Aviation

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