CANADIAN AIRLINE INVESTMENT FORUM

NOVEMBER 29, 2011

8:00

Registration and Continental Breakfast

Hosted by

8:30

Welcoming Remarks from Insight Information

8:35

Chair's Opening Remarks

Donald G. Gray 
Partner – Aviation & Aerospace Group
Blake, Cassels & Graydon LLP

8:45

Keynote Address

Supporting Canada's Aviation Industry

The Honourable Steven Fletcher
Minister of State (Transport)
Government of Canada

9:15

Financing Terms as Airlines Compete for Investment Dollars

Mike MacConnie 
Senior Vice President - Sales & Marketing
GE Capital Aviation Services

Tetsuya "Ted" Nozaki 
Chief Commercial Officer and
Senior Vice President - Sales & Marketing
MC Aviation Partners Americas Inc.

Douglas Walker
Senior Vice President - Aviation Capital
Royal Bank of Scotland

• What makes Canada's aviation market attractive?
• Who will finance the existing orders of Canadian airlines?
• New wrinkles in financing provisions

10:15

Networking Coffee Break

10:30

Changes to Canada's Aviation Regulatory Environment

The Hon. Denis Lebel (invited)
Minister of Transport, Infrastructure and Communities
Government of Canada

10:30

Airlines as Investments: The View from Bay Street

David Tyerman 
Managing Director, Research
Canaccord Genuity Corp.

• State of the investor: What have you done for me lately?
• US airlines: An emerging model for the industry?
• Seeking investor love (or at least bucks): What the industry is up against
• Canadian airline share prospects

11:00

Update from Porter Airlines

Robert Deluce
President and Chief Executive Officer
Porter Airlines

11:30

Diversification: The Key to Kelowna Flightcraft's Financial Success

Barry Lapointe 
President and Chief Executive Officer
Kelowna Flightcraft

Barry will share how he started Kelowna Flightcraft and how, through a series of smart diversification strategies over years, it has become one of Canada's most successful aviation companies.

12:00

Networking Luncheon

Hosted by

12:45

KEYNOTE ADDRESS

WestJet 15 Years Later: From Low-Cost Pioneer to Successful International Carrier

Vito Culmone 
Executive Vice President, Finance and Chief Financial Officer
WestJet

1:30

MANUFACTURERS' PERSPECTIVES

Aircraft for the Future: New Product Strategies in an Increasingly Green Environment

In this session you will gain valuable information from aircraft manufacturers as they update us on aircraft product strategy for efficiency, aircraft acquisition in today's market, and the forecast for new aircraft requirements in Canada and around the globe.

Randy Tinseth 
Vice President, Marketing
Boeing Commercial Airplanes

Philippe Poutissou 
Vice President, Marketing
Bombardier Commercial Aircraft

Mary Prettyman 
Vice President, Marketing
Airbus Americas

Embraer

2:30

Networking Refreshment Break

2:45

Export Credit Financing Under the 2011 Aircraft Sector Understanding

Robert F. X. Roy, Jr. 
Deputy Vice President, Transportation Division
The Export'Import Bank of the United States

Carl Marcotte
Vice President, Transportation Group
Export Development Canada

Marc Meloche 
Vice President, Structured Finance
Bombardier Aerospace

Dean N. Gerber 
Chair of Global Transportation Finance Group and Shareholder
Vedder Price P.C.

• How the new rules may affect the price differential between export credits and commercial lending
• Recent commercial transactions under the new ASU
• The impact of the new ASU on the Canadian aviation landscape
• Manufacturer interpretation of the benefits of the new ASU
• Manufacturer assessment of the complexities of the new ASU
• Manufacturer suggestions as to new areas of focus by governments for the next round of ASU discussions
• The new ASU and business aircraft – unique differences

3:45

The Future of EETCs for Canadian Airlines

Moderator/Commentator:
Donald G. Gray
Partner – Aviation & Aerospace Group
Blake, Cassels & Graydon LLP

Thomas Cahill
Managing Director
Morgan Stanley

Pierre Houle
Treasurer
Air Canada

David J. Shapiro (invited)
Vice President & General Counsel
Air Canada

George Kim
Global Structured Solutions
Citi

Patrick M. Käufer
Managing Director
Head of Transportation Debt Financing
Deutsche Bank

• EETCs for non-US carriers
• Advantages of access to US public markets
• Cape Town and Canada's "1110" provisions
• Availability for Canadian airlines

4:45

Aircraft Sales & Leasing: Tax Considerations

Robert Kreklewich
Partner – Commodity Tax & Customs Group
Blake, Cassels & Graydon LLP

• Carrying on business issues for non-residents
• Drop shipments
• Place of supply rules
• Purchases for export
• Aircraft lease novations/amendments

5:15

Conference Adjourns for the Day

Networking Reception

Hosted by

NOVEMBER 30, 2011

8:00

Continental Breakfast

Hosted by

8:30

KEYNOTE ADDRESS

Air Canada – From Stability to Growth

Michael Rousseau 
Executive Vice President and Chief Financial Officer
Air Canada

9:15

You Fly Where?
– Challenges for Canada's Northern Operators

Tracy Medve 
President
Canadian North

Joseph Sparling 
President
Air North, Yukon's Airline

• You fly where??
  • The challenges of northern operations
• I remember the 737-200
  • Fleet planning considerations for northern carriers: A rosy future
• Northern air carriers and the northern economy
• Opportunities for northern carriers

10:00

Networking Coffee Break

10:15

Aircraft Operating Leases: New Issues for Canadian Airlines?

