Aircraft Lease Transition Management - Shannon
Aircraft Leasing. This module introduces the participant to the global aircraft leasing industry and examines Irelands history and role within the sector. It is intended to acquaint the student with why Ireland is an attractive country for this industry. It will examine the major stakeholders and the size and fleet of the worlds leased aircraft fleet. It will focus on some of the key elements of a typical operating lease agreement and the responsibilities of the Lessor and Lessee during a lease term.
| Award Name | Special Purpose Certificate (Level 7 NFQ) |
|---|---|
| NFQ Classification | Special Purpose |
| Awarding Body | Technological University of the Shannon |
| NFQ Level | Level 7 NFQ |
| Award Name | NFQ Classification | Awarding Body | NFQ Level |
|---|---|---|---|
| Special Purpose Certificate (Level 7 NFQ) | Special Purpose | Technological University of the Shannon | Level 7 NFQ |
Duration
1 academic year, 3 hours per week.
Wednesday evenings from 6.00pm to 9.00pm
Aircraft Leasing:10 weeks : Online
Asset Transition Financials: 10 weeks : Online
Data and Project Management: 10 weeks : Online
Entry Requirements
What are the entry requirements?
1. Applicants are required to hold an aircraft maintenance qualification or aviation qualification at Level 6 or above or with relevant industry experience.
2.Current CV *must be up to date
Recognised Prior Learning (RPL) / Special Case Registrations: Prospective participants who do not meet the entry requirements for the programme detailed above, but who may qualify for admission by meeting certain other equivalent criteria, should notify the Flexible Learning Office and request consideration under RPL.
Careers / Further progression
Are there opportunities for further study?
Certificate in Aircraft Technical Services.
Further information
START DATE 20/09/2023
Shannon
This programme is Springboard+ funded in 2023. Successful applicants in employment qualify for 90% Springboard+ Funding and will be liable for the balance of 10% fee of €255. Successful applicants on a qualifying DSP payment qualify for 100% funding.
Springboard+ is co-funded by the Government of Ireland and the European Social Fund as part of the ESF programme for employability, inclusion and learning 2014-2021. It is also supported by the European Year of Skills 2023.
Asset Transition Financials: Students will gain an awareness of financial issues relating to the aircraft as an asset, its market value and the factors that have an effect on same. They will be able to demonstrate knowledge of the financial implications of transition management, how MRO hours are calculated and the relationship between the Maintenance Reserve fund and managing the asset.
Data and Project Management: Students will be able to develop a plan to effectively manage the aircraft technical data during the transition phase. They will be able to examine project details and evaluate information, presenting it for dissemination by technical teams during the process. They will be able to generate information and propose solutions to manage client obligations and expectations during negotiations.
Students will develop their awareness of the related Technical, Financial and Commercial principles and requirements necessary to ensure successful on schedule and on budget transitions of aircraft.
The course develops skillsets of experienced aircraft maintenance technician and individuals who have a good understanding of Aircraft Technical Records, Initial and Continued Airworthiness Management. The course develops the required additional knowledge of the financial costs of the Aircraft Lease Transition, of the contract, supplemental rent, delivery and redelivery conditions, the man hours, the engine shop visits, delivering a clear map of the elements required for successful transition, as well as project management and data.
What modules will I study?
Aircraft Lease Transition Management
The course is comprised of three modules:
1. Aircraft Lease Principles
2. Asset Transition Financials
3. Data & Project Management
Students will develop their awareness of the related Technical, Financial and Commercial principles and requirements necessary to ensure successful on schedule and on budget transitions.
Aircraft Leasing: This module introduces the participant to the global aircraft leasing industry and examines Irelands history and role within the sector. It is intended to acquaint the student with why Ireland is an attractive country for this industry. It will examine the major stakeholders and the size and fleet of the worlds leased aircraft fleet. It will focus on some of the key elements of a typical operating lease agreement and the responsibilities of the Lessor and Lessee during a lease term.
Asset & Transition Financials: Students will gain an awareness of financial issues relating to the aircraft as an asset, its market value and the factors that have an effect on same. They will be able to demonstrate knowledge of the financial implications of transition management, how MRO hours are calculated and the relationship between the Maintenance Reserve fund and managing the asset.
Data & Project Management: Students will be able to develop a plan to effectively manage the aircraft technical data during the transition phase. They will be able to examine project details and evaluate information, presenting it for dissemination by technical teams during the process. They will be able to generate information and propose solutions to manage client obligations and expectations during negotiations.
This course will be assessed through 100% continuous assessment.
Flexible Learning Team
+353 61 293055
springboard.midwest@tus.ie