KfW IPEX-Bank GmbH’s Michael Nosbuesch, Head of Aviation Financing and Thomas Brehler, Head of Port, Airport, Construction Industry/PPP Financing speak exclusively to CAPA on financing trends for the global airline and airport sectors. Mr Nosbuesch suggests that operating leases and sale and lease-backs will now be favoured by airlines, as ECA funding recedes and carriers look for greater flexibility. He is bullish about the Arabian airlines, where “the extent of the future growth pace will have to be looked at carefully and evaluated case by case.” And on airport privatisation investments, Mr Brehler sees Asia and Latin America as the “ignition” points with the key opportunities in India, China and Brazil.