Moderator:
June Liang 
Counsel
Aviation Capital Group

Anna Maria Masciotra 
Senior Legal Counsel, Commercial & Aircraft Financing
Air Canada

Candice Li 
Vice President, Treasurer
WestJet

John P. Howitt 
Partner
Clifford Chance US LLP

• Definition of an Operating Lease
  • Legal definition
  • Proposed changes in lease accounting
• Negotiating the Letter of Intent
• Form of Agreement
• Jurisdiction of lease
• Ensuring fleet consistency
• Subleasing provisions
• Lessor transfer and financing Issues
• Maintenance and return issues
• Repossession and bankruptcy issues
• KYC, Sanction, Ex-Im requirements and other Interested Party identity issues

11:15

The Different Faces of Jazz Aviation LP

Joseph Randell 
President and Chief Executive Officer
Jazz Aviation LP and Chorus Aviation Inc.

• An overview of Chorus Aviation Inc.
• Why Jazz LP is a different kind of airline
• Operating and financial performance
• Growth opportunities and investment highlights

11:45

Reshaping the Regional Aviation Industry

Greg McDougall 
Chief Executive Officer
Harbour Air/Westcoast Air

• Regional seaplane operations

Russell Payson 
President
Sky Regional Airlines

• Toronto Island operations as a start-up carrier
• Usage of iPad in flight operations

12:30

Networking Luncheon

1:15

KEYNOTE ADDRESS

Lawful, Justified and Effective Air Transport Environmental Policy: Why the EU ETS Fails on All Counts

George Petsikas 
President
National Airlines Council of Canada

1:45

Engine Leasing

Brenda Nichols 
Senior Lawyerl
Engine Lease Finance Corporation

Jeanette Pinard
Senior Vice President and General Counsel
GECAS – AMG (Asset Management Group)

• Aircraft and engine market overview
• Spare engine market
• Unique challenges for engine leasing
• Engine leasing in a downturn
• Spare engines – a sustainable investment
• Why lease engines?

2:30

Airline Fleet Renewal Planning

Moderator/Commentator:
Suzanne Kearns 
Professor, Commercial Aviation Management Program
University of Western Ontario

Douglas Finn 
Senior Director, Aircraft Programs
Air Canada

Steve Quinn
Vice President, Business and Legal
AWAS Aviation Services

• Fleet campaigns
• Choosing the right aircraft for the right missions

3:15

Repossessions: Practical Measures to Take

Nick Popovich 
President
sage-popovich, inc.

G. Dino DeLuca
Partner
Burnet, Duckworth & Palmer LLP

• Executing repossessions in a hostile environment
• Air Authority and other super liens
• Regulatory issues
• Canadian issues

4:00

Conference Binders

Sponsored by

CLE Accreditation
This program can be applied towards 7 of the 12 hours of annual Continuing Professional Development (CPD) required by the Law Society of Upper Canada. Please note that these CPD hours are not accredited for the New Member Requirement.

This conference has been approved by the Law Society of British Columbia for 7 credit hours.

The Barreau du Québec automatically recognizes training activities held outside the province of Quebec and accredited by another Law Society which has adopted MCLE for its members. This program is thus approved by the Barreau du Québec for 7 hours.

• Aircraft Manufacturers
• Airline Executives
  • Regional
  • National
  • International
• Bank Executives
• Airline Finance Managers
• Aircraft Lessors

• Airline Risk Managers
• Institutional Investors
• Underwriters
• Aviation Consultants
• Lawyers
• Accountants

Dear Colleague:

Big changes are in the wind for Canada's aviation industry! To stay ahead of the curve in the ever changing aviation landscape and the evolving world of aviation finance, we invite you to join leaders in Canada's aviation industry and their advisors on November 29 & 30 at the Canadian Airline Investment Forum in Toronto.

Back for its 23rd year, this premier conference offers an unrivalled platform for interactive discussion about current issues, future plans and strategies, aviation asset management, and how to find affordable finance. At this one-of-a-kind conference, senior management from Canadian airlines will join with aircraft and finance experts to share strategies for managing the forecasted demand for travel, provide insights into the use of new financing tools, and discuss challenges posed by global regulators.

Insight Information has organized an outstanding event. The Honourable Steven Fletcher, Minister of State (Transport) for the Government of Canada will provide the opening remarks and following his address, you will hear presentations from an expert faculty that features senior executives from Air Canada, WestJet, Jazz LP, Porter Airlines, Canadian North, Air North, Sky Regional Airlines and Harbour Air/Westcoast Air. We will also hear from representatives of the world's leading aviation banks, aircraft lessors and aircraft manufacturers.

Both buyers and sellers will benefit from learning what new deals are being offered, what terms are demanded, what structures are favoured and how risk is being managed. Join our faculty of experts and a large group of your peers for a unique opportunity to explore the crucial relationships between airlines, manufacturers, financial institutions and investors and discover how innovative strategies are being employed for greater growth and profitability.

Yours truly,

Donald G. Gray
Partner – Aviation & Aerospace Group
Blake, Cassels & Graydon LLP

P.S.
Don't miss our always popular business card draws!
 

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Register 3 delegates for the main conference at regular price at the same time and you're entitled to register a fourth person from your organization at no charge. For other group discounts, please call 1-888-777-1707. All discounts must be redeemed when booking, discounts will not be valid or applied after this time.