MRO, USM, engines and component markets.
  • Beyond the numbers: What should investors consider beyond traditional financial metrics when assessing an aftermarket business or opportunity?
  • Managing supply and demand: How are availability, material demand and changing fleet requirements influencing aftermarket strategies and asset values?
  • Creating long-term value: What differentiates businesses capable of delivering sustainable returns in a technically complex and rapidly evolving market?
  • From strategy to execution: Drawing on real-world experience and case studies to explore how operational and technical decisions ultimately translate into investment outcomes.

Main Stage

Beyond ABS: Understanding the Evolving Aviation Capital Markets

Greg Chianetta
Managing Director,
Kroll
Jeff Craine
Chief Financial Officer,
SkyWorks Holdings, LLC
Marjan Riggi
Managing Partner,
Stage Wing
Jake Gallagher
Managing Director, Head of Aviation Capital Markets,
Castlelake
John Beekman
Chief Financial Officer,
Griffin Global Asset Management
Moderator
Sarah Humpleby
Partner,
Walkers
  • Has ABS become the default capital markets solution for investors?  
  • How will the aviation capital markets evolve as investors get more experienced with the ABS asset class?  
  • What other products could gain prominence beyond traditional ABS? How could this facilitate changing financing structures in the next decade? 
  • Inbound capital: How are private credit funds reshaping aviation finance? Will insurance capital become a larger funding source than banks? 

Main Stage

Aviation M&A: Where Will the Next Deals Come From?

Jonathan Weinstein
Managing Director - Transportation,
Evercore
Joseph Ryan
Managing Director,
Goldman Sachs
Moderator
Laura Mueller
Director of Aviation Finance Intelligence,
Ishka Airfinance
  • Which subsectors are attracting the most acquisition interest today: airlines, leasing, engines, MRO, cargo or private aviation? 
  • Are investors looking for platforms, portfolios or specific assets?
  • How are higher interest rates and financing costs affecting transaction appetite?  
  • What types of businesses are most likely to be acquisition targets over the next 24 months? Will PE start looking at more airlines for their assets, slots and order books?
  • Which areas of aviation remain undervalued? 

Pre Registered Forum: Cover Suite

Investing In Engines Masterclass

Jeff Lewis
CEO,
Hanwha Aviation
Abdol Moabery
Founder, President & CEO,
GA Telesis

Aircraft engines remain one of the most compelling and resilient asset classes in aviation, attracting growing interest from investors seeking long-term value, recurring cash flows and exposure to the expanding aftermarket.

Join Jeff Lewis for an interactive, closed-door discussion exploring the latest investment themes shaping the engine market. The session will examine how investors are assessing opportunities across the engine lifecycle, where capital is being deployed today, and the key trends influencing valuations, leasing strategies and aftermarket demand.

Pre Registered Forum: Type Suite

Breaking Away from the Herd: Finding Value Beyond Narrowbody & Widebody Aircraft

Mark Hughes
Chief Commercial Officer,
Falko

Join Falko for a closed-door discussion exploring the investment case for Small Commercial Aircraft, why investors are increasingly looking beyond traditional narrowbody and widebody assets, and where opportunities could emerge in 2027 and beyond.

Discussion points will include:

  • The value proposition of Small Commercial Aircraft
  • Supply/demand dynamics: How Small Commercial Aircraft retain asset value and generate superior long-term lease returns
  • The benefit of a specialist asset management platform

  • Institutional investor opportunities: 2027 outlook & beyond

Main Stage

The Great Portfolio Rotation: Who Is Buying, Who Is Selling, and Why?

Sven Respondek
Head of Transaction Management, Investor Origination & Business Development,
GOAL Aircraft Leasing
Ed Coughlan
CEO & Co-Founder,
Sirius Aviation Capital
Owen Croucher
Head of Trading,
Genesis
Moderator
Ron Doyle
Tax Partner,
Deloitte Ireland
  • How are lessors thinking about portfolio sales and acquisitions? 
  • Is secondary trading still a seller’s market?
  • What are the bottlenecks for deploying capital?
  • Is there a surplus of capital and a deficit of deals?  

Main Stage

Deal or No Deal: Would You Lend?

Klejda Tirana
Head of Aviation Finance Americas,
Societe Generale
Corina Sylira
Managing Director,
ITASCA MGA
Michael Leonard
Director,
Citi
Alex Roche
Head of Credit,
PK AirFinance
Moderator
Dickon Harris
Editor,
Ishka Airfinance

Back by popular demand, this session puts a panel of lenders and capital providers in the hot seat.

Presented with a series of fictional (but realistic) aviation investment opportunities, the panel must decide whether to commit capital, negotiate better terms, or walk away entirely.

As each scenario unfolds, panelists will reveal the risks, assumptions and red flags that influence investment committee decisions, offering a rare insight into how capital is actually allocated in today's aviation market.

Expect debate, and insights as we discover what separates a great deal from one that never gets approved.

Main Stage

Aircraft Financing Strategy in 2027

Kevin Hawkins
Director - Capital Markets,
Delta
Rob Palmer
Executive VP and Chief Financial Officer,
Porter Airlines
Jesse Johnson
MD Treasury & Corporate Finance,
Allegiant Air
Nicole May
MD, Corporate Finance and Treasury,
American Airlines
Adam Cooperstock
Senior Manager, Corporate Finance,
United Airlines
Moderator
Yevgeniya Levitin
Managing Director - Head of Transportation Finance Americas,
Natixis CIB
  • How has recent geopolitical uncertainty, including the Iran crisis, influenced financing strategies, liquidity planning and fuel hedging?
  • How are airlines assessing the financing options available to them today?
  • What are most appealing financing options and are any becoming unfeasible in 2026/2027?
  • Buy, lease, extend or defer: Is the role of lessors changing in airline financing and fleet strategies?
Main Stage

The Ishka Airfinance Gameshow: Jeopardy!

Mark Streeter
Managing Director,
JP Morgan
Sheila Kahyaoglu
Managing Director, Aerospace & Defence and Airlines Equity Research,
Jefferies LLC
Demi Hueth
Partner,
Vinson & Elkins LLP
Moderator
Jeff Lewis
CEO,
Hanwha Aviation

The Ishka Gameshow is back! Expect plenty of surprises, fierce competition and a memorable finale as we bring the conference to a close. Watch this space...

Main Stage

🏆🎉 Ishka Airfinance 'Deal of the Year' Awards – Sponsored by EY 🎉🏆

Aviation finance’s longest-standing independently adjudicated awards programme is back, proudly sponsored by EY. Winners will be announced live, following judging by former CEOs, board members and senior executives from across the industry.

For more information on the awards and the evening itself, check out the official webpage here.