Our Irish team was pleased to attend the 2018 Shannon International Leasing Conference (SILC) which took place yesterday at the Limerick Institute of Technology.
This was the third year of the event and since its inception it has grown over the years with almost 200 delegates in attendance from all sectors of the aviation industry including airlines, leasing companies, MRO’s, component suppliers along with numerous support services such as CAMO providers, borescope providers and interiors support services.

The purpose of SILC is to highlight Shannon and the Midwest region as a transition centre for the leasing community and to discuss and share ideas on how the region can be developed so that it can become a hub for technical services to support Ireland’s leasing industry. The majority of the world’s largest leasing providers have a base in Ireland and in fact over 40% of the world’s fleet of leased aircraft are either owned or managed by Irish based leasing companies.

This year’s conference again focused on numerous issues which are effecting the industry at the moment such as MRO capacity in the region, the need for additional hangars at Shannon International Airport, the emergence of strong competition from leasing providers in Asia and China in particular, the retention and upskilling of talent to keep up to speed with the growth of the aviation industry along with further geopolitical issues such as rising oil prices, trade wars and of course Brexit.

This year’s event has received excellent feedback from all of those in attendance and we at Aerospace Asset Trading were proud to be a joint sponsor for this years conference which gave us an opportunity to meet with many of the major stakeholders within the industry and assure the Irish leasing community that we are available to provide first class support and customer service for their airframe and engine requirements.

Many thanks to Samantha Harding and to all of the SILC committee for organising yet another fantastic event, AAT looks forward to being a part of SILC 2019.