Start date: 31 January 2019
Duration: Until 8th June 2019
Cost: €2,400 (with 20% Skillnet Funding applied)
Course code: n/a
This diploma course provides comprehensive coverage of the key aspects of the aviation and finance leasing industry and most importantly the legal considerations for each topic and the relevant law. There is an emphasis on both the theoretical but also the practical. The lecturers and tutors are of the highest calibre with years of experience in the industry.
an enhanced knowledge of the aviation industry in Ireland and internationally
an ability to recognise the implications of a wide range of legal documentation in order to flag the key concerns of an airline, leasing company and/or a financier in agreements
a knowledge of negotiation points raised by parties in the aviation current market
a knowledge of judicial decisions and legislative and procedural developments in aircraft leasing and finance transactions
an opportunity to consolidate their knowledge through practical problem questions in the workshops.
Who is the course for
The Diploma is aimed at legal professionals and other professional working in aviation law in legal practices, in aircraft leasing companies, in banks and financial institutions that fund the purchase of aircraft, those working for aircraft manufacturers, in the aviation insurance industry, for airlines or anyone working in the aviation sector in general.
Applicants should be a lawyer or have a minimum of 2 years’ experience in the aviation industry.
Module 1: Introduction to the aviation industry
Origins of the industry in Ireland, profile of the industry in 2017, analysis of the main industry players
Module 2: Purchase and Leasing Aircraft
Key aspects of a purchase and a delivery of an aircraft. Aircraft operating leases and issues raised by a lessor and lessee.
Module 3: Aviation Finance
Commercial debt financing, capital market structures and pre-delivery payment financing; Export Credit Agencies and the function of the Export–Import Bank (US).
Module 4: Regulatory enviroment
Role of the Irish aviation authority, the Chicago Convention, the Cape town Convention
Module 5: Taxation and Insurance
Tax and leasing transactions, insurance provisions in an aircraft operating lease
Module 6: Applied leasing issues
Redelivery of aircraft, helicopters, engine leasing, maintenance reserves
Module 7: Repossession and recovery Repossession in practice, key documentation, key clauses, termination notices.
There are approximately 40 lecturers engaged to deliver lectures and practical workshops throughout the course (please see timetable attached). All are either lawyers or professionals in the aviation sector and are considered experts in their field. There is a mix of lecturers with many working in Irish companies, but many also in the UK and the US.
Law Society of Ireland is the representative, regulatory and educational body of the solicitors’ profession in Ireland. With over 14,000 solicitor members, the Law Society carries out a range of statutory and non-statutory functions