www.airfinanceconferences.com

&

5th Annual

Middle East &Africa Airfinance10th & 11th September 2007 • Jumeirah Beach Hotel, Dubai ConferenceFeaturing presentations from the following speakers:Paul Suckling, Director of Finance and Administration, Air ArabiaRitchie Skelding, Chief Financial Officer, Al Fawares GroupAbdul Wahab Teffaha, Secretary General, Arab Air Carrier’s OrganizationArumemi Johnson, Chairman, Arik AirBrian Jeffrey, Corporate Treasurer, EmiratesMukesh Sodani, Manager Aircraft Financing, EmiratesJames Rigney, Executive Vice President Finance, Etihad AirwaysMarwan Boodai, Chairman and Chief Executive Officer, Jazeera AirwaysRobert Menzies, Deputy Finance Director - Financial Control, Kuwait AirwaysAndrew Cohen, Chief Executive Officer, Sama AirlinesCaroline Bell, Chief Financial Officer, Sama Airlines

present the

Sponsored by: Media Partners:

L E A S I N G

Day one: 10th September 2007

08.15 Registration and refreshments

09.00 Opening remarks from the ChairmanNeil Harnby, Partner, Linklaters

09.10 Keynote address: Middle East aviation industry outlook• Passenger traffic - identifying where the growth is • Development of key routes• Cargo traffic forecasts• Dynamics of growth for the airlines of the region

Abdul Wahab Teffaha, Secretary General,

Arab Air Carriers Organization

09.40 The world’s fastest growing airline – Etihad• Growth plans – new routes and new planes• ASK forecasts• Outlook for fleet and financing requirements

James Rigney, Executive Vice President Finance, Etihad Airways

10.20 Morning coffee

11.00 Panel discussion: The large aircraft market – outlook for air travel• Global perspective• Forecast for the Middle East• Forecast for Africa• Product implications

Drew Magill, Director – Marketing, Boeing Commercial Airplanes Senior representative, Airbus

11.40 Case study: Emirates’ financing strategy• Getting the financing mix right • Financing requirements going forward • Conventional debt vs. capital markets • The importance of Relationship Banking

Brian Jeffrey, Corporate Treasurer, Emirates

12.10 Case study: Air Arabia• IPO case study – lessons for other carriers• What will the money be used for? • Fleet and route plans• Managing cost control and competition

Paul Suckling, Director of Finance and Administration, Air Arabia

12.40 Lunch sponsored by

14.10 Panel discussion: Financing growth – the finance directors’ perspective• Airline growth strategies in the current market• Fleet and funding requirements to meet traffic demands• Managing costs – fuel, labour and others• Managing the competition• Profit outlook for the next five years

Robert Menzies, Deputy Finance Director – Financial Control, Kuwait AirwaysJames Rigney, Executive Vice President Finance, Etihad AirwaysCaroline Bell, Chief Financial Officer, Sama AirlinesMukesh Sodani, Manager, Aircraft Financing, EmiratesRitchie Skelding, Chief Financial Officer, Al Fawares Group

15.10 Finance panel: Equity vs. sukuk vs. export credit vs. bank financing vs. operating leasing vs. capital markets/EETCs• Getting the mix right • How much capacity is left?• Pricing and fee comparisonsPanel moderator: Michael Davies, Managing Director, Siglo AviationTony Boland, Head of Aircraft Finance, Asia, Middle East & Africa, Standard Chartered BankGraham Scopes, Senior Vice President and Head of Project & Structured Finance, Arab Banking Corporation Patrick Käufer, Managing Director, Morgan Stanley

15.50 Afternoon coffee

16.20 The regional market – demand projections• Development of key regional routes• Passenger traffic forecasts• Regional fleet demand forecastsTrung Ngo, Vice President, Marketing & Communications, Bombardier Regional AircraftMario Formica, Vice President, Marketing, ATRLuiz Fuchs, Senior Vice President, Europe, Africa and Middle East, Embraer

17.00 Panel discussion: Aircraft financing for African carriers – requirements, strategies and challenges• Traffic forecasts• African carrier fleet requirements • What financing is required? • Reviewing financing options for African carriers • Cross-border financing

17.30 Chairman’s closing remarks and close of day one, followed by a drinks reception sponsored by www.airfinanceconferences.com

&

present the

5th annualMiddle East& Africa Airfinance ConferenceDriven by business and tourism travel, coupled with the development of the region as an international hub, passenger traffic in the Middle east continues to outstrip global growth. Boeing forecasts that the region will require some 1110 aircraft in the next 20 years as this dynamic market continues to go from strength to strength.

