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One Day Introduction to Aviation Leasing Course (On-Line) | September 25th | Available to Book

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  • Date: 25 Sep 2024
  • Time: 9:30 am to 5:30 pm

One Day Introduction to Aviation Leasing Course (On-Line)

Wednesday September 25th 2024, 9.30am to 5.30pm

Funded cost €195 pp.  Early booking advised as places are limited

Contact maeve@icbe.ie to book your place(s)

 

Programme Overview

The One-Day Aviation Leasing Course from Aviation Services Training, Shannon facilitated by John McMahon provides participants with a comprehensive understanding of the aviation industry, including the factors driving its growth and the key players involved. It covers the history and current market dynamics of the airline business, differentiating between passenger and cargo markets, and addressing current challenges and future trends. The course delves into the fundamentals of aviation leasing, highlighting aircraft and engine leasing, and guides participants through the processes of aircraft selection from both airline and lessor perspectives. Additionally, it focuses on risk management strategies, covering credit, asset, technical, jurisdictional, and insurance risks, as well as portfolio management. The structure of operating leases, including negotiation phases, key commercial terms, and legal aspects, is explored in depth. Finally, participants learn about aircraft ordering, purchasing, and trading, providing a holistic view of the aviation leasing business.

 

Programme Content:

  • Course overview and objectives
  • Introductions of participants and instructor

Part 1: Aviation Industry Overview

  • Factors driving growth of the aviation industry
  • Key players –airlines, manufacturers, aircraft and engine leasing companies

Part 2: The Airline Business

  • History and development
  • Current market dynamics (including regional differences)
  • Passenger vs Cargo markets
  • Current challenges and future

Part 3: The Aviation Leasing Business

  • History and development
  • Current market dynamics (including key players)
  • Fundamental aspects of aviation leasing
  • Aircraft vs Engine Leasing

Part 4: Aircraft Selection

  • Airline perspective
  • Lessor perspective

Part 5: Risk Management in Aviation Leasing

  • Credit
  • Asset
  • Technical
  • Jurisdiction
  • Insurance
  • Portfolio Management

Part 6: Structure of an Operating Lease

  • Negotiation phases
  • Key commercial terms
  • Legal aspects

Part 7: Aircraft Ordering, Purchasing and Trading

  • Should a lessor order its own aircraft?
  • How much does an aircraft costs?
  • What is being purchased?
  • Trading aircraft on lease

Conclusion

  • Wrap-up and summary of key points
  • Open floor for outstanding questions/discussion
  • Feedback and course evaluation

 

About the Facilitator:

John McMahon is a non-executive director, aviation consultant and Adjunct Professor at University of Limerick.

He led the initial public offering and New York Stock Exchange listing of Genesis Lease Limited, a global aircraft leasing company, where he served as Chairman and CEO from 2006 until its merger with AerCap in 2010.  Previously, he held senior management positions at Lloyds TSB Bank in the UK and Debis AirFinance (now AerCap) in The Netherlands as well as executive roles at GE Capital Aviation Services, GPA Group and Aer Lingus.

His current non-executive directorships include aircraft lessor, Genesis Aircraft Services, aviation analytics company, Aerlytix, as well as several aviation leasing ABS structures/portfolio companies with more than 250 leased aircraft and engines. He served as senior independent director of Wizz Air from 2012 to 2018 and as chairman of BNP Paribas Ireland from 2010 to 2019.

He holds a Bachelor of Engineering degree from the University of Galway, post-graduate diplomas in Accounting and Finance (Association of Chartered Certified Accountants) and Computer Modelling & Simulation (Trinity College Dublin) and a Professional Certificate in Data Science and Big Data Analytics (Massachusetts Institute of Technology).  He completed the Advanced Management Program at Harvard Business School and is a Chartered Director of the Institute of Directors.

 

Note: This course is also available on request as an in-company session, contact maeve@icbe.ie to request dates.

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