Eddy Pieniazek
Eddy Pieniazek
Speaker
Head of Advisory

Ishka

United Kingdom

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Main Stage

Engines at a Crossroads: USM, Part-Out Economics, and Protecting Residual Value

Florian Krauthoff
VP Sales, Asia Pacific,
Beautech
Paul Ashcroft
Senior Vice President Asia-Pacific,
Aerfin
Jeff Lewis
CEO,
Hanwha Aviation
Moderator
Eddy Pieniazek
Head of Advisory,
Ishka

With engine values at historic highs and supply still constrained, the aviation industry is facing a complex balancing act. Airlines, lessors, and traders must navigate a market where teardown economics, USM availability, and MRO capacity are all in flux—while also safeguarding long-term residual values. This panel will explore how stakeholders are adapting their strategies to manage risk, optimize returns, and ensure asset longevity in a volatile environment.

  • What’s a realistic outlook for OEM delivery volumes through 2026?
  • Residual Value Risk: How are current market conditions—elevated pricing, limited green-time engines, and shop visit delays—impacting long-term residual value assumptions?
  • Teardown & Part-Out Strategy: What’s driving demand for teardown assets, and how are buyers modeling future value in a competitive market?
  • USM Market Trends: How are supply constraints and OEM pricing strategies reshaping the economics of used serviceable material?
  • New Tech vs. Old Tech: Are reliability issues with newer engines (e.g., GTF, LEAP) reinforcing the value of legacy platforms? How does this affect long-term fleet planning?
  • MRO Bottlenecks: How are shop visit delays and capacity shortages influencing engine lifecycle decisions and asset monetization timelines?
  • PMA, STCs & Value Impact: What role do alternative parts and modifications play in the value chain—and how are lessors and airlines managing the associated risks?
Ishka Forums

Private Investor Forum: Unlocking Aviation Finance in Asia

Hui Ling Teo
Team Lead: Corporate and Financial Practice,
Bethel Chambers
Eddy Pieniazek
Head of Advisory,
Ishka
Vicente Alava-Pons
Managing Director,
GOAL Aircraft Leasing

Join a closed-door session with seasoned aviation investors and industry leaders. Hear how they got comfortable with the asset class, compare risk/return profiles with other alternatives, and discover how aviation can fit into your investment strategy.

Exploring the different elements of aviation as an asset class: 

  • Diversification: Aviation assets move differently to traditional equities, real estate, or infrastructure—offering true portfolio diversification.
  • Yield Potential: With global demand for air travel soaring and fleet renewal accelerating, aviation finance can deliver competitive, stable returns.
  • Hard Assets, Real Value: Aircraft are tangible, globally mobile assets with strong collateral value and established secondary markets.
  • Low Correlation: Aviation investments have historically shown low correlation to mainstream financial markets, providing a hedge in volatile times.
  • Access to Growth: Asia-Pacific is set to lead global fleet expansion, making this region the next frontier for aviation investment

Aviation finance is open for business—be among the first to seize the opportunity.