Where are we in the cycle, and what happens next?

• Has there been a shift into the midlife aircraft space? Is this a yield strategy play or an unforeseen long-term risk? How has this affected pricing? Are assets being mispriced?

• How do appraisers actually value a midlife aircraft today when fuel costs, maintenance needs and downtime risk are all increasing?

• If fuel prices remain unpredictable, do midlife aircraft become less competitively priced compared to newer assets?

• How are engine issues and rising MRO costs changing the way the market should think about midlife aircraft value?

• What do you predict will happen to midlife aircraft values over the next 3-5y if current cost pressures continue?

As institutional investors broaden their infrastructure allocations, where does aviation fit? This session compares aviation with shipping and infrastructure, exploring relative risk, returns and the outlook for long-term investment.