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9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
‘JOIN THE DEBATE’
FROM THE CAPE TOWN CONVENTIONFRAMEWORK TO EASE REPOSSESSING DISTRESSED AIRCRAFTFRAMEWORK TO EASE REPOSSESSING DISTRESSED AIRCRAFT
November 2015
0© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.151 BHG, the ‘ idea factory ’ th ink ing ahead st rategies www.1bluehorizon.com
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
GLOBAL MARKET FORECAST 2014 - 2033A forward-looking view of the air transport sector’s evolution
Airbus & Boeing Global Market Forecast for the next 20 years anticipatesthat air traffic will grow at 4.7 to 5.0 per cent
36 770annually, requiring over 36,770 newpassenger aircraft and freighters at a value of nearly US$ 5.2 trillion.
15,500 of these airplanes (42 percent of allnew deliveries) will replace older, less efficient airplanes;
The remaining 21,270 airplanes will be for thefleet growth, which stimulates expanding in emerging markets and development of innovative airline business models.
1© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
innovative airline business models.
Source: 1BlueHorizon Group Research, Airbus & Boeing Global Market Forecast 2014 - 2033
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
BY 2020, OVER 50% OF A/C UNDER OPERATING LEASE
1970
3,722 a/c17 leased
2020
Forecast
1980
6,037 a/c100 leased
1990
9,160 a/c1 343 leased
2000
15,032 a/c3 717 leased
2010
21,741 a/c7 943 leased17 leased
0.45% Over 50% leased
100 leased1.7%
1,343 leased24.7%
3,717 leased24.7%
7,943 leased36.5%
C G f f
2© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
Source: © 1BlueHorizon Group Research, World Airline Fleet 1970 - 2014
FACT: the Growth of Aircraft Leasing since the 70s is impressive !
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
… WITH MORE NEW AIRCRAFT COMING TO FINANCEFACT: more new aircraft coming to finance than at any time in history…
Narrowbodies 9,610 73.6%
Widebodies 2 612 20 5%Widebodies 2,612 20.5%
Regional 745 5.8%
3© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
Source: 1BlueHorizon Group Research - Order Backlog, Western Built Jets, Pax Usage Only, In Service Only
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
THE ECONOMIC USEFUL LIFE OF A/C (IN THEORY )
US$ per
Year
ECONOMIC OBSOLESCENCE
Years
OBSOLESCENCE
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Source: 1BlueHorizon Group Framework
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
COUNTRY WITH IMPORT A/C RESTRICTIONS
Russia
Kazakhstan UkraineBelarus
MexicoEgypt
Algeria Libya
TurkeyLebanon
Jordan
a a sta(CIS)
Vi
Bangladesh
Bhutan
India
NepalPakistanIran
China
No limit Bolivia
Ecuador
Brazil
Ethiopia NigeriaVietnam
Indonesia
Sri Lanka
No limit.
12 years
15 years
20 years
Bolivia
Notes Algeria, new onlyBrazil: Pax 15 yrs, Cargo 20 yrsBolivia: 25 yrsChi I f l R l & P ti
The age limitations have only started to appear widely in the last three to five years and becoming an increasingly recurrent phenomenonThe downward impact on aircraft valuation will affect both airlines and leasing companies. ‘Lessors will either be forced to charge higher lease rates to take into account the shorter
Comments
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China: Informal Rule & PracticeEcuadaor: Post 1990 onlyPakistan for Cargo
Source: 1BlueHorizon Group Research
g geconomic useful life of the aircraft, or to pay less for the aircraft to ensure they get paid for its depreciation.’
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
NEVER UNDERESTIMATE THE A/C REPOSSESSION
When looking at lease contracts, the most likely time for an issue to occur is not at aircraft delivery or whilst th i ft i b i t d b t t th i t th t ththe aircraft is being operated, but at the point that the asset is returned to the Lessor, at the end of the contract or if the asset has to be repossessed!
