Aircraft Leasing & Aviation Finance

Legal Counsel – Aircraft Leasing – Ireland

2010-05-20T14:13:00.001-07:00

This client is an established and well respected company within the Aircraft Leasing & Finance industry. Due to internal promotion there is a vacancy for an in-house legal counsel.

The ideal candidate will have previous experience as a legal counsel in an aircraft leasing / finance company and have transacted and negotiated aircraft lease, purchase and sale agreements.

As the In-House Legal Counsel for this Aircraft Leasing Company you will display some of the following skills

• Prepare, draft and review all legal documentation relation to the lease and financial structures of the lease agreement
• Commercial negotiation of lease, delivery and acceptance terms direct with the customer
• Administration of legal documentation
• Previous experience in aircraft leasing is a must

The role will be based in Dublin, Ireland and will offer a highly competitive salary, bonus and relocation package.

Interested in this Aircraft Leasing In-House Legal Counsel position? Please apply or enquire to Keith Garry +353 (0)86 8233084 or email keith@aircraftleasing.ie

For more aircraft leasing positions legal or otherwise please visit our website www.aircraftleasing.ie

Peak Performance specialise in the recruitment for the aircraft leasing industry globally. We have openings in Marketing, Technical, Legal and Structured Finance

AIRCRAFT LEASING – SENIOR LEGAL COUNSEL

2010-05-19T07:45:00.001-07:00

AIRCRAFT LEASING – SENIOR LEGAL COUNSEL

Location: USA

This is a new opening with a midsized lessor based in the USA. Due to growth in the current portfolio the company are now seeking a senior legal counsel who has the ability to draft and negotiate; sale, purchase and lease agreements for commercial aircraft.

The company have a committed budget for the acquisition of new transactions focusing on the new gen commercial aircraft market.

•Review, draft and negotiate lease agreements, sale agreements, novations, amendments and any ancillary documents.
•Researching cross border lease structures.
•General counsel and some familiarity in export compliance
•Liaise with other internal departments to gather appropriate information required for the closing of the transaction
This is a project management position whereby the legal counsel will be responsible for the deal post LOI until close spearheading the deal process.

As the legal function grows the successful candidate will be expected to assist with best practice implementation and standardisation.

Candidates should ideally be qualified through UK or NY bar and must have previous experience in the transactions of aircraft purchase or lease either within an aircraft leasing company or aviation practice.

The company will consider relocation and sponsorship for the right candidate.

Please apply or enquire to Keith Garry

MB +353 86 8233084
Email keith@aircraftleasing.ie

Interested in other positions or locations within aircraft leasing? Please call to enquire or visit www.aircraftleasing.ie

Peak Performance Specialise in the recruitment of the aircraft leasing industry globally with open positions in Marketing, Technical, Legal, Structured Finance and Asset Management.

Aviation Structured Finance position in the UK

2010-02-08T09:21:00.000-08:00

Aviation – Structured Finance

This Aviation Finance Company based in the UK provides a global finance function serving the commercial aircraft industry. With a significant customer base they are well known by many airlines and aircraft leasing companies worldwide.

The company is seeking a structured finance professional with prior experience in the structuring and negotiation of Aviation Finance transactions.

The Role:

The team members each manage the customer accounts for a specific geographical region. They will manage the relationships and transaction from cradle to grave from the finance perspective. Ultimately, the individual will be expected to be comfortable operating between asset classes and any of the major global debt markets. Average transactions are cross-border, between US$100m and US$200m in size.

Key Responsibilities:

· Structuring, pricing, negotiation and contracting of finance commitments.
· Negotiating internal approval of such financial commitments.
· Origination, negotiation and execution of required debt and equity participations in order to fulfil the contracted commitments.
· Sourcing and management of internal and external parties to ensure transactions close in a timely manner (legal, accounting, tax, technical etc).
· Management, compliance and reporting of the ongoing contingent liabilities resulting from any commitment or transaction within the portfolio.

Experience:

The candidate should be able to demonstrate or develop the following:

· A proven track record in the aviation finance or aircraft / engine leasing industry at a hands on structuring level. An understanding of the commercial and market trends that drive the industry.

· Knowledge of the financial products generally used in commercial aviation.

· Knowledge of and relationships with the main financial institutions that deal in secured asset finance, with a focus on commercial aviation.

· The ability to negotiate contracts at a board level with a detailed knowledge of asset finance transactions.

· Proactive management of the portfolio to identify exposures and reduce risk.

The position will require regular travel to meet with customers mainly within EMEA but may require other geographical coverage. It is a hands on position that will require the successful individual to handle all aspects of the deal