Course Details

Course Code:
FI6043
Available:
Part-Time
Duration:
2 Weekends
Award:
University Certificate of Study
Qualification:
3 ECTS Credits at Level 9 on the NFQ
Faculty: Kemmy Business School
Course Type: Professional/Flexible
Fees: For Information on Fees, see section below.

Contact(s):

Name: Carole Ryan
Email: Carole.Ryan@ul.ie

Express Interest

Register your interest here for more information or to be notified when applications are open.

Brief Description

Please Note: Live online attendance is mandatory.

Please ensure you enter the Module Code above when applying for this module. Applications without this cannot be processed. You may apply for more than one module under the same application.

This unique module is the world's leading academic course on aircraft leasing. More than half of all commercial aircraft are currently leased and this important module aims to provide students with a thorough and systematic coverage of the important aspects of aircraft leasing and it explains why this financing mechanism has become a core competency when acquiring aircraft. The five major objectives of the module are: 

  • To provide a thorough examination of the aircraft and engine leasing market  

  • To outline the different mechanisms that are available to finance aircraft 

  • To provide a comprehensive analysis of the content of an operating and financial lease  

  • To determine how aircraft are financially valued throughout their economic  

  • To provide students with experiential learning of the how aircraft operating leases are negotiated between leasing companies and airlines

 

Course commencement is subject to internal validation and approval

Learning outcomes:  

On the successful completion of this module participants will understand:  

 

 

 

 

Cognitive: 

 

  • Distinguish between and examine the aircraft and engine leasing business and its trends  

  • Discover the different types of financing including securitisation that is available in the marketplace when procuring aircraft  

  • Establish the crucial terms in operating leases, such as deposits, maintenance reserves, return provisions, operating restrictions and defaults  

  • Formulate and negotiate an aircraft/engine leasing letter of intent  

  • Identify and examine the legalities and associated risks of aircraft asset management 

 

 

 

Affective: 

 

  • Display a level of expertise in aircraft leasing contracts             

  • Participate in valuing aircraft throughout their economic life cycle 

  • Display a culture of 'fine tuning' a leasing contract so that it meets the customer requirements                               

  • Attempt to visually match the condition of the leased aircraft to the specifications set out in the lease agreement. 

 

Assessment:  

There is no final exam for this module. You will be assessed through 1-2 continuous skill-based assignments, provided by your lecturer. 

The programme is open to managers and supervisors from a variety of disciplines or those aspiring to a managerial role with three to five years organisational experience in a relevant field.  Completion of an NFQ level 8 qualification or equivalent is required. 

€1500 

This module has secured funding under the Aviation Skillnet. Eligible companies and individuals can secure a 25% contribution towards course fees. For funding information only, you or your employer should contact Maeve O’Neill, at 061 423622 or maeve@icbe.ie, to confirm that you are eligible for support. Subject to terms and conditions.

Please click here for information on funding and scholarships.