Air Business Academy

Aircraft Financing for Non-financiers

Who should attend?

• Airline professionals involved in finance, fleet planning, or aircraft trading
• Manufacturer commercial executives seeking insight into airline financing trends and prospects
• Engineers and technical specialists who are moving into a commercial role within their company
• Bankers, lessors, advisors and lawyers new to the field of aircraft financing

How will I benefit?

After attending this course, you should be able to:

• Understand the role of finance and insurance in aviation

• Know the main aviation finance and insurance jargon used

• Analyse the financing structures used in today's aircraft market

• Appreciate the objectives of airlines, lessors, bankers insurers and manufacturers

• Understand the role of leasing market, manufacturer support and export credit

• Comprehend the aviation insurance market, its financial impacts on airlines and aircraft financing

• Analyse recent trends on aircraft transactions from a financial  perspective

• Understand the role of capital markets in aircraft finance and the current market situation

What does the course cover?

• Aviation business drivers and financial impacts
• Overview of aircraft financing process and players
• Leasing awareness
• Financing and insurance jargon
• Airline financial statements and analysis
• Capital markets, currency exchange and aircraft financing
• Leasing awareness
• Financing structures for aircraft
• The banker’s view:
  - A bank's objectives and criteria when financing a deal
  - Balance sheet and regulatory constraints on banks
  - Document and cash flows in financing structures
  - Problems and trends in air finance and aircraft finance businesses
  - Latest aircraft financing structures
  
• Insurer's view:
  - Objectives and criteria when financing a deal
  - Overview of the insurance market
  - Types of insurance and pricing
  - Case study: Insurance and airline financial implications
  - Aircraft residual value guarantees
  
• Export credit agencies' role and mechanisms in aircraft financing
• Manufacturer's view:
  - Financing overview of the evolution of orders and deliveries 
  - Aircraft financing and government support (Export Credit Agencies - ECA)
  - ECA financing trends
  - PDPs financing overview
  - Backstop financing
• Airline's view on:
  - Financing strategy and flexible fleet management
  - Cost of capital optimisation
  - Financial risk management
  - Airline's financing tools during a crisis
  - aircraft financing: Spanish structures

Presenters

Antoine Gleizes, Structure Finance Director, CALYON Aviation Group

Thierry Justice, Head of Aerospace, Marsh

Corola Mauer, Customer Finance, Airbus

Darcy Olmos, Finance Consultant and Course Director, AirBusiness Academy

Eduardo Sansigre, Senior Vice President - Fleet Contracting, Iberia

Thomas Schmid, CIT Aerospace

Group discounts are available. For details, please contact sabine.kramer@airbusiness-academy.com.

Register now