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The aviation climate is changing in plain view and many airlines are responding by deferring deliveries and 'right sizing' their fleets. Those slow to respond will be more prone to stumbling when the next hurdle appears - a fuel spike, an exogenous shock,

maybe even credit downgrades in major markets.

As we reach midpoint 2017, join us in Dublin for two days of expert analysis and opinion on the latest indicators of strategic change and what to expect in terms of the investment risk environment.

Our stellar line-up of over 30 industry leaders discuss and debate new and pro-active measures to innovate and drive the market forward.

lshka's two-day conference explores the latest opportunities and key challenges facing seasoned financiers, lessors, airlines and investors.

Our interactive sessions provide a rich learning environment for juniors and new entrants to the market

�·�·1 ho�beentottendinQJU!@.. l.(f Alt. �irJ!!tonceJ gmV fflROJconference1orouQd)tJ!ruworldjrnr,mor�thon;.��eimgrulJl,mUJt•!QY thot it wo1

- one �frut,conference, �hove,ottended."Director, Aeronautics Fund

Come away with a wealth of new information and a fresh perspective on opportunities

and challenges facing your business

General Counsel, Intrepid Aviation Group

Olaf SachauCEO

Intrepid Johnny Lau

CEOAstro Aircraft Leasing

Gerry PowerChief Commercial Officer

Aergo Capital Jose Abramovici

Global Head Asset FinanceCredit Agricole CIB

Konrad BlocherStrategy & Risk

Goshawk Paul Sheridan

CEOAccipiter

Jon SharpeCEO

Engine Lease Corporation Dan Coulcher

Senior Vice PresidentWillis Lease

Richard MoodyGlobal Head

Transportation and Head of Transport, Infrastructure, and

Energy, EMEADeutsche BankHoward Millar

CEOStellwagen Capital

Christian McCormickManaging Director

Finance China Aircraft Leasing Group Holdings

LimitedPeter Huijbers

CEOCALS Financial Leasing

Steve MasonHead of Aircraft Evaluation and

StrategyCIT

Shane MatthewsHead of Strategic & Market

AnalysisSMBC Aviation Capital

Peter HindManaging DirectorRDC Economics Nils Hallerstrom

PresidentPK AirFinance

Bert van LeeuwenManaging Director, Aviation

ResearchDVB Bank

Edward O’ByrneChief Investment Officer

Aercap Gerry Butler

Managing DirectorMerx

Brian J. RynottChief Investment Officer

INTREPIDSylvain Gloux

Senior Fleet PlannerFlybe

Olga RazzhivinaOriel

Donal Boylan

Christine RovelliTreasurerFinnair

Fraser ChestneyManaging Partner

Doric Alok Wadhawan

Co-Head Aviation FinanceInvestec

Richard Owen-WalkerHead of Leasing & Investor

MarketingAirbus

Chandra GopinathanRogge Global Partners

Patrick HanniganChief Commercial Officer

CDBPascal Picano

Senior Vice PresidentHead Marketing

ApolloBertrand Dehouk

Head of Aviation Finance, EMEA

BNP Paribas

We challenge the status quo of how we perceive, approach and deliver knowledge and networking

at events. Our interactive agenda provides more value and insight than many other conference

programmes. Partner, Floreat Capital Markets

08.00 Airlines breakfast "Therapy feedback" The growth of the long-haul low cost model: A sustainable business model? By invitation only

08.30 P gi +ration opens

09.15 Welcome and introduction The lshka View

09.30 K ,.- , ,;c-.,t11t1on: Disruptior, 'll'O nuol11tion of the aviation irau •ry Utilising Al. Big Data, cloud storage, connectivity and social media to drive efficiencies in the aviation industry

10:00 lshka Gameshow Light-hearted round up of the year's key issues, stories and concerns, embedded in videos, data and audience response and audience interaction

Johnny uu, CEO, Astro Airt:reft l.•asing

Gerry Pow•r, Chi•f Comm•rcial OHlc.r, �rgo Capital

Jos. Abramovld, Global H•ad An•t Financ•, Cr.dlt AgrJco� CIB Olaf Sachau, CEO, Intrepid