LEGAL AND CONTRACTUAL PROTECTIONS
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Source: 1BlueHorizon Group Analysis
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
ONE INSTRUMENT TO MITIGATE THE RISK WITH A/CAircraft financing is associated with RISK… and as per it definition, RISK is the potential of losing something of value, weighed against the potential to gain something of value!
Strategic Risk– Political / Government Intervention / Regulation / Union Negotiations– Global Economic Uncertainty / Terrorism / Military Escalation– Volatile or Seasonal Demand / Tourism
P iti i f th / L C t C titi / P i i
g
– Positioning of the company / Low Cost Competition / Pricing
Financial Risk– Availability of Credit– Adequate Liquidity– Currency Fluctuations / Hedging (Oil and Currency)Currency Fluctuations / Hedging (Oil and Currency)– Fixed Obligations/ debt and other financial commitments– Aircraft financing and Return Conditions
Operational Risk– Hazardous activities
Fli ht ti– Flight operations– New Technology– Maintenance– Human Factors– IT failures, technology and e-commerce
C
THE CAPE TOWN CONVENTION
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Compliance Risk– External Regulations and Legislations
Source: 1BlueHorizon Group Analysis
CONVENTION
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
CONTRACTUAL PROTECTIONS BECAME ESSENTIAL The OPERATOR needs freedom to monetize assets, whereas the LENDER
requires that it remain accessible and in good condition
An aircraft is an item of personal property, can be subject to mortgage, An aircraft is an item of personal property, can be subject to mortgage, conditional sale, lease, trust, possessory liens etc.
Geneva Convention on recognition of rights in aircraft
Many countries have special registries for title and security interests and the need for Perfecting Security in Aircraft was broadly acknowledge and basic questions of international law arise – where to file?
The Cape Town Convention (16 November 2001)
The Protocol to the Convention On International Interests in Mobile E i t M tt S ifi t Ai ft E i t t k ff t 1st M hEquipment on Matters Specific to Aircraft Equipment took effect on 1st March 2006 “Aircraft Protocol”
The Cape Town Convention creates a central international registry of
8© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
Source: 1BlueHorizon Group Research
interests in aircraft
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
BASEL III REGULATORY FRAMEWORK FOR FINANCIERSCapital Requirements Risk Coverage Liquidity Coverage
Capital definition
Minimum capital ratios
Counterparty risk
Trading book and
Liquidity Coverage Ratio
Net Stable Funding Ratio Minimum capital ratios
Capital conservation buffer
Countercyclical buffer
Trading book and securitization
Systemic risk
Net Stable Funding Ratio
Monitoring Tool
Leverage ratio
Reducing risks to creditors is absolutely required for a such challenging industry like the
9© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
Source: 1BlueHorizon Group Research
g y g g yAirline business with low margins to give access to finance at reasonable costs
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
CAPE TOWN CONVENTION AND AIRCRAFT PROTOCOL The Convention on The International Recognition of Rights in Aircraft, 19 June 1948,
“The Geneva Convention”
The Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment, 16 November 2001 “The Cape Town Convention”
The Protocol to the Convention On International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment took effect on 1st March 2006 - “Aircraft Protocol”
Create internationally recognized security interest in aircraft in all contracting States Offer creditor various default remedies and possibilities of expedited relief in an event
f d f ltof default Create an electronic, international registry Access to finance at reasonable costs by reducing risks to creditors
10© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
Source: 1BlueHorizon Group Research
Reduce legal uncertainty caused by differences in national laws
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
CATEGORY OF TRANSACTIONS
Lessee under an aircraft lease
Mortgagor under an aircraft mortgage
