Aircraft Finance and Asset Management

Course Overview

Gives you an overview of aircraft finance and asset management in order to understand different financial structures and strategies used for aircraft financial transactions.

Who should attend?

• Airline professionals from all levels who are involved in finance, fleet planning or aircraft remarketing
• Professionals from airframe and engine manufacturers in finance, marketing and sales, contracts, asset management, support and services
• Managers from financial institutions involved in aircraft financing
• Aerospace engineers and technical specialists who are moving into a commercial role within their company

How will I benefit?

This course will enable you to:

• Understand airline financial performance and statements
• Analyse the financing structures used in today's aircraft market
• Appreciate the objectives of airlines, lessors, bankers, insurers and capital markets in aircraft financing
• Understand the role of leasing and capital markets in aircraft financing transactions
• Examine asset management strategies in today’s business environment
• Explore basic principles and techniques to evaluate aircraft residual value

What does the course cover?

• Airline financial performance and issues for the future
• Airline financial performance, order and delivery cycle
• Airline financial statements
• Sources of finance in today’s market:
• Structural overview: loan vs. lease, amortization profiles, managing trade-off between P&L and cash flow, ECA financing, capital market financing
• Loan and lease pricing exercise: credit ratings, base rates and spreads, syndicated loan structure, recent trends in tax leasing and capital markets
• Role of maintenance in asset value
• Aircraft investor strategies
• The aircraft lessor business model
• Airline asset management strategies
• The asset management cycle
• Identifying a winning financing and asset management strategy