航空租赁草案分析

一、航空租赁行

AerCap(NYSE: AirLeaseCorp(NYSE: AirLeaseCorp(NYSE: AirCastle(NYSE:AirCastle(NYSE: CALC 二、EmbraerE170/190系列飞Embraer-170/190业公司在二十一世纪开发的新一代喷气产品，于2003年首次投入运营。至20131000类似大提升客舱宽裕度，客舱座椅宽度及过道宽度皆优于A2，B737飞在E成，分別是E17E17、E190和E197E图（）：E-Jet系列累计订单source:在中国市场，海航集团下属的天津航空运营着50架E190飞机（通过海航集团用E190飞机。图：Aldus机队配比与Embraer全球机队现有的架AirLeaseAldus潜在二手交易市场和客户最少的E195流动性较差。Theoperatorbasebyregionshowsthatthereisadistinctvariation.TheNorthAmericanmarketisconstrainedbyscopeclause(contractagreementswiththemainlinepilotswhichrestrictsizeandnumbersofaircraftallowedtobeflownbyregionalpartners),sothepopulationinthatregionisfocussedonthemid-sizeOnlythreeoperatorsinNorthAmerica,JetBlue,AirCanadaandUSAirways,areabletoflyE190swithmainlinepilots.AsiaPacificisveryfocussedontheE190whilethebiasinEuropeistowardsthelargerE190/195althoughthesmallermodelsalsohavearole.LatinAmericabycontrasthasalmostexclusivelyanE190/195fleet. 庞巴迪CRJ系列（1999年首飞，至今全球交付约700架，国内三菱MRJ（2017付市场现有的竞争机型只有庞巴迪CRJ系列。优点：运营成本低于E-jet；缺点：未来竞争机型：MRJ、E2系列预计交付时间均为数年后，且其机队形成一定数在未来将更青睐同为Embraer公司制造的E2系列。中国商飞制造的ARJ21“翔凤”支线飞机，两个型号分别为80座级和100座级，与E-Jet系列直接竞争。该机型于2002年开始研发，但由于技术问题使得因，该机型可能E-Jet系列拓展中国市场造成一定影响。但翔凤系列仅有80ARJE2面，ARJEmbraer100E-JetE22033亚太（除中国中Embraer公司在小型喷气机市场仍将占有主导地位。但中国商飞和苏霍伊支线航空在欧洲和美国发展较早，目前已趋于成熟。未来对小型飞机的需求将有50%为置换需求，包括小型喷气式飞机置换，以及螺旋桨飞机向喷气式图：小型飞机在中国航空业渗透率较中国5.04%），254%，17%（合计22.85%）B737/A320E在国内，哈飞集团和Embraer公司合资的哈飞安博威公司目前生产母公司的作为国产飞机，在价格和政策方面将会在国内市场对Embraer系列构成竞争。三、Aldus持了良好的关系。在EmbraerE-jet系列的现有订单中，Aldus占比为Chair:PhilipBolger,61,joinedin13yearsatGuinnessPeatAviation(GPA),ultimatelyasDeputyChiefExecutive–Leasing.HeadofMarketingandlaterHeadofUnderwritingatGECapitalAviationServices(GECAS-ShannonandStamford,CT).SetuptheleasingbusinessofPembrokeCapital5-yearperiodatboutiquearranger,SpectrumCapital(Greenwich,JoinedRBSAviationCapitalasCOOandChiefRiskCiaránRedmond,COO,59,co-13yearswithAerLingus,GeneralManager-AvionicsAerospaceGPAGroupasVicePresidentofInformationIn1999,withStephenGorman,hewasresponsibleforestablishinganaircraftleasingandfinancecompany.HeisadirectorandfounderofAviaConsultingShannonLimited.CiaránestablishedAALwithStepheninStephenGorman,CEO,48,co-EstablishedCoronationCapitalLimitedwithintheCoronationGroup.WasafoundingshareholderanddirectorofCoronationCapital,theinvestmentbankingarmoftheGroupandthenestablishedtheoperationsforCoronationinNamibia,IrelandandUK.TogetherwithCiarán,wasresponsibleforestablishinganaircraftfinancing&leasingcompanyanddevelopingaportfolioofenergyassetsfortheCoronationGroupoperatingfromLondon.EstablishedAALwithCiaráninMichaelNorton,non-executive,StartedhiscareerinapredecessortoPriceWaterhouseCooperswherehewasseniorauditpartner.HeldseveralseniorpositionsinternationallywithAngloAmericanFoundingmanagementmemberofEmiratesAirlinesasChiefFinancialStrategicbusinessconsultanttotheaviationsectorandregularlyundertakesworkonbehalfofSITAandvariousairlinesintheMiddleEast,EuropeandtheCaribbean.WorkedwithbothSteveandCiaránonprojectsrelatingtoaircraftfinancingforEmirates.AndrewCameron,Director,54,joinedinInvolvedinthestructuredassetfinanceindustryforover25StartinghiscareerwithHambrosBankbeforeheadinguptheUKleasingarmofManufacturersHanover.In1987heestablishedSynCap,inconjunctionwithDNBBank,asanarrangerandpackagerofdomesticUKtaxbasedfinancingsandcrossborderleverageleasefacilities.SynCapisoneoftheleadingarrangersandadvisor-packagersofshipandaircraftfinancing.ValentineFlynn,Director,56,joinedinLeasingindustryveteranwithnearly30years’experienceinstructuringandarrangingbigticketassetfinance.Multiassetclassexposureincludingrail,shipping,aviation,JoinedBrownShipley’sleasingbusiness,NationalLeasing&Finance,oneoftheleadingleasingboutiquesinLondonDirectorNationalLeasingandFinance,DenNorskeBank;SeaScopeSetupSyncapwithAndrewCameronand团队成员具有长期在租赁行业工作的S）最大的飞机租赁公司。且多名成员拥有创业经验创立租赁公司的。客客LOT波兰航空2/Flybe英国4/Alitalia意大利航空5/Regional(法国，法航子公司3/Azul巴西3/AeroMexico墨西哥航空2/亚V