Niche markets
Especially in Europe, regional and executive aviation are niche markets
which show above average growth rates. The fleet of regional aircraft
in operation is expanding rapidly, whereas new operators enter this dynamic
market on a regular basis. This situation is in steep contrast to the
commercial aviation market as a whole, which is characterised by alliances
and ongoing consolidation.
Cyclicality
To be successful in the aviation industry, one needs a solid financial
position to meet high investment requirements and high running costs.
Cyclicality is a characteristic of the industry.
Access to funding
In this dynamic environment companies need to be positioned to overcome
regular business cycles, without retaining excessive cash positions. At
the same time access to funding should be available at all time to ensure
that future growth can be facilitated when needed.
Advisory
Besides specific corporate financing mandates related to a company's optimum
capital structure, GA-Finance advises clients on strategic issues, like:
Investment/divestment
programmes
Start-up operations
Capital raising
Lease restructuring
Joint ventures
Financial
restructurings