Assignor under a security assignment of a lease or other document originally creating an international interestcreating an international interest
Buyer under a conditional sale or hire purchase agreement
Seller under an aircraft purchase agreement or engine contract is situated in p g ga state in which Cape Town is in force. It also applies when the parties have agreed the aircraft or helicopter in question (but not engines which are detached from an aircraft or helicopter) will be registered in one of those states
11© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
Source: 1BlueHorizon Group Research
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
SCOPE OF THE CAPE TOWN CONVENTIONAs international treaty intended to standardize transactions involving movable property (1Aircraft equipment, 2001) the Cape Town Convention is important…
Cape Town is only intended to apply to high-value airframes and engines in civilian use To come within the convention and protocol:civilian use. To come within the convention and protocol:- airframe (when fitted with engines) must be type certified to carry at least
eight persons or goods in excess of 2,730 kilograms and engines must have: - if Jet-propelled at least 1 750 lbs of thrusthave: if Jet propelled, at least 1,750 lbs of thrust
- if turbine-powered or piston-powered, at least 550 take-offshaft horsepower (or its equivalent)
When states ratify Cape Town they can pick yup and chose between provisions they want to adopt
12© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
Source: 1BlueHorizon Group Research
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
CURRENT STATUTS OF CAPE TOWN CONVENTIONPanama
28 JUL 2003Ethiopia
21 NOV 2003Nigeria
16 DEC 2003Pakistan
22 JAN 2004USA
28 OCT 2004Oman
12 MAR 2005Ireland
23 AUG 2005Malaysia
2 NOV 2005Senegal
9 JAN 2006
Af h i t Kenya Mongolia South Africa Colombia Indonesia Mexico Cape Verde Albania
Angola30 APR 2006
IndiaAfghanistan23 JUL 2006
Kenya13 OCT 2006
Mongolia19 OCT 2006
South Africa18 JAN 2007
Colombia19 FEB 2007
Indonesia16 MAR 2007
Mexico31 JUL 2007
Cape Verde26 SEP 2007
Albania30 OCT 2007
UAE Saudi Arabia7 JUN 2008
Luxembourg27 JUN 2008
Bangladesh15 DEC 2008
Kazakhstan21 JAN 2009
Cuba28 JAN 2009
Singapore28 JAN 2009
Tanzania30 JAN 2009
China3 FEB 2009
India31 MAR 2008
Togo27 JAN 201029 APR 2008 7 JUN 2008 27 JUN 2008 15 DEC 2008 21 JAN 2009 28 JAN 2009 28 JAN 2009 30 JAN 2009 3 FEB 2009
Rwanda28 JAN 2010
Aruba17 MAY 2010
Sint Maarten17 MAY 2010
Neth. Antilles17 MAY 2010
New Zealand20 JUL 2010
Jordan31 AUG 2010
Malta11 Oct 2010
Norway20 DEC 2010
Cameroon8 JAN 2011
27 JAN 2010
Latvia8 FEB 2011
Russia25 MAY 2011
Tajikistan31 MAY 2011
Belarus28 JUN 2011
Turkey23 AUG 2011
Brazil30 NOV 2011
Myanmar3 DEC 2012
Canada1 APR 2013
Kuwait31 OCT 2013
Bhutan4 JUL 2014
San Marino9 SEP 2014
Vietnam17 SEP 2014
Three protocols to the convention are specific to:1Aircraft equipment (aircraft and aircraft engines); signed in 2001;2Railway equipment; signed in 2007;
AdoptedEvaluated by ECA, under consideration by OECDQualifying declarations but implementation issues
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Note: As of November 2014, the convention has been ratified by 62 states as well as the European Union.Source: 1BlueHorizon Group Research
2Railway equipment; signed in 2007;3Space assets; signed in 2012.
Qualifying declarations, but implementation issuesQualifying declarations not adopted
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
CREATING AN INTERNATIONAL INTEREST
In Writing
Person creating has power to dispose the aircraft object
Agreement must enable the object to be identified
Convention solely covers debtors situated in a contracting State
Location of the creditor irrelevant
REGISTRATION Single web-based International Registry open 24/7
Registry based in Ireland
Interests subject to a simple priority regime whose main principles are:- registered interests beat unregistered- earlier registrations beat registrations and- the parties can vary priorities by registering subordination arrangements
14© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
Source: 1BlueHorizon Group Research
at the International Registry.
