THE PROGRAM

TUESDAY | SEPTEMBER 15, 2009

8:00 - 8:45    
Registration & Continental Breakfast

8:45 - 9:00    
Welcome & Opening Remarks

9:00 - 10:00  
State of the Aviation Industry in a Shifting Economy
- View of the current airline business cycle in the context of previous downturns
- A forecast of when airplane values and lease rates would again start to trend up
- Delivery financing requirements and manufacturer production levels
- Emerging buyers in this market

Moderator:
Betsy Snyder
Director
Standard & Poor's Ratings Services

Panelists:
Mostafiz ShahMohammed
Founder & Managing Partner
Amur Capital Management LP

Edward J. McGarvey
Vice President and Treasurer
Atlas Air Worldwide

Robert Agnew
President & CEO
Morten Beyer & Agnew

Douglas W. Runte, CFA
Managing Director
Piper Jaffray & Co.

10:00 - 11:15 
Financing Strategies: Getting to 2010 and Beyond
-  How are lessors, airlines, manufacturers, and other aviation companies going about lining up financing for
   2010 and beyond? 
-  How have the rules changed for getting credit today?
-  What structured financing options are available in the current market and what financing trends are emerging 
   to get deals done (i.e. Auctions, multi-tiered capital structures, pure debt deals, syndications, etc.)?

Moderator:
Gregory P. Lee
Managing Director, Head of Transport and Infrastructure Finance
Goldman Sachs

Panelists:
Ron Wainshal
Chief Executive Officer
Aircastle Limited

Patrick Käufer
Managing Partner and Founder
PK Advisory LLC

Christopher Chaput
Managing Director
Seabury Group

11:15 - 11:45  
Refreshments and Ice Breaker Session 
 
11:45 - 12:45  
Revitalizing the Commercial Airline Business
This group of panelists will discuss the challenges facing carriers under current conditions and examine better
options available in this difficult operating environment. The following issues will also be addressed:
-  The gap between secondary market yields for airline debt and what airlines are willing to pay for new financing
-  How the airline business model is changing
-  Lease vs. loan changes
-  What airlines are doing to gain customer satisfaction and retention
-  How airlines are finding additional ways to increase the revenue

Moderator:
Andy Golub
Vice President, Risk Advisory
Ascend Worldwide

Panelists:
Stephen B. Selbst
Partner
Herrick, Feinstein LLP

Mark S. Streeter, CFA
Managing Director, North America Credit Research
J.P. Morgan

Holly Nelson
Chief Financial Officer
Virgin America

12:45 - 2:00  
Networking Luncheon

2:00 - 3:00    
Impending Strategic Changes in the Industry
-  Consolidation activity update
-  Understanding new valuation strategies and restructuring trends
-  Barriers to consolidation tied to issues of nationality
-  Legacy liabilities i.e., pension and other employee benefit obligations, labor agreements, and ownership

Moderator:
Marshall Sonenshine
Chairman and Managing Partner
Sonenshine Partners

Panelists:
John F. Pritchard
Equity Partner
Holland & Knight LLP

Grant Tolson
Managing Director
Sonenshine Partner

3:00 - 4:00    
Where is Private Capital Going and Why?
-  Distressed investment opportunities
-  Asset-backed securities
-  EETCs
-  Trading levels for older securitizations

Moderator:
Kirsten Bartok
Managing Partner
AirFinance Capital LLC

Panelists:
Justin Bradburn
Portfolio Manager/Senior Analyst
Brigade Capital Management

Lucas Detor
Managing Director
Morgan Stanley

Ziki Slav
Principal
SHZ Aviation LLC

Robert Flowers
Partner
TTM Capital LLC

4:00 - 4:30    
Coffee Break

4:30 - 5:30    
Investment Structures Re-defined: Trends in International Transactions
  
Speakers:
Seamus O'Croinin
Partner, Banking
A&L Goodbody

Michael Mulitz
Partner, Corporate & Finance Aviation Financing and Leasing
Kaye Scholer LLP

5:30 - 7:00
Networking Reception

WEDNESDAY | SEPTEMBER 16, 2009

8:00 - 8:30    
Registration & Continental Breakfast   
 
8:30 - 8:45    
Recap of Day One & Introduction of Day Two
                         
8:45 - 9:45   
Bridging the Financing Gap through Export Import Agencies
This session will address how export import agencies are bridging the gap to meet financing demands.
 
Moderator:
William Callaway
Partner
Zuckert, Scoutt & Rasenberger LLP

Panelists: 
Robert A. Morin
Vice President, Transportation Division
Export-Import Bank of the United States

Andre Gazal
Managing Director, Head of North American Export Finance
Calyon

Sergio Novis
Aircraft Financing
Brazilian Development Bank - BNDES

A. Taso Georgiou
Director, Aerospace
Export Development Canada

10:00 - 10:30
Networking Break

10:30 - 11:30
The Business Jets Market: Making Changes for the Future
With the business jets market facing significant difficulties, what trends will emerge within the affected sectors?
How will pricing on aircraft and outsourced solutions, such as fractional ownerships, card programs and charter be affected? Who will be the winners and losers? And what kind of impact will TALF make?

Moderator:
Eileen M. Gleimer
Partner
Crowell & Moring LLP

Panelists:
John King
Senior Vice President, Global Finance
Cessna Finance Corporation

Jack Young
Sr. Vice President, Finance & Administration
Dassault Falcon Jet Corp.

Dan Dugger
President
Fractrade

Dave Labrozzi
President
GE Corporate Aircraft Finance

11:30 - 12:30    
Airport Infrastructure: Financing Challenges and Investment Opportunities
- Exploring airport infrastructure privatizations
- How to monetize assets
- Dealing with long-term leases

Moderator:
Douglas Ochs Adler
Of Counsel
Vedder Price PC

Panelists:
Deborah C. McElroy
Executive Vice President, Policy and External Affairs
Airports Council International-North America

Catherine Lang
Acting Associate Administrator for Airports
Federal Aviation Administration

Susan Warner Dooley
Vice President of Strategic Planning
HNTB Corporation

12:00    
Summit Concludes

Conference agenda subject to change.