Aircraft Leasing and Financing

Tools for Success in International Aircraft Acquisition and Management

Vitaly Guzhva, Sunder Raghavan, Damon J. D’Agostino, Damon J. D'Agostino

• Publisher: Elsevier
• Year: 2024
• Print ISBN:
  9780443153730
• eBook ISBN:
  9780443153747
• Edition: 2
• Topic: Tecnología e ingeniería
• Subtopic: Transporte y navegación

Aircraft Financing and Leasing: Tools for Success in Aircraft Acquisition and Management, Second Edition provides students and industry professionals with unique insights into the latest developments in the Commercial Aircraft and Engine Leasing and Financing industry that has grown into one of the most distinctive and important industries globally. This book offers a blend of academic and professional views that make it educational and relevant to the everyday operations of the industry. It can be used as a stand-alone textbook as well as a practitioner's guide.Given the impact of the COVID-19 virus on airlines around the world, the industry has experienced substantial changes since the first edition was published. This second edition is thoroughly revised and includes some new case studies and an entirely new chapter on Environmental Considerations with Respect to Aviation Finance.Aircraft Financing and Leasing details the industry's foundational concepts, including aviation law and regulation, airline credit analysis, maintenance reserve development, insurance, transaction cost modeling, risk management tools such as asset and credit diversification, and the art of lease negotiations. Different types of aircraft are explored, highlighting their purposes, as well as when and why airline operators and investors choose specific models over others. In addition, the book covers important factors such as modeling financial returns for leased aircraft and appraising aircraft values.Users will find this an ideal resource for practitioners or as an outstanding reference for senior undergraduate and graduate students. - Includes a new chapter on Environmental Considerations with Respect to Aviation Finance as well as updates throughout to reflect changes in the industry, particularly due to COVID-19 - Utilizes case studies in each chapter—real-life examples that will help the readers apply newly learned concepts to real problems of the industry - Highly illustrated with text boxes for examples and real-world applications; graphs, charts, tables, diagrams, flow charts, photos, maps; and examples of forms - Offers a blend of academic and professional views, making it suitable for both student and practitioner - Serves as an aircraft finance and leasing reference for those starting their careers, as well as for legal, investment, and other professionals

Table of contents

• Cover
• Front Matter
• Table of Contents
• Copyright
• About the authors
• Acknowledgments
• Foreword by C. Jeffrey Knittel
• Foreword by Dick Forsberg
• List of Illustrations
• List of Tables
• Chapter 1 : Overview of the aircraft leasing industry and market environment
• Chapter 2 : Principles of aircraft selection
• Chapter 3 : Principles of aircraft leasing versus ownership
• Chapter 4 : Aviation legal and regulatory framework
• Chapter 5 : Aviation insurance and the impact on risk management
• Chapter 6 : Aircraft funding—Debt, equity, and the capital markets
• Chapter 7 : Sustainable aviation: Issues and challenges
• Chapter 8 : Airline credit analysis
• Chapter 9 : Leasing portfolio management and risk management
• Chapter 10 : Principles of maintenance reserve development and management
• Chapter 11 : Transaction cost modeling
• Chapter 12 : Lease agreement and negotiation
• Chapter 13 : Aircraft valuation and appraisal
• Chapter 14 : Taxation and considerations for cross-border transactions
• Chapter 15 : Engine leasing
• Index
• A