IATA MCC – Singapore 2011

THANOS PASCALIS

CEO

Who we Are

New Airline ? (2009)

Day 1: 220 flights

4 Months to prepare

Leasing Regional A/C

Different Business?

Location – Airline - Financing

Stability – Values - Market

Few Players – Equipment?

H/C ratio – events?

Why Buy?

Export Credit

Exposure - Option Credits

Accounts - Support

Customization

Asset + slots

Why Lease?

Capital Costs

Flexibility

Availability

Core Business?

Leasing Maintenance Issues:

A Leased Unit is $$ than

an Owned Unit

Reasons?

GOALS?

Delivery Conditions

Mostly Your Responsibility

Paint – (scribe marks)

Operations

Parts/training/Mods

Maint. Reserves:

Claims Def. + Proc

LLP

Workscope

Interest

Return of Funds

Optimization of Maintenance

Use of all Tools (PMA+)

AD Share, Mods (again)

Redelivery Conditions

Paint strip - BtoB

Improvements

Redelivery Conditions

C Check

Engines + APU

Repairs

{Exports – Reg}

Our Industry!

Absolute Commitment to Safety

All about Risk! But,

Yet again, all About

Common Sense

ATR L/G

APU A319

SOLUTION:

Max Use – Natural

Expiry – All avenues

Gold Service Lessor?

Flying in Greece!

Flying in Greece!