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<br /> ISSUE FORTY OCTOBER-NOVEMBER 2017<br /> THE LEADING GLOBAL PUBLICATION FOR OPERATORS OF AND INVESTORS IN AIRCRAFT AND ENGINES<br /> From Meeting to Marriage in Months<br /> Tokyo Century buys Aviation Capital Group stake<br /> www.aviationnews-online.com<br /> Global Leaders<br /> in Aviation Finance<br /> kpmg.ie/aviation<br /> © 2015 KPMG, an Irish partnership.<br /> EDITOR’S LETTER<br /> TALKING TRANSPARENCY<br /> VOLUME SEVEN, ISSUE FIVE<br /> October/November 2017<br /> EDITORIAL TEAM<br /> Victoria Tozer-Pennington<br /> victoria@aviationnews-online.com<br /> Philip Tozer-Pennington<br /> philipt@aviationnews-online.com<br /> CONTRIBUTORS<br /> Justin Benson<br /> David Wright<br /> SUBSCRIPTION ENQUIRIES<br /> Annual subscription:<br /> £265 (+VAT where applicable)<br /> John Pennington<br /> john@aviationnews-online.com<br /> ADVERTISING & SPONSOR<a title="Issue 40 Oct/Nov page 1" href="http://viewer.zmags.com/publication/0d0123a7?page=1"> ISSUE FORTY </a> <a title="Issue 40 Oct/Nov page 2" href="http://viewer.zmags.com/publication/0d0123a7?page=2"> Global Leaders in Aviation Finance kpmg.ie/aviat</a> <a title="Issue 40 Oct/Nov page 3" href="http://viewer.zmags.com/publication/0d0123a7?page=3"> EDITOR’S LETTER TALKING TRANSPARENCY </a> <a title="Issue 40 Oct/Nov page 4" href="http://viewer.zmags.com/publication/0d0123a7?page=4"> CONTENTS 1 Talking Transparency Letter from </a> <a title="Issue 40 Oct/Nov page 5" href="http://viewer.zmags.com/publication/0d0123a7?page=5"> BOSTON | SHANNON | LONDON | SINGAPORE SUPP</a> <a title="Issue 40 Oct/Nov page 6" href="http://viewer.zmags.com/publication/0d0123a7?page=6"> NEWS The C Series story continues </a> <a title="Issue 40 Oct/Nov page 7" href="http://viewer.zmags.com/publication/0d0123a7?page=7"> It's about you. Only one MR</a> <a title="Issue 40 Oct/Nov page 8" href="http://viewer.zmags.com/publication/0d0123a7?page=8"> Bombardier, C Series are trademarks of Bombardier</a> <a title="Issue 40 Oct/Nov page 9" href="http://viewer.zmags.com/publication/0d0123a7?page=9"> radical innovator C Series Radical</a> <a title="Issue 40 Oct/Nov page 10" href="http://viewer.zmags.com/publication/0d0123a7?page=10"> NEWS Three ABS deals enter the market Three </a> <a title="Issue 40 Oct/Nov page 11" href="http://viewer.zmags.com/publication/0d0123a7?page=11"> OUR EXPERIENCE DRIVES YOUR EXCELLENCE. </a> <a title="Issue 40 Oct/Nov page 12" href="http://viewer.zmags.com/publication/0d0123a7?page=12"> NEWS UK court rules in favour of Monarch; IAG p</a> <a title="Issue 40 Oct/Nov page 13" href="http://viewer.zmags.com/publication/0d0123a7?page=13"> Above & Beyond With 50 years' experience in avia</a> <a title="Issue 40 Oct/Nov page 14" href="http://viewer.zmags.com/publication/0d0123a7?page=14"> NEWS DVB out with new ABS DVB is in the market </a> <a title="Issue 40 Oct/Nov page 15" href="http://viewer.zmags.com/publication/0d0123a7?page=15"> Global Transportation Finance Global clients. G</a> <a title="Issue 40 Oct/Nov page 16" href="http://viewer.zmags.com/publication/0d0123a7?page=16"> </a> <a title="Issue 40 Oct/Nov page 17" href="http://viewer.zmags.com/publication/0d0123a7?page=17"> www.rolls-royce.com/servicescatalogue In t</a> <a title="Issue 40 Oct/Nov page 18" href="http://viewer.zmags.com/publication/0d0123a7?page=18"> NEWS Air Canada launches new EETC Air Canada </a> <a title="Issue 40 Oct/Nov page 19" href="http://viewer.zmags.com/publication/0d0123a7?page=19"> </a> <a title="Issue 40 Oct/Nov page 20" href="http://viewer.zmags.com/publication/0d0123a7?page=20"> NEWS Amedeo develops new A380 business model In </a> <a title="Issue 40 Oct/Nov page 21" href="http://viewer.zmags.com/publication/0d0123a7?page=21"> </a> <a title="Issue 40 Oct/Nov page 22" href="http://viewer.zmags.com/publication/0d0123a7?page=22"> NEWS