China Airfinance Conference 15th & 16th March 2005, The Kerry Center, Beijing, China Day One - Tuesday, 15th March 2005 08.30 Registration and coffee 09.00 Opening remarks from the Chairman Anup Mysoor, Regional Head, Global Aviation, Citigroup 09.15 CAAC keynote address: Liberalisation of China aviation Yuan Yaohui, Director General, Policy, General Administration of Civil Aviation of China (CAAC) 09.45 The FAA-CAAC partnership: Effective safety oversight in a time of rapid growth The role of governmental safety regulators The origins, history, and future direction of FAA-CAAC cooperation Enhancements in the CAAC system of safety oversight Ma Tao, Deputy Director General of Flight Standards Department General Administration of Civil Aviation of China (CAAC) Michael Daniel, Manager, International Programs and Policy Division, Federal Aviation Administration Flight Standards Service (FAA) 10.30 Coffee and networking sponsored by Engine Leasing Finance Corporation 11.00 Forecasts for China aviation aircrafts Large aircraft vs. point-to-point The China challenge Forecasts Randy Tinseth, Director, Product and Services Marketing, Boeing Commercial Airplanes Laurence Barron, President, Airbus China 11.45 Chinese low cost carriers Wang Zhen Hua, Chairman, Spring Airlines 12.30 Lunch Lunch sponsored by The Royal Bank of Scotland 13.45 Panel: Export credit returns How much capacity is there? Trends in Export Credit and Aircraft Finance John Youd, Business Manager - Airbus, ECGD Edward Ciampa, Senior Loan Officer, Export-Import Bank of the United States Beatrice Tuffrau, Assistant Director, Airbus Medium and Long Term Department, Coface Christian Bruegmann, Deputy Head of Aircraft Financing Division, Euler Hermes Kreditversicherungs-AG Marc Murcia, Head of Aerospace, Defence and Shipping Unit, Treasury and Economic Policy Department, Ministry of Economics, Finance and Industry of France 14.45 Export credit returns - China Eastern case study Hallam Chow, Partner, White & Case Luo Wei De, CFO, China Eastern Eric Eugene, Global Head, Aviation Finance Group, BNP Paribas 15.30 Coffee and networking sponsored by Engine Leasing Finance Corporation 16.00 How to use capital market to fund the huge delivery programme in China Gregory Lee, Managing Director, Global Structured Bonds, Citigroup William Ho, Partner, Allen & Overy 16.30 Legal issues in using debt capital markets financing Young Joon Kim, Partner, Milbank Tweed Hadley & McCloy Alvin Leong, Partner, Milbank Tweed Hadley & McCloy 17.00 Chairman's wrap-up for Day One followed by drink reception sponsored by GECAS Day Two: Wednesday, 16th March 2005 08.30 Registration and coffee 09.00 Opening remarks from the Chairman Anup Mysoor, Regional Head, Global Aviation, Citigroup 09.15 Engine leasing in China How does it work in China? The benefits Value of an engine Unlocking the value in engine Assets Case study Jon Sharp, President and Chief Executive, Engine Lease Finance Corporation 09.45 Case study on engine finance in China Case study: China Eastern Jeanette Pinard, Senior Vice President & General Counsel, GECAS - Engine Leasing Robert Papas, Vice President, Marketing, GECAS - Engine Leasing 10.30 Coffee and networking sponsored by Engine Leasing Finance Corporation 11.00 Panel: Leasing of commercial aircraft Which aircraft are most popular Lease rates How lessors see Chinese airlines The importance of aircraft leasing to the airline industry Airlines and the buy or lease decision Bill Cumberlidge, Head of Aviation Asset Management, ALLCO Finance Group Andre Cohen, Independent Board Director, Singapore Aircraft Leasing Enterprise and Senior Adviser- Transportation, Standard Chartered Bank Ian Reid, Senior Vice President, Aviation Capital, The Royal Bank of Scotland 11.45 Panel: Japanese operating leases for Chinese airlines Structural considerations How much equity is available Finding debt Case study - China Southern Johnny Lau, Vice President, Global Aviation, Citigroup Alain Chrun, Managing Director, Head of Asian Aviation Group, Calyon Corporate and Investment Bank William Ho, Partner, Allen & Overy 12.30 Lunch 14.00 China freight forecast Freight forecast Key routes: China-Europe and trans Pacific The freighter fleet Thomas Hoang, Regional Director, Cargo Marketing, Boeing Commercial Airplanes 14.40 Legal issues for foreign lenders Ownership rights How easy is repossession? Cape Town Yi Liu, Partner, Zheng, Liu, Yuan & Zhou Law Office 15.30 Coffee and networking sponsored by Engine Leasing Finance Corporation 16.00 Joint Venture cargo airlines in China Chen Hongwei, Finance General Manager, Air China Cargo 16.45 Opportunities for freight in China H K Woo, General Manager of Finance, HAECO 17.15 Chairman's wrap-up for Day Two and close of conference