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Aircraft Leasing and Financing
Tools for Success in International Aircraft Acquisition and Management
- 1st Edition - November 29, 2018
- Authors: Vitaly Guzhva, Sunder Raghavan, Damon J. D’Agostino
- Language: English
- Paperback ISBN:9 7 8 - 0 - 1 2 - 8 1 5 2 8 5 - 0
- eBook ISBN:9 7 8 - 0 - 1 2 - 8 1 5 2 8 6 - 7
Aircraft Financing and Leasing: Tools for Success in Aircraft Acquisition and Management provides researchers, industry professionals and students with a thorough overview… Read more
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Request a sales quoteAircraft 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.
- Presents the foundations of aircraft leasing and financing, including aviation law and regulation, airline credit analysis, maintenance reserves, insurance, transaction cost modeling, and more
- Provides an overview of the different types of aircraft, their purposes, and when and why operators choose specific models over others
- 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
Aircraft Economics or Finance researchers and senior undergraduate and graduate students. Industry professionals, such as airline executives, lawyers, investors, aircraft manufacturers, and those seeking career transition into aviation finance and leasing
1. Overview of the Aircraft Leasing Industry and Market Environment
2. Aviation Legal and Regulatory Framework
3. Aviation Insurance
4. Aircraft Selection Strategy Basics
5. Principles of Aircraft Leasing versus Ownership
6. Airline Credit Analysis
7. Aircraft Funding – Debt, Equity and the Capital Markets
8. Leasing Portfolio Management and Risk Management
9. Principles of Maintenance Reserve Development and Management
10. Transaction Modeling for Aircraft Returns
11. Lease Negotiations
12. Appraising Aircraft Values
13. Considerations for Cross-Border Transactions
14. Taxation and Leasing
15. Engine Leasing and Financing
2. Aviation Legal and Regulatory Framework
3. Aviation Insurance
4. Aircraft Selection Strategy Basics
5. Principles of Aircraft Leasing versus Ownership
6. Airline Credit Analysis
7. Aircraft Funding – Debt, Equity and the Capital Markets
8. Leasing Portfolio Management and Risk Management
9. Principles of Maintenance Reserve Development and Management
10. Transaction Modeling for Aircraft Returns
11. Lease Negotiations
12. Appraising Aircraft Values
13. Considerations for Cross-Border Transactions
14. Taxation and Leasing
15. Engine Leasing and Financing
- No. of pages: 526
- Language: English
- Edition: 1
- Published: November 29, 2018
- Imprint: Elsevier
- Paperback ISBN: 9780128152850
- eBook ISBN: 9780128152867
VG
Vitaly Guzhva
Dr. Guzhva is a Professor of Finance in the College of Business of Embry-Riddle Aeronautical University, where he teaches Aviation Finance courses. He holds a BS in Aeronautical Engineering, MS in Military Science, MBA in Aviation, and Ph.D. in Finance. He has logged more than 5,000 flight hours as a military and corporate pilot. His work appeared in various peer-reviewed journals, and his research related to the United States' airlines' losses following September 11, 2001, and the financial health of United States general aviation airports was widely discussed in the national business and aerospace press. His applied research and consulting projects included industry assessments and market analyses for major aircraft manufacturers, benefit-cost analyses of Operational Improvements for NextGen Air Transport Management systems, assessments of major investments in aviation infrastructure, and others. His current research interests include analysis of airline bankruptcies, aviation data monetization strategies, and investment performance of Aircraft ABS and EETCs.
Affiliations and expertise
Professor of Finance, College of Business of Embry-Riddle Aeronautical University, Daytona Beach, USASR
Sunder Raghavan
Dr. Raghavan is a Professor of Finance, a Fulbright Scholar, and an ISTAT U program coordinator at the College of Business at Embry-Riddle Aeronautical University. He received his Ph.D. from Washington State University and is an Accredited Senior Appraiser (ASA) with an aircraft specialty designation. His research interests include aircraft finance and leasing, international aviation finance, fuel price hedging, exchange rate modeling, financial distress and bankruptcy, functioning of financial markets in developing countries, and theoretical application of finance to the airline industry. He has published in various journals, including Elsevier's Journal of Air Transportation Management. He has authored two case study books in aviation finance. He has served as a consultant to the Reserve Bank of India. Dr. Raghavan has international teaching and research experience in the United States, Canada, China, India, and the Middle East. As part of his Fulbright grant, he researched innovative aircraft financing methods used by Middle Eastern Airlines.
Affiliations and expertise
Distinguished Professor of Finance and Master of Science in Aviation Finance Program Coordinator, College of Business of Embry Riddle Aeronautical University, Daytona Beach, FL, USADD
Damon J. D’Agostino
Damon J. D'Agostino is a Co-Founder and the President and CEO of Zephyrus Aviation Capital, a leasing platform focusing on young to mid-life aircraft. He previously spent the majority of his career at CIT Aerospace, one of the world's leading aircraft-leasing companies. His last role at CIT was chief commercial officer, where he was responsible for all aspects of' CIT's commercial strategy and execution, including aircraft sale and lease transactions, airline relationship management, contract negotiation, restructurings, and new aircraft and engine acquisitions. Prior to that role, he served as chief sales officer. D'Agostino is a graduate of Embry-Riddle Aeronautical University, where he received a Bachelor of Science Degree in Aviation Business Administration, with a concentration in Finance. He also received an MBA in international business from the University of Miami, where he was summa cum laude and valedictorian of his graduating class.
Affiliations and expertise
President and CEO, Zephyrus Aviation Capital, FL, USARead Aircraft Leasing and Financing on ScienceDirect