Aircraft Acquisition and Financing


Avoid the bad deal and identify opportunities for your organisation.


How You Will Benefit

  • Identify the critical issues when negotiating aircraft and engine purchase agreements
  • Analyse the crucial terms in operating leases, such as maintenance and return provisions, operating restrictions and defaults and remedies
  • Understand the nature of basic financial structures
  • Understand the issues pertaining to purchase contracts for new and used aircraft
  • Grasp the distinction between operating leases, finance leases and cross border, double-dip-leveraged leases
  • Refine your negotiating skills

Designed for

  • Legal counsels/advisors
  • Corporate Affairs executives
  • Fleet Trading managers
  • Leasing and Insurance analysts
  • Aircraft Asset Management directors
  • Contracts/Sales managers

Course Content

  • Legal status of aircraft - definition, characterisation, nationality and registration, jurisdiction, conflicting laws
  • Term sheets/letters of intent - legal effect
  • Aircraft purchase contracts new aircraft, warranties and exclusions; excusable and non-excusable delays; manufacturer support; performance guarantees
  • Used aircraft - 'as is, where is' indemnities, unrecorded liens
  • Operating leases - legal, financial and technical issues arising in the context of lease negotiations, quiet enjoyment, assignment, maintenance reserves, return conditions, possession and use, liens, indemnities and defaults and remedies, deposits
  • Export credit financing contracts
  • Security, mortgages and pledges
  • Registration and bankruptcy 

Classroom Courses

December 01 - December 04, 2008
SingaporeClass No : 15110
May 04 - May 07, 2009
Geneva, SwitzerlandClass No : 15792
August 24 - August 27, 2009
Montreal, CanadaClass No : 15793
Please note that if no sessions are listed above, then this course is currently not scheduled for delivery in our IATA classrooms.

All IATA courses can be delivered to your offices and tailored to your organisation's reality and needs. If you have a group of 15 or more individuals for this course, please contact us at training.ymq@iata.org and we will provide you with information about bringing this course to your offices at a time convenient for you and your staff.

Prerequisite(s)

Experience in the field of airline contracts and legal issues is recommended.

Diplomas
This course is :
Customised Training
All IATA courses can be delivered to your offices and tailored to your organisation's reality and needs. More details