Phil Seymour shares his extensive journey in aviation, starting from his childhood under the flight path of Heathrow Airport to his career at British Airways and beyond. He discusses the challenges and transitions he faced, including the impact of economic downturns on the aviation industry, his experiences living abroad, and the founding of an airline. Phil also highlights the importance of adaptability and innovation in navigating the complexities of the aviation sector. In this conversation, Phil Seymour discusses his journey in the aviation industry, emphasizing the importance of innovation, data analytics, and leadership during crises. He reflects on the evolution of IBA, the significance of passion and consistency in leadership, and the changing dynamics between appraisers and OEMs. The discussion highlights the need for a data-driven approach in aviation and the opportunities that arise from adapting to new technologies and market demands. In this conversation, Phil Seymour discusses the complexities of aircraft valuation, financing decisions, and the impact of tariffs on the aviation industry. The discussion delves into market dynamics, order book implications, and the challenges posed by economic uncertainty. The speakers also explore the future of aviation, aircraft deliveries, and the nuances of valuation in a fluctuating economic landscape.