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Aircraft Lease Transition Management (Certificate, L7, 30 ECTS)

  • Status: Register Your Interest

  • Campus: Shannon

  • years: 1

  • Fees: €2,550* See FEES section below for funding options


Course Overview

Aircraft Lease Transition Management

The course is comprised of three modules:
1. Aircraft Lease Principles
2. Asset Transition Financials
3. Data and 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 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.

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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. 

Contact Details

General Queries

Flexible Learning Office

Email: Springboard.midwest@tus.ie

Telephone: (061) 293802

Academic Queries

Jane Magill

Email: Jane.Magill@tus.ie

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.

or

Recognised Prior Learning (RPL): Prospective applicants who do not meet the academic entry requirements should submit their application online and then email Springboard.midwest@tus.ie to request assessment via RPL.

ENGLISH LANGUAGE: Applicants who do not have English as their first language must ensure they satisfy English Language requirements. For entry to undergraduate courses, a minimum score of 5.5 in an IELTS exam is required. For postgraduate courses, a minimum of 6.0 is required. It is the responsibility of the applicant to ensure their English proficiency meets these requirements.

Course Content

  • Aircraft Lease Principles

    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.

More Information

  • Modules are to be delivered over 1 year in an online learning format.

    Wednesday evenings from 7.00pm to 10.00pm

    Aircraft Leasing:10 weeks : Online
    Asset Transition Financials: 10 weeks : Online
    Data and Project Management: 10 weeks : Online

  • Each 5 credits will normally equate to approximately 100 Total Learning Hours. Total Learning Hours includes the time you spend in class (lectures, tutorials, practical elements) and the time you spend completing work outside of college. The balance between these two varies by discipline, and by level of study. You should bear in mind that the workload will increase at particular times e.g. when assignments are due.

  • Continuous assessment (100% online).

  • Certificate in Aircraft Lease Transition Management (Special Purpose Award, Level 7, 30 ECTS)

  • This programme was Springboard+ funded in 2023. Successful applicants in employment qualified for 90% Springboard+ funding & were liable for the balance of the 10% fee of €255. Successful applicants on a qualifying DSP payment qualified for 100% funding.

  • TBC for 2024-2025 Academic Year