Course Detail: ALAF - Aircraft Leasing and Financing

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Overview

The Aircraft Leasing and Financing Course focuses on the aircraft financing and leasing industry, including an overview of aircraft leasing, aviation legal and regulatory framework, aircraft funding, airline credit analysis, and lease vs buy analysis. 

The Aircraft Leasing and Financing Course can be taken independently, or toward the Certificate of Management in Aviation Accounting and Finance.

What You Will Learn 

Upon completing this course, students will be able to:

  • Explain the history and growth of the aircraft leasing industry
  • Describe applicable laws and regulations that govern the aircraft financing industry
  • Compare and contrast different funding sources for aircraft financing
  • Evaluate the effect of quantitative and qualitative variables on airline credit
  • Analyze lease vs buy decisions for an airline and a lessor

Key Topics

  • Aircraft leasing industry history
  • Aviation legal and regulatory framework
  • Aircraft funding sources
  • Airline credit analysis
  • Lease vs buy analysis 

Learning Objectives

  • Explain the origin and growth of the aircraft leasing industry
  • List the major aircraft lessors
  • Illustrate different aircraft lessor business models
  • Describe the current state of the aircraft leasing industry
  • Discuss the unique nature of aviation law
  • Describe applicable laws and regulations that govern the aircraft financing industry
  • Explain the significance of major conventions and treaties that are related to aircraft and airline financing
  • Describe the current aircraft financing environment and its outlook
  • Compare and contrast the different funding sources for aircraft financing
  • Formulate a need for a lessor to assess airline credit risk
  • Explain the analytical framework of credit risk assessment
  • Analyze the cash flows relevant to the Airline to make a lease vs purchase decision
  • Analyze the cash flows relevant to the lessor to make a capital budgeting decision
  • Construct and analyze a model to find the relevant range of lease payments

Who Should Attend

As federal acquisition regulations affect a variety of individuals and departments, professionals working in various capacities across the transportation industry can benefit from this knowledge including:

  • Aircraft Appraisers 
  • Aviation Accountants & Accountants
  • CPAs
  • Accounting and Financial Professionals
  • Aircraft Acquisition Managers
  • Tax Professionals
  • Audit & Assurance Professionals
  • Finance Consultants

Continuing Education Units (CEUs)

Embry-Riddle will award the Continuing Education Units (CEUs) to each attendee who successfully completes the course. The Aircraft Leasing and Financing Course is not currently approved by NASBA to offer Continuing Professional Education (CPE) credits. 

Course Format

Course delivery will include both asynchronous and synchronous components comprised of various instructional strategies, such as Readings, Narrated PowerPoint videos, Discussion Boards, and synchronous online meetings. The best of both worlds ~ an online asynchronous self-paced course with access to a subject matter expert. Program knowledge level is identified as basic, with no required advance preparation or prerequisites. Requirements include a reliable internet connection to access the course and its materials, access to Microsoft Excel or equivalent spreadsheet-creation software, and approximately 40 hours of study over four weeks.

Student performance is assessed by online discussion participation and quizzes; an overall grade of 70% is required to pass the course and apply it toward the Certificate of Management in Aviation Accounting and Finance. All quizzes provide two attempts. If additional attempts are needed, a request can be submitted to the instructor.

Registration Information

The preferred method of payment is credit-card at the time of registration. If you are paying by another method of payment (wire-transfer, employer voucher, check/PO), please 'Create Profile' from the left menu and then contact Daytona Beach ProEd to submit a registration request. Please note registrations are not guaranteed until payment is received in full.

Contact Us

For questions on the Certificate of Management in Aviation Accounting and Finance and related courses, please contact dbproed@erau.edu or 386 226 6928. 

Cancellation Policy

A cancellation charge of $50 will be assessed on any standard cancellations. A late cancellation charge of 25% of the course registration fee will be assessed on cancellations occurring within 14 days of the start of the course. For additional information, please review the detailed cancellation, deferment, no-show and refund policies.

 Session Information: D0824-ALAF-I1

Schedule: The course is offered as an online, asynchronous course from August 19 to September 13, 2024. The instructor will provide virtual office hours, to supplement learning objectives and review content. The final schedule will be confirmed by the instructor. If content is covered during the virtual office sessions, they will be recorded and posted to the course.
Standard Fee : $700.00

Additional Information

Contact: Crystal Fornataro
Email: dbproed@erau.edu
Tel: 386.226.2983

Instructors

Name Additional Resources
Sunder Raghavan

Facility Detail

Daytona Beach Campus
Online Course
Embry-Riddle Aeronautical University
Online Course, - 00000