July 24, 2022

Turbulence in Asian Aviation Markets: Contents May Have Shifted During Flight

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Podcast episode with Milbank partners Allan Marks and Paul Ng



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Airlines in Asia have been slow to recover since the pandemic slammed the brakes on the fastest growth market for global aviation.

In this episode, “Turbulence in Asian Aviation Markets: Contents May Have Shifted During Flight,” host Allan Marks speaks with Milbank Transportation and Space partner Paul Ng about the current state of Asia’s aviation market, recent restructurings and prospects for future growth in air traffic. They explore the shape of the recovery for airlines, passengers and air cargo, manufacturers and lessors of aircraft – and some reasons for optimism – despite uncertain demand, high fuel costs, tight labor markets and ongoing supply chain disruptions.

About the Speakers:

Paul Ng is a partner in the Singapore office of Milbank LLP. He is a member of the global Transportation and Space Practice and leads the aviation and asset finance practice in Asia. He has led on many complex and first-in-the industry asset backed structured and receivables financings. He has an in-depth understanding of the financing and leasing of aviation and maritime assets, rolling stock and other moveable assets and extensive experience of financing of such assets, including tax-based, leveraged Islamic and export credit.

Podcast host Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters around the world in the development and financing of complex infrastructure projects, as well as related acquisitions, restructurings and capital markets transactions. Mr. Marks also serves as an Adjunct Lecturer at the University of California, Berkeley at the Law School and previously at the Haas School of Business.

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