Aircraft Leasing and Financing: Tools for Success in International Aircraft Acquisition and Management

Aircraft leasing has taken on a greater role in recent years as airlines continue to seek ways to reduce costs and provide efficient operations for their passengers. Commercial aircraft are complicated and mobile machines that require a qualified level of expertise to understand and properly manage. Aircraft Financing and Leasing: Tools for Success in Aircraft Acquisition and Management provides researchers, industry professionals, and students with a thorough overview of the skills necessary for navigating this dynamic field.

The book details the industry’s foundational concepts, including aviation law and regulation, airline credit analysis, maintenance reserves, insurance, transaction cost modeling, risk management tools, such as fuel hedging, and the art of lease negotiations. Different types of aircraft are explored, highlighting their purposes, as well as when and why airline operators choose specific models over others. Aircraft Financing and Leasing: Tools for Success in Aircraft Acquisition and Management equips readers with the legal, financial and negotiation skills necessary for effective aircraft acquisition and leasing.

The book also covers important factors such as maintenance reserve development, modeling financial returns for leased aircraft, and appraising aircraft values. Each chapter features a detailed case study, applying concepts to actual industry circumstances. Aircraft Financing and Leasing: Tools for Success in Aircraft Acquisition and Management can be used as a stand-alone researchers or practitioner’s guide, or as a reference for senior undergraduate and graduate students.

Presents the foundations of aircraft leasing and financing, including aviation law and regulation, airline credit analysis, maintenance reserves, insurance, transaction cost modeling, risk management tools, such as fuel hedging, and the art of lease negotiationsProvides an overview of the different types of aircraft, their purposes, and when and why operators choose specific models over othersOffers a blend of academic and professional views, making it suitable for both student and practitionerServes as an aircraft finance and leasing reference for those starting their careers, as well as for legal, investment, and other professionals requiring industry-specific information

1. Overview of the Aircraft Leasing Industry and Market Environment
2. Aviation Legal and Regulatory Framework
3. Aviation Insurance
4. Aircraft Selection Strategy Basics
5. Principles of Aircraft Leasing versus Ownership
6. Airline Credit Analysis
7. Aircraft Funding – Debt, Equity and the Capital Markets
8. Leasing Portfolio Management and Risk Management
9. Principles of Maintenance Reserve Development and Management
10. Transaction Modeling for Aircraft Returns
11. Lease Negotiations
12. Appraising Aircraft Values
13. Considerations for Cross-Border Transactions
14. Taxation and Leasing
15. Engine Leasing and Financing