Howard Millar, CEO, St•llwag•n Capital

Donal Boylan

11:00 Break and networking challenge F-ina iiv us; 1 c r I from <1cr> segment of the market the quickest back gets .:i prize

11.45 Scenario planning with the economists and lshka Top Trumps

w iau 'ormat med I 1ni u u hypothetical situations ;md shocks, evaluating correlation ,md caus.ation o 'I' 1r cl t , �,etrics � 1d shock!>

Konrad BlocMr, Stra•gy & Risk, Go.hawk

Pet.r Hind, Managing Dir.ctor, RDC Economics Nils H•ll•rstrom, Ptwslrt.nt, PK AirFinanc.

12:30 Deal or no Deal: This pricing session sees industry experts go th rough a series of financing and leasing proposals for a hypothetical airline Talk through financing characteristics Deal or no deal? How would you price t11e deal? Analysis of thft airliTM • Routes and location • Financial metrics ,rleet • Credit rating

Deal 1 Debt financing Talk through financing cheret:ferlstlc. Deal or no deal? How would you price the debt? Deal or no deal? How would you price the lease?

Richard Moodf/, Global H•ad, Transportation and Head of Transport, lnfrastructu,., and E,,.rgy, EMEA. Deufschft Bank

Pascal Picano, SVP, H•ad of Marbtlng, Apollo Aviation

13:00 Lunch

14.15 FINANCIERS Anticipating the cost and availability of bank financing in 2017 and beyond

B•rtrand O.houk. H•ad of Aviation Fln111nce, EMEA, BNP Paribas

Richard Moody, Global HfHld, Transportation and H•ad of Transport, lnfrastructu,., and ETMrgy, EMEA, O.utsch• Bank

Jos• Abramov/cl, Global H.ad Ass•t Financ•, c,.dit Agricole CIB

15.00 FINANCIERS Developing new pockets of liquidity: debt funds a11d the rise of 11011-ban k investors

a.rry Butl•r, Managing Dir•ctor, M•rx

Maurice Mason, Managing Ditwctor, AgF•

FreHr Chftstn•y, Managing Partn.r, Doric

Alok Wadhawan, Co-H•ad Aviation Fln111nce, Investec

15.45 Afternoon coffee and networking break

14.15 LESSORS When will the 'wall of money" end?

Paul Shftrldan, CEO, Acclpiter

Christian McCormick, Managing Di,.dor Finance, China Aircraft L.asing Group Holdin911 Limited

Peter Huijhrs, CEO, CALS Financial L•asing Ga,.th 0.IIIIMy, Ping An

15.00 LESSORS Managing risk and exposures: debating the perceived risks of widebodies Brian J. Rynott, Chl•f lnwst,ne,nt Officer, INTREPID

14.15 TECHNICAL ASSET Anticipating the impact of new technology coming on line in a low fuel price environment

Sha.n• Matthftws, H•ad of Strat•gic & Mark•t Analysis, SMBC Aviation Capital

Mlcha•l Dowling, Vic• P1Wsid•nt PortfoUo and Risk Management, AWAS

Ali Lmadani, Partn.r, ABL

15.00 TECHNICAL ASSET The impact of the proliferation of the Total Care on leasing and financing aircraft

Jon Shar�, CEO, Engin• f.•as• Corporation

Dan Coulch•r, Senior Vic• Presid•nt, Willis L•a••

Bob Jam••, Managing Dlr.ctor, A•rlin

-------------------------

16 .15 Industry duel

The battle begins! Two teams take to the stage to debate the most critical issues facing the industry.

Speakers speak for and against the motion, allowing for a frank and open debate and we will be asking you. the audience to vote.

THIS HOUSE BELIEVES THERE IS EXCESS CAPACITY IN THE MARKET

B•rt van L .. uw.n, Managing Director, Aviation R. .. arch, DVB Bank Edward O'ByrTM, Chi•f lnwstm•nt Officer, A•rcap Richard Ow.n-W.alk•r, H•ad of L@aslng & lnwstor Mark•rlng, Airbus