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
DEFAULT REMEDIES AND INSOLVENCY
DEFAULT REMEDIES R i i l h d i i f h i f d i d h i l Repossession involves the deregistration of the aircraft and its export and physical
transfer from the territory in which it is situated (Article 9 (1) )
Request for deregistration and export recorded under an “irrevocable deregistration d t t th i ti ” (IDERA)and export request authorization” (IDERA)
THREE INSOLVENCY REGIME DECLARATIONS Alternative A - generous to creditor
Alternative B
If the ratifying state opts to keep its own insolvency laws, financiers' rights on insolvency will depend on how pro-creditor that state’s insolvency laws are
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Source: 1BlueHorizon Group Research
insolvency laws are.
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
FROM REPOSSESSION TO DEREGISTRATION
1 - REPOSSESSION Important consideration for lessor how to best protect their investment in event of default
during the term of the transactionduring the term of the transaction
2 - RECONFIGURATION Aircraft will need work to be put in an attractive condition for potential lessees Aircraft will need work to be put in an attractive condition for potential lessees
3 - REMARKETING If Lessee defaulted, the aircraft will need to be delivered on lease to a new customer to
generate revenue
4 - DEREGISTRATION Repossession involves the deregistration of the aircraft and its export and physical transfer
from the territory in which it is situated (Article 9 (1) ) Request for deregistration and export recorded under an “irrevocable deregistration and export
request authorization” (IDERA)
16© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
Source: 1BlueHorizon Group Research
request authorization (IDERA)
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
BENEFIT OF THE CAPE TOWN CONVENTION
FOR THE LESSOR Bring speed, certainty and cost savings to the process of
repossessing aircraft and engines on an insolvency or other default where these assets are in a country whose legaldefault where these assets are in a country whose legal system would otherwise give cause for concern;
Protect the parties’ title and security interests in aircraft and p yengines.
FOR THE LESSEEFOR THE LESSEE Hope is that benefits for financiers will result in reduced finance costs to
airlines.
17© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
Source: 1BlueHorizon Group Research
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
Join the debate that is whyJoin the debate, that is why you’re here…
SHOUKRAN - THANK YOU - MERCI -SPASIBA - GRACIAS - XIE XIE
Any clarifications or questions regarding this document should be addressed to:Any clarifications or questions regarding this document should be addressed to:
LEONARD FAVREPartner, Group Managing Director
1BlueHorizon GroupP.O. Box 34154 M +971 50 6164007 (U.A.E.)Abu Dhabi M +41 79 2080256 (Switzerland)United Arab Emirates leof007
leo@1bluehorizon.comwww.1bluehorizon.com
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Abu Dhabi | Bern | London | Montreal | Paris
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
DISCLAIMER© 1BlueHorizon Group®. All rights reserved. Without the prior written consent of 1BlueHorizon Group®, it is not permitted to modify this document or create derivative works. High quality global airline industry insight requires investment. Please do not cut & paste the document. Email info@1bluehorizon.com to get / buy additional rights.The information and opinions contained in this presentation and any other are material discussed verbally are provided as at the date ofThe information and opinions contained in this presentation and any other are material discussed verbally are provided as at the date of this presentation and are subject to verification, completion and change without notice. In giving this presentation, neither the Company nor its advisers and/or agents undertakes any obligation to provide the recipient with access to any additional information or to update this presentation or any additional information or to correct any inaccuracies in any such information which may become apparent.
Conflict of InterestThere is no conflict of interest. 1BlueHorizon Group® makes use of internal tests. In case it might come to a conflict of interest we will inform dedicated directors in due course.
LEONARD FAVRE - Partner, Managing Director Email: leo@1bluehorizon.comAbu Dhabi (U.A.E.) & Bern (Switzerland)A strategic thinker with 20+ years progressive experience as experienced senior management advisor or in senior executive roles in the Aviation, Aerospace & Defense industry. He started his involvement in this particular field of business as Chief Financial Officer of the Swiss Ministry of Defense and later on when the Swiss National carrier Swissair collapse in 2001 as one of the Swiss Ministry of Economy adviser.
