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July/August 2008

Cover Story

2008 Operating Lease Survey: Preparing for a downturn 
While the world suffers an economic crisis of confidence, lessors have made crucial moves to ensure their funding is maintained. Janet Du Chenne reports.

Features

Fuel crisis to change russian aviation 
Consolidation and efficiency were in the air at the 6th Annual Russia Airfinance Conference in Moscow. By Janet Du Chenne.
Are pension funds the new aircraft lessors? 
Aviation's problems have opened the door to a new type of investor, writes Will Roberts.
Spare capital 
The spares leasing market is less dominated by original equipment manufacturers than its engine counterparts. Geoff Hearn looks at whether financiers can benefit.
Lessors target regional jets 
With fuel prices skyrocketing, environmental regulations on the horizon and forecasts of further consolidation, regional jets might not be the best investment for lessors at the moment. Sophie Segal finds out.
The four to watch 
Offshore jurisdictions are stretched to meet demand for aircraft registrations, and the past five years has seen one of the biggest periods of growth in their popularity. Siqalane Taho reports.
Good ground 
It might look like a mirage, but the hundreds of aircraft Evergreen has stored in the desert are for real. Will Roberts investigates.
Fuel effects 
Can low CO2 fuels help save commercial aviation from unwanted regulation and restrictions on its growth? Geoff Hearn investigates.

Editorial

Let's go on holiday 

Legal news

Legal news in brief 
Former Eads boss Forgeard charged with insider trading 
US-EU begin second phase of open-skies negotiations  
Court approves Eos auction 
Silverjet goes into administration 
SAS Norway ordered to pay $26.33 million for industrial espionage 

Deals news

Deals news in brief 
ICBC Leasing closes sale/ leasebacks with CEA 
CIT shares rise after $3bn financing facility 
Genesis acquires 767-300ER 
AerCap confirms sale/leasebacks with TUI 
WestLB shuts Tokyo branch and focuses on transport 
Air One enters KG fund market  
Vought plans IPO to raise $250 million 
Sukhoi and Russian bank sign credit agreements 
Netjets signs deal for 40 Gulfstreams worth $1.9 billion 
Macquarie AirFinance closes sale/leaseback with Interjet 
CLA acquires two A321-200s 
BA to buy L'Avion for $107 million 
AerCap launches $1billion aircraft securitization 

News

Ear to the ground 

Back Page

Do high oil prices warrant lousy airline service? 
High oil prices should not be an excuse for the pursuit of wrong policies, writes Adam Pilarski.

People News

People news in brief 
New partner for Latham & Watkins in Tokyo office 
Forsyth to be chairman of Airservices Australia board 
DAE's Johnson retires  
Promotion at GE Aviation as president moves on 
Awas expanding sales business 
Schaefer moves up at Alaska 
Mason joins CIT as president 

Survey

Benefiting from market conditions 
Henry Hubschman, chief executive officer, Gecas, speaks to Airfinance Journal about aircraft orders, liquidity and having the right assets.