Ionic Insights: The Installed Business Jet Fleet in Ukraine (January 2022)

Given the scale of the challenges faced by aviation over the past two years, the last thing the industry needs is war in Ukraine.

Whilst conflict remains unlikely, the ongoing rhetoric and build-up of military forces means that the potential for misunderstanding and mistakes is high. In addition to the obvious consequences for the people of Ukraine, there are significant concerns about the likely impact of military action upon freedom of navigation, flight safety, security of and access to civilian airfields, and the resultant disruption to commercial airline networks. 

Given that over forty percent of the installed base is self-managed, and a significant portion of the fleet is in the very-light/light and mid/super-midsize categories (including six out-of-production Hawker aircraft), the potential for large numbers of banks and financiers being impacted is low. However, for those that are it would be surprising if Risk and Asset Management staff hadn’t already begun the process of considering the location, security, and technical condition of their aircraft and hard-copy records, and the suitability of their borrowers’ insurance coverage.

Conflict or no conflict, it goes without saying that the impact of all of this upon the appetite of financiers to consider future aircraft lending in Ukraine (and other European nations near Russia) is yet to be fully understood; however, it is unlikely to be particularly helpful.

In this first in a series of country-specific studies, we investigate the size and nature of the installed base, the market’s leading management companies and operators, aircraft registries, and the habitual bases of the aircraft.

A summary of the installed business jet fleet in Ukraine, January 2022.

Ionic to attend Airline Economics Growth Frontiers conference 2021

Ionic Aviation will be attending the Airline Economics Growth Frontiers conference in London (https://www.aviationnews-online.com/conferences/london/) on behalf of our friends and colleagues at AMS Aircraft Services, from 20-22 September 2021. In attendance will be over seven hundred international delegates from the commercial aviation sector, including banks, lessors, investors, technical service providers, law firms and consultants.

Not only does the event signify a welcome return to industry networking, but the areas of discussion will present delegates with an opportunity to review the state of the market and plot a way forward for the remainder of 2021 and beyond. If you are attending and would like to meet, please do contact us in advance.

We look forward to seeing you there!

Ionic Inspects Global 6000 in London

Ionic Aviation was recently instructed to conduct the physical inspection of a Bombardier Global 6000 aircraft in London, prior to the refinancing of the asset by an international aircraft finance company.

Ionic was onsite within only 48 hours of being retained, thereby demonstrating the company’s ability to respond at short notice, for its international client base, and despite the impact of the current Covid-19 pandemic.

Ionic Aviation attends UK Aviation Club

Ionic Aviation this week (March 2020) attended the most recent gathering of The Aviation Club of the UK in London.

This was the second iteration of the Club’s regular members’ lunch at its new venue, the RAC Club on Pall Mall. In a Club first, attendees listened to a remotely-delivered presentation by keynote speaker and CEO of Comair Group, Wrenelle Stander, who discussed the challenges and opportunities associated with leading one of South Africa’s leading airline groups.

Now in its twentieth year, the Aviation Club (www.aviationclub.org.uk) was founded to create a networking forum for members and a vehicle for promoting and developing all aspects of civil aviation. The Club has a membership comprising over 400 aviation professionals from airlines, airports, banks, lessors, manufacturers, regulators and the legal community.