Professional background (highlights) Chairman Advisor for an Airline Start-up in the Middle East and MRO infrastructure in Europe Chief Restructuring Officer for a family conglomerate, managing a fleet of more than 20 aircraft (wet lease, charter and re-marketing); Director Enterprise Improvement for AlixPartner LLP, part of the core team restructuring a major Middle East airline for fleet and strategy; Vice-President Business Development & Strategy for Maximus Air in Abu Dhabi, where he managed the wet lease fleet (ACMI & Charter) and
19© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
developed it into a leading Middle-East brand through the improvement of operational capabilities and fleet management; Senior Associate with Booz Allen Hamilton where he directed successfully, major start-up airline projects in the Middle-East and Europe.
Note: Detailed References upon request
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAEP R O P R I E T A R Y I N F O R M AT I O N
SOLUTIONS PACK
1BLUEHORIZON GROUPGENERATING THRUST TO PROPEL YOUR BUSINESS FURTHERGENERATING THRUST TO PROPEL YOUR BUSINESS FURTHER...
December 2014
A s s e t M a n a g e m e n t | M a n a g e m e n t C o n s u l t i n g | I n t e r i m M a n a g e m e n t
20© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15We generate 1B l u eHo r i z on ® out of the Rough... www.1bluehorizon.com
A b u D h a b i | B e r n | L o n d o n | M o n t r e a l | M o s c o w | P a r i s
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
1BlueHorizon Group® value proposition is simple — Going the Extra Mile by generating trust to propel your business further
P R O P R I E T A R Y I N F O R M AT I O N
g g p p y
O 1BlueHorizon Group® (Asset Management | Management Consulting | Interim Management) was established in 2007 as a network of International aviation professionals, providing objective, independent, evidence-based analysis, advice and implementation support. We build on the experience of our team to help clients realize real and measurable results , quickly. Start-ups, restructuring, cost cutting, project management office, due-diligence or exploiting growth opportunities, we have experts who have faced these challenges.
O Our highly competent seasoned senior professional have experience from leading companies in both management roles within their disciplines and as senior level professional advisors throughout diversemanagement roles within their disciplines and as senior level professional advisors throughout diverse and complex locations in the Middle East, Europe, Africa, Asia Pacific and North America.
O Privately owned, 1BlueHorizon Group® is independent of any financial institution, manufacturer, operator, insurance company or maintenance provider assuring our clients the benefit of truly unbiased comprehensive and flexible provision of serviceunbiased, comprehensive and flexible provision of service.
O 1BlueHorizon Group® believes in working closely with client staff to transferour knowledge and experience, which means 1BlueHorizon Group® continuesto deliver value long after the project is complete.
O A unique blend of languages age groups cultural backgrounds and skillsO A unique blend of languages, age groups, cultural backgrounds and skills qualifies 1BlueHorizon Group® to provide turnkey solutions for any and all of your aviation requirements - worldwide.
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Source: © 1BlueHorizon Group | Corporate profile
to suit the geographical scope and needs of our customers.
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
For the last ten years we have been actively involved with our Senior personnel in major airlines, start-ups or Economic development ventures
P R O P R I E T A R Y I N F O R M AT I O N
personnel in major airlines, start ups or Economic development ventures
Wataniya Airways - Chairman Mr. Abdulsalam Al Bahar with Mrs Ghaida Abdul Latif, vice chairman –
director general & CEO of Syrian Arab Airlines.
Flydubai - CEO Mr. Ghaith Al GhaithHis Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of the Dubai Civil Aviation
Authority, Chairman of Dubai Airports, Chairman & Chief Executive of Emirates Airline & Group
H.E. Mohamed Hamad bin Azzan Al Mazrouei WRDC's Director General and
Democratic Republic in Congo (Transport)A O C i I di
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Gulf Air - Ex CEO Samer Majali Mazrouei, WRDC s Director General and Acting Under Secretary of the Court of the Ruler's Representative in the Western Region (al Gharbia)
of Abu Dhabi Emirate
AerospaceOne Company in IndiaJet Green in PakistanAbabeel Air in Libya
Note: Detailed references upon request
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
1BlueHorizon Group® three dedicated Practices are built to propel clients business further with a comprehensive approach ahead of strategies
P R O P R I E T A R Y I N F O R M AT I O N
The 1BlueHorizon® difference
bus ess u t e t a co p e e s e app oac a ead o st ateg es
GENERATING THRUST TO PROPEL YOUR BUSINESS FURTHER...