Make sure you take advantage of the phenomenal growth in the region by attending Airfinance Journal’s 5th Annual Middle East and Africa Airfinance Conference.

Key issues to be addressed at this year’s conference include:Which airlines will succeed in this growing market – hear business plans and financing strategies from the region’s leading carriersHow much private equity and fund investment is there in the Middle east aviation market and who is benefiting?What are the opportunities in the booming operating leasing market? What impact will Cape Town and Basel II have on the market? evaluating financing options – equity vs. sukuk vs. export credit vs. bank vs. operating leasing

Widely considered to be the must-attend event in the region, Airfinance Journal’s 5th Annual Middle East and Africa Airfinance Conference once again features unparalleled networking opportunities with an outstanding panel of speakers giving you the opportunity to maximise your success in this booming market.

We look forward to seeing you in Dubai in September!

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“Good content and useful connections outside the sessions” Tony Middleton, Jordan Airline Training Simulation

“An opportunity to obtain greater insight into other areas of the airline industry” Roland Fourie, DHL Aviation

“A great festival of airfinance” James Edmunds, Clyde and Co

“ A wonderful opportunity to meet the players in the industry” Francois Oberholzer, Etihad

Day TWo: 11th September 200708.30 Registration and refreshments

09.00 Opening remarks from the ChairmanMunawar Noorani, Managing Director Global Aviation, EMEA, Citigroup

09.10 A year in review for the Middle East’s first private carrier – Jazeera Airways• Passenger traffic trends and key financials• Jazeera’s five year growth plan• Update on and outlining the rationale for the KSE listing• Financing the next stage of growthMarwan Boodai, Chairman and Chief Executive Officer, Jazeera Airways

09.40 Sama – growth plans and outlook• Saudi Arabian passenger forecasts• Competing in the Saudi LCC market • Adapting the LCC model• Business plan and financing strategies• Financial outlook for the next five yearsAndrew Cohen, Chief Executive Officer, Sama Airlines

10.10 Morning coffee

10.40 Panel discussion: Operating leasing – let the good times roll• Sale/leaseback values and lease rates – is the only way down?• Does consolidation affect customers?• Middle East vs. the rest of the world? • Are there enough aircraft for everyone?Ray Sisson, Senior Vice President & Region Manager – Middle East, Africa & CIS, GECASCharles F. Yeterian, Vice President Leasing & Finance, Novus AviationSteve Clarke, Chief Operating Officer & President, LCAL IncJohn Leech, Senior Vice President, Head of Marketing, Orix Aviation

11.30 Panel discussion: Private equity and fund investment in the aviation industry• How much cash is available? • Private equity investment considerations • Looking abroad – is local cash being invested in international markets? Heather Allen, Managing Director, Transportation, EMEA Investment Banking, CitigroupHani Kuzbari, Vice President-Investments, Novus AviationDr. Raed Sarhan, Deputy Chief Investment Officer, United International Bank

12.10 Case study: LoadAir• Introduction• Business plan• Financing strategy• Key challengesRitchie Skelding, Chief Financial Officer, Al Fawares Group

12.40 Lunch

14.10 Middle East aviation – legal update• The impact of Basel II• The impact of Cape Town• New financing structuresRobert Fugard, Partner, Linklaters

14.50 Case study: Arik AirArumemi Johnson, Chairman, Arik Air

15.20 Afternoon coffee

15.50 Predicting aircraft valuation trends• Long term supply and demand for aircraft • Aircraft Valuation Index for narrrowbody and widebody aircraft values • Projecting the Aircraft Valuation Index Arif Husain, Vice President, SkyWorks Capital, LLC

16.20 Long-term effects on valuation• Useful economic life• Technology innovation• CycleBob Agnew, President and CEO, Morten Beyer & Agnew

16.50 Chairman’s closing remarks and close of conference

© Airfinance Journal and Euromoney Seminars 2007. Airfinance Journal and Euromoney Seminars reserve the right to alter the venue and/or speakers. Airfinance Journal and Euromoney Seminars are divisions of Euromoney Institutional Investor PLC.

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5th Annual Middle East & Africa Airfinance Conference10th & 11th September 2007 • Jumeirah Beach Hotel, Dubai

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