Bangalore – 09-03-2020: Acumen Aviation, a leading Aircraft Asset Management Services Company is delighted to announce its attendance at Asia’s largest civil aviation event, from 12th to 15th March. Wings India 2020: Global Aviation Summit, themed “Flying for All” is set to be held at Begumpet Airport, Hyderabad. It is the flagship civil aviation event, organised jointly by the Ministry of Civil Aviation , Government of India, Federation of Indian Chambers of Commerce and Industry and the Airports Authority of India.
On Friday, 13 March, at 2pm Acumen’s CEO & Chairman, Mr Alok Anand will be taking to the stage to participate in a panel discussion on Aviation Financing and Leasing. Various stakeholders will present their perspectives on economic and commercial models that ensures viability, predictability, stability and bolsters growth of the sector. To harness growth Governments have promoted private sector participation (PPP) to accelerate development of airports and financing / leasing of new aircrafts. The need to cater to the demands of air carriers is an important area of discussion. New regulatory and financing models developed around the world will be debated during the session.
India is now the 3rd largest and fastest growing aviation market in terms of domestic tickets sold and is expected to cater to 520 million passengers by 2037. Indian carriers are projected to increase their fleet size to 1,100 aircraft by 2027.
About Acumen Aviation
Acumen is an aircraft asset lease manager with a global platform, established in 2009, headquartered in Ireland with offices in India, China and the USA. Acumen’s management team has over 300 years of cumulative experience with a permanent staff of over 90 people. Acumen offers a full range of services throughout the lifecycle of the aircraft including aircraft sourcing, pre-purchase inspections (physical and records), project management, lease management, re-marketing, fleet audits, aircraft trading, powerplant management, aircraft valuations and CAMO services. Its customers include aircraft lessors, airlines, banks, private equity and investors.