Welcome to the inaugural Ishka Aviation Finance Festival: Asia here in Singapore. Throughout the day, we’ll explore the unique opportunities and challenges shaping aviation finance in the region, connecting industry leaders across airlines, lessors, investors, and lenders. A special thank you to our host sponsor, Standard Chartered, for making this event possible. Let’s collaborate to drive the future of aviation finance in Asia.

Join us for a compelling fireside chat with Singapore Airlines' CFO as we explore how one of the world’s leading airlines is navigating the evolving financial and operational landscape of global aviation.

This session explores the evolving relationship between airlines and lessors as air travel rebounds to pre-pandemic levels. While lessors continue to hold significant sway in the market, traditional lease terms are facing renewed scrutiny. The growing adoption of Flight Hour Maintenance Program (FMP) contracts is beginning to reshape asset liquidity and challenge established norms. With the Asia-Pacific region on the cusp of remarkable fleet expansion, the central question becomes: will airlines find new opportunities to negotiate, or do lessors still firmly control the future of fleet planning?

• "Hell or High Water": Sacred Clause or Outdated Relic? Airlines want flexibility in crisis; lessors defend the clause as essential to financing. Should systemic risk be shared, or are airlines rewriting the rules post-COVID?
• Carve-Outs: Are lessors are conceding on once-untouchable term to accept carve-outs to win a key airline deal?
• FMP Contracts: Are FMPs a fleet strategy evolution or a hidden liability?

Recharge with fresh coffee, light refreshments, and valuable conversation. This is your opportunity to connect with industry peers, catch up with clients, and build new relationships with decision-makers across aviation finance, leasing, and airline strategy. Take this time to exchange insights, explore collaboration opportunities, and set the tone for a productive day ahead.

As volatility persists in interest rates, airline credit, and asset pricing, investors are recalibrating what constitutes a "smart" aviation deployment. While traditional leasing platforms remain attractive, capital is also flowing into emerging strategies—from part-outs to SAF infrastructure to engine leasing platforms and secondary market funds. This session brings together leading institutional and aviation-focused investors to discuss how capital is moving, where risk tolerance stands, and which parts of the aviation value chain are likely to outperform.

How are lender priorities in aviation finance shifting across the globe? As Basel IV prompts European banks to rethink their strategies, are they narrowing their focus or simply changing the way they engage with the sector? Meanwhile, are banks and alternative lenders across APAC poised to fill any gaps and drive new growth, or are they facing their own constraints? This session will explore these questions, compare regional approaches, and consider what the evolving appetite of lenders means for the future of aviation finance.

• Has Basel IV changed banks' risk appetite in aviation finance? Is this different for European and Asian lenders?
• Has this changed the borrowers and asset lenders are targeting? Are the same credits still financeable as before? 
• How are Asian banks trying to grow their business in the sector?
• Is the competitive dynamic between Asian and European lenders evolving? How will this play out over the next 2-3 years?

Fuel Your Afternoon – and Your Network

Join fellow delegates for a relaxed networking lunch, where industry insights continue over shared tables. This is your opportunity to connect with key players from across the aviation finance value chain—airlines, lessors, lenders, and investors—in an informal setting.

Enjoy a curated menu and continue the conversation sparked during the morning sessions. Whether renewing relationships or forging new ones, this lunch is designed to nourish both ideas and connections.

As MRO demand surges across Asia-Pacific, lessors, operators, and MROs are grappling with capacity constraints, rising costs, and increasing technical complexity. This session brings together leaders from across the value chain—including airlines, lessors, and MROs—to explore how the industry is adapting. From redelivery bottlenecks and parts shortages to workforce challenges and digital integration, this panel will unpack the operational realities and strategic responses shaping the MRO landscape in the region.

• Capacity Crunch: Managing the MRO Bottleneck. How MROs are scaling to meet post-COVID demand? How better can stakeholders coordinate and collaborate to reduce downtime?

• Supply Chain & Parts Availability. What is the current shortage of parts and how is that impacting operators and lessors? What innovative procurement strategies are being adopted? How does the industry view PMA parts and DER repairs? 

• Workforce & Talent Pipeline. How are stakeholders addressing the labour shortage across MRO and airline tech ops? Are there any disparities between workforce readiness and regulatory alignment?

• Digital Tools & Predictive Maintenance. How airlines and MROs are leveraging predictive analytics and digital twins? How are challenges in data sharing and integration being addressed? What are stakeholder expectations around digital records and maintenance transperency?

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?

Take a well-earned pause to grab refreshments and reconnect with fellow delegates before the final sessions of the day. This is your chance to follow up on conversations, exchange insights from the morning panels, and make new introductions across the global aviation finance community.

Whether you're finalizing a deal, scouting a partnership, or simply recharging, this break is designed to keep the momentum going—right through to the close of day.

As shifting geopolitical tensions continue to reshape trade flows and capital markets, global aviation is bracing for a new era of economic uncertainty. In this key address, one of the finance industry leading's leading economist will provide a data-driven outlook on global growth, inflation, interest rates, and the ripple effects of protectionist policies. How will macroeconomic headwinds shape investment appetite, airline profitability, and asset values in the months ahead? This session sets the tone for strategic discussions throughout the day.

Join us for an evening of relaxed conversation and premium hospitality as we wrap up the day’s discussions with a dedicated networking reception. Set against the backdrop of Singapore’s skyline, this is your chance to continue conversations in a more informal setting—whether you're reconnecting with old colleagues or forging new partnerships.

Enjoy curated drinks, canapés, and the company of senior leaders from across aviation finance, leasing, investment, and airline strategy - all thanks to the generous support of Bellinger AM!