Features

Stay up to date with the latest features and issues from the global leasing industry:

Technological innovation for seamless business growth

By Nicolas Ullmo, Deputy CEO, Basikon

BANKS ARE LOSING THEIR DOMINANCE of the financial services and products market. The lead on the creation of new products is no longer theirs as it has shifted to the distributor or manufacturer, who is closer to the end-user. As Ronan Le Moal, former CEO of Crédit Mutuel Arkea, pointed out at EBG 2018: “I […]

How to boost sustainable financing through the different options of leasing and credit green finance?

By Amina Chakchouk, COO Leasing; Marwa Trabelsi, iMX Application and Business Expert, CODIX

THIS IS A DIFFICULT TIME, the world is burning, we continue to use fossil fuels as if there is no tomorrow. “With every day, the global energy system is increasingly driving us towards a climate catastrophe”. These words were said by António Guterres, the General Secretary of the United Nations Organisation, after the release of the Climate State Report 2021, which was published by the World Meteorological Organization (WMO). Also, the sanitary crisis (COVID-19) increased humanity’s awareness of the importance of sustainable development.

Fleet finance transformation through MaaS

By Eva Kellershof, Client Partner, Otoz (NETSOL Technologies)

THE MOBILITY-AS-A-SERVICE (MaaS) model is rapidly gaining momentum in the mobility ecosystem. MaaS integrates various services through a single platform, enabling users to access different modes of transportation from a single source. The MaaS model also optimises resource utilisation while reducing operational costs and the carbon footprint of operators and passengers. It is imperative for businesses to stay ahead of the curve when it comes to embracing new technologies.

An update on the international Islamic leasing market

Prof. Dr. Shahinaz Rashad, Senior Finance Advisor, ELA

THE ISLAMIC LEASING SECTOR represents a significant opportunity for the Islamic finance sector to grow, since it has gained wide acceptance among Shariah scholars globally. Proponents argue that Islamic leasing is often simple to operate in any jurisdiction, given its asset-backed nature, compared to other Islamic banking products.

Asset finance: Coping with the slings and arrows of an outrageous world

By Lindsay Town, Chief Executive, IAA Advisory Ltd

We managed the “Great Crash” of 2008, just. We managed our way through Covid, we dealt with the great liquidity experiment that was QE, we face into the challenge of Russia’s warmongering, we manage our way through supply chain crises.

2021 Global aviation industry outlook

By Dick Forsberg, Senior External Consultant, PwC Aviation Finance Advisory Services, Ireland

What a difference a year makes! The past 16 months have visited unprecedented disruption not only on the aviation industry but also on every aspect of the lives of the entire global population. COVID-19 has disrupted economies and businesses, locked down billions of people, closed borders and brought airlines to their knees. The pandemic’s impact on aviation, in terms of financial losses, airline failures, unemployment and global connectivity, is already immense and has not yet reached its peak.

Leasing: The best way for businesses to go green?

By Miranda Stokkingreef, CEO, ABN AMRO Asset Based Finance

Almost two-thirds of executives believe sustainability is key to being competitive in today’s market, according to a study by business school IMD. It is good for the environment – and consumers increasingly want to buy from eco-conscious businesses. As a result, sustainability is becoming an intrinsic part of leasing solutions. Companies are increasingly looking at how this type of funding can support them in making the sustainability shift – whether that be supporting clients’ develop-and-maintain circular business models or contributing to the reduction of C02 emissions.

The birth and growth of the aircraft leasing business

By Robert F. Agnew, President & CEO, Morten Beyer & Agnew, US

It is my great fortune to have spent the last 45 years in aviation. First, I served in KC-135s with the USAF, then with two great airlines, and finally running an aviation appraisal and advisory firm, as well as chairman of the board of directors for a publicly traded airline.

Time and tide wait for no one

By Mark Binks, Bynx

To say that the automotive leasing industry is going through a period of intense change and facing unprecedented challenges is an understatement. The interest in mobility services and consumers’ waning desire for vehicle ‘ownership’ is shaking up the whole concept of vehicle leasing, presenting both an opportunity and a threat to leasing and finance companies everywhere.

A life in computer leasing: a personal view

By Lord Mitchell, The House of Lords, UK

1968 - Martin Luther King and Robert Kennedy were assassinated. Riots raged on campuses around the world. Paris was in turmoil. Manchester United had just won the European Cup (I was there) and one Parry Mitchell entered the leasing industry. On and off I was to stay for 40 years, until I was seduced into the calm, uneventful world of politics!

Leasing in the Middle East and Africa

By Hans Geijsen, Invigors EMEA LLP

While leasing can trace its origins to the Middle East, in Mesopotamia and Persia, it is nonetheless very difficult to perceive strong and significant activity in equipment leasing in the Middle East and North Africa (MENA) region. This is despite the well-established concept of Ijarah governing leasing contracts, with its foundation in Shari’a law.

EETCs: A viable financing option for US and non-US airlines alike?

By Mary O'Neill, Shari McField and Wanda Ebanks, Maples and Calder

In simple terms, enhanced equipment trust certificates (EETCs) are corporate debt securities, typically issued by airlines. EETCs are secured on the aircraft operated by the airlines, and are structured through special purpose companies (SPVs) created specifically to own the aircraft and “enhanced” by elements such as debt tranching, availability of liquidity facilities and over-collateralisation.

Seizing the next digital opportunity

By Carmen Ene and Nick Gallop, 3 Step IT

Carmen Ene and Nick Gallop from 3 Step IT discuss how digitisation is widespread, and the next step is digitalisation. It offers the opportunity to re-engineer business processes and create competitive advantage. But opportunity is not always realised: skills are in scarce supply and the expectations for a digitalisation project are not always realistic. What should we hope for? Where should we focus? How can we maximise the chances of success?