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.
In addition, the book also covers important factors, such as maintenance reserve development, modeling financial returns for leased aircraft, and appraising aircraft values. Most chapters feature detailed case studies, applying concepts to actual industry circumstances. Users will find this an ideal resource for practitioners or as an outstanding reference for senior undergraduate and graduate students.
1. Cover image - p. Cover 2. Title page - p. iii 3. Table of Contents - p. iii 4. Copyright - p. iv 5. About the Authors - p. xvii 6. Acknowledgments - p. xix 7. Foreword - p. xxi 8. Foreword - p. xxiii 9. Chapter 1. Overview of the Aircraft-Leasing Industry and Market Environment - p. 1 10. Chapter 2. Principles of Aircraft Selection - p. 21 11. Chapter 3. Principles of Aircraft Leasing Versus Ownership - p. 65 12. Chapter 4. Aviation Legal and Regulatory Framework - p. 101 13. Chapter 5. Aviation Insurance and the Impact on Risk Management - p. 141 14. Chapter 6. Aircraft Funding—Debt, Equity, and the Capital Markets - p. 169 15. Chapter 7. Airline Credit Analysis - p. 199 16. Chapter 8. Leasing Portfolio Management and Risk Management - p. 237 17. Chapter 9. Principles of Maintenance Reserve Development and Management - p. 263 18. Chapter 10. Transaction Cost Modeling - p. 299 19. Chapter 11. Lease Agreement and Negotiation - p. 325 20. Chapter 12. Aircraft Valuation and Appraisal - p. 367 21. Chapter 13. Taxation and Considerations for Cross-Border Transactions - p. 409 22. Chapter 14. Engine Leasing - p. 443 23. Index - p. 485
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.
In addition, the book also covers important factors, such as maintenance reserve development, modeling financial returns for leased aircraft, and appraising aircraft values. Most chapters feature detailed case studies, applying concepts to actual industry circumstances. Users will find this an ideal resource for practitioners or as an outstanding reference for senior undergraduate and graduate students.
1. Cover image - p. Cover 2. Title page - p. iii 3. Table of Contents - p. iii 4. Copyright - p. iv 5. About the Authors - p. xvii 6. Acknowledgments - p. xix 7. Foreword - p. xxi 8. Foreword - p. xxiii 9. Chapter 1. Overview of the Aircraft-Leasing Industry and Market Environment - p. 1 10. Chapter 2. Principles of Aircraft Selection - p. 21 11. Chapter 3. Principles of Aircraft Leasing Versus Ownership - p. 65 12. Chapter 4. Aviation Legal and Regulatory Framework - p. 101 13. Chapter 5. Aviation Insurance and the Impact on Risk Management - p. 141 14. Chapter 6. Aircraft Funding—Debt, Equity, and the Capital Markets - p. 169 15. Chapter 7. Airline Credit Analysis - p. 199 16. Chapter 8. Leasing Portfolio Management and Risk Management - p. 237 17. Chapter 9. Principles of Maintenance Reserve Development and Management - p. 263 18. Chapter 10. Transaction Cost Modeling - p. 299 19. Chapter 11. Lease Agreement and Negotiation - p. 325 20. Chapter 12. Aircraft Valuation and Appraisal - p. 367 21. Chapter 13. Taxation and Considerations for Cross-Border Transactions - p. 409 22. Chapter 14. Engine Leasing - p. 443 23. Index - p. 485