Delta issues $450m unsecured notes </a> <a title="Issue 40 Oct/Nov page 23" href="http://viewer.zmags.com/publication/0d0123a7?page=23"> Helping You Reach Your Goals in Aviation Finance </a> <a title="Issue 40 Oct/Nov page 24" href="http://viewer.zmags.com/publication/0d0123a7?page=24"> NEWS Fly Leasing reprices 2012 term loan; close</a> <a title="Issue 40 Oct/Nov page 25" href="http://viewer.zmags.com/publication/0d0123a7?page=25"> </a> <a title="Issue 40 Oct/Nov page 26" href="http://viewer.zmags.com/publication/0d0123a7?page=26"> NEWS Dubai air show orders break records Emirat</a> <a title="Issue 40 Oct/Nov page 27" href="http://viewer.zmags.com/publication/0d0123a7?page=27"> When it matters most: AOG +49 171 4314333 Thrust</a> <a title="Issue 40 Oct/Nov page 28" href="http://viewer.zmags.com/publication/0d0123a7?page=28"> NEWS Avolon finalises order for 75 737 MAXs Avo</a> <a title="Issue 40 Oct/Nov page 29" href="http://viewer.zmags.com/publication/0d0123a7?page=29"> NEWS China signs 300-airplane deal with Boeing </a> <a title="Issue 40 Oct/Nov page 30" href="http://viewer.zmags.com/publication/0d0123a7?page=30"> NEWS Ramki Sundaram launches Airborne Capital R</a> <a title="Issue 40 Oct/Nov page 31" href="http://viewer.zmags.com/publication/0d0123a7?page=31"> …Constructed. Financed. Exported.</a> <a title="Issue 40 Oct/Nov page 32" href="http://viewer.zmags.com/publication/0d0123a7?page=32"> NEWS Airbus, Rolls-Royce and Siemens create ele</a> <a title="Issue 40 Oct/Nov page 33" href="http://viewer.zmags.com/publication/0d0123a7?page=33"> </a> <a title="Issue 40 Oct/Nov page 34" href="http://viewer.zmags.com/publication/0d0123a7?page=34"> NEWS Knittel becomes Chairman and CEO of Airbus</a> <a title="Issue 40 Oct/Nov page 35" href="http://viewer.zmags.com/publication/0d0123a7?page=35"> AIRCRAFT. FINANCING. INVESTMENT. </a> <a title="Issue 40 Oct/Nov page 36" href="http://viewer.zmags.com/publication/0d0123a7?page=36"> NEWS Eric Schulz to succeed John Leahy Airbus h</a> <a title="Issue 40 Oct/Nov page 37" href="http://viewer.zmags.com/publication/0d0123a7?page=37"> AIRCRAFT Leasing | Financing | Asset Management |</a> <a title="Issue 40 Oct/Nov page 38" href="http://viewer.zmags.com/publication/0d0123a7?page=38"> First Meeting to Marriage in Months In September </a> <a title="Issue 40 Oct/Nov page 39" href="http://viewer.zmags.com/publication/0d0123a7?page=39"> AVIATION CAPITAL GROUP AND TOKYO CORPORATION im</a> <a title="Issue 40 Oct/Nov page 40" href="http://viewer.zmags.com/publication/0d0123a7?page=40"> AVIATION CAPITAL GROUP AND TOKYO CORPORATION go</a> <a title="Issue 40 Oct/Nov page 41" href="http://viewer.zmags.com/publication/0d0123a7?page=41"> GROWTH FRONTIERS KOREA 2018 19th-21st March 2018 </a> <a title="Issue 40 Oct/Nov page 42" href="http://viewer.zmags.com/publication/0d0123a7?page=42"> GA TELESIS Providing total solutions GA Telesi</a> <a title="Issue 40 Oct/Nov page 43" href="http://viewer.zmags.com/publication/0d0123a7?page=43"> Koichi Nakajima, deputy president, director and</a> <a title="Issue 40 Oct/Nov page 44" href="http://viewer.zmags.com/publication/0d0123a7?page=44"> GA TELESIS approximately around 25 percent, whi</a> <a title="Issue 40 Oct/Nov page 45" href="http://viewer.zmags.com/publication/0d0123a7?page=45"> GA Telesis Businesses $ $ Aircraft </a> <a title="Issue 40 Oct/Nov page 46" href="http://viewer.zmags.com/publication/0d0123a7?page=46"> AIRLINE ECONOMICS GROWTH FRONTIERS NEW YORK 2017 </a> <a title="Issue 40 Oct/Nov page 47" href="http://viewer.zmags.com/publication/0d0123a7?page=47"> AIRLINE ECONOMICS GROWTH FRONTIERS NEW YORK 2017 </a> <a title="Issue 40 Oct/Nov page 48" href="http://viewer.zmags.com/publication/0d0123a7?page=48"> AVIATION 100 AMERICAS AWARDS 2017 Americas Debt</a> <a 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