Lease Management
Contract negotiations
- Lead the floating and evaluation of RFPs for aircraft components, buyer furnished equipment, seller selectable equipment & aircraft maintenance
- Term sheet evaluation, contract negotiation and closure for aircraft maintenance (like C Checks, lease returns, APU overhauls, landing gear overhauls, maintenance of wheels and brakes etc.)
- Contract negotiation and execution for SSFE & BFE selection, purchase and maintenance
- Contract renegotiation for better terms, cash flow savings, new products and services etc.
Manage the re-deliveries of aircraft
- Manage the project of redelivery of aircraft
- Overview on the technical aspects of the redelivery transactions
- Administer various activities during re-delivery of aircraft while it is in MRO
- Negotiate various outstanding items at re-delivery date with Lessor
- Timely return of aircraft to Lessor
Identify & persuade business teams for new ideas/projects involving cost reduction ideas.
- Gather market intelligence about competitor airline, MROs, Lessors, OEMs. Various contracts
- Keeping track and analyzing the technical profile of the engines, APU, landing gears, etc
- Monitor, analyze and ensure compliance of the engine/APU & other FHA agreement
- Work in close coordination with engg
Existing contract management maintaining constant dialogue with external stakeholders for ensuring strict compliance of all covenants
- Aircraft lease management:
- Maintain strong relationships with the financiers/lessors
- Evaluating leases to ensure compliance with the terms, conditions, dates, commercials, rents and other stipulations
- Reviewing and managing the letter of credit reconciliations
- Managing the claim reimbursements for overhauls from aircraft lessors
- Keeping track and analyzing the technical profile of the aircraft fleet
- Evaluate and analyze market trends for the new technologies for products and services in the aviation sector
Required education and experience background: MBA (Finance), CFA or CA. The person should have been a part of tea taking business decisions at large corporate, not necessarily bank. The candidate should be exposed to decision making, financial modelling, inter-department. Preferably, if candidate has had the experience of reporting to CXO level.
Skills needed: proficiency at MS excel, positive attitude, ownership.
Experiece - 5+ years of relevant experience.
Qualification - MBA (Tier 1/2)/CA/B.tech