Asset Management
The Asset Management (AM) Practice works individually with each of our
Performance improvementQuick results / Hands-on
Management
The Interim Management
yclients to develop creative strategies and solutions for all types of aviation equipment, with innovative financing models.…
Turnkey solutionsKnowledge transfer
Ahead of Strategies…
InterimManage-
ment
The Management Consulting (MC) Practice is our ability to strike a rapport working side by side with you and quickly
g(IM) Practice help you by giving comfort and control with relevant seasoned advisors whenever and wherever they are needed… Whereas a managementmentManaging
Consulting
with you and quickly understanding what you need when the margin of error is thin… Providing a highly targeted surgical strike (to-the-point) to improve de performance and
Whereas a management consultant provides an advisory role, Interim managers with performance improvement focus are directly responsible in delivering quick results
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improve de performance and going the extra mile…
delivering quick results, visible and measurable...
Source: © 1BlueHorizon Group | Practices
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
1BHG® Business model dedicated to particular Sectors is built around three Practices providing clients with turnkey solutions to maximize Value Creation
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Shareholders and management
Practices providing clients with turnkey solutions to maximize Value Creation
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Management ConsultingOperational Improvement
Asset ManagementFleet Strategy & Planning
Interim ManagementKnowledge transfer
gof companies with specialized
needs often choose 1BHG for our unique custom turnkey solutions. If you want a business plan or a feasibility study to assess the case, or your are burning cash
Our understanding of operational improvement is quite simple:
Whereas restructuring is about stabilizing a company and fixing how it does things, operational i t i b t i
With our Fleet Solutions, we can help you expand your fleet,
transition from older models to newer aircraft types, or provide interim capacity. We back our support with a global team of
Finding talent is difficult even at the best of time. Finding
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case, or your are burning cash and running into trouble, or seek
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or looking for an interim management solution…
® improvement is about seeing a company through the
transformation of becoming more competitive – going the Extra
Mile.
support with a global team of technical experts and industry
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manager to manage a period of transition, crisis or change within
an organization or to take on critical projects or senior
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1BlueHorizon Group® highly competent seasoned professional
will assist you to propel your business further… Going the
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Source: © 1BlueHorizon Group | Business model with Sectors (Horizontals) & Practices (Verticals)
… no matter how complex the issues are!
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
Our three Sectors expertise covers the entire breadth of the Aviation andDefense sector, Economic development and Family conglomerates
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Airline
Airport General aviation Feasibility, Business PlanO ti I t
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S l
Operations Improvement Merger & Acquisitions Due Diligence Fleet Planning
Logistic, Cargo, GH Sales
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Family conglomerate
Restructuring MRO, Aerospace & Defence
Performance Management
Aerospace & Defence
Business review Investment strategy The family element
Organization and Change Management
Cluster strategy Project Management office Public–private partnership
(PPP)
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Source: © 1BlueHorizon Group | Core competencies in the main three Sectors
… and our clients well recognize this!
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
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"In each project step, we could clearly identify necessary change
“1BHG guys are implementation -oriented and their cooperationwith my people is very good "
could clearly identify 1BHG's added value and improve the overall bottom line"
THE ONLY WAY TO DO GREAT WORK IS TO LOVE WHAT WE DO…A MILE OF RUNWAY WILL TAKE YOU ANYWHERE
26© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
NO ONE HAS EVER COLLIDED WITH THE SKYNote: A list of qualifications is made available separately
9th International Repossession Conference – Dubai – Sofitel Dubai Jumeirah Beach Residence, UAE
27© 2015 1BlueHorizon Group - www.1bluehorizon.com Al l r ights reserved1BHG | Aeropodium Conference Aircraft Repossession 05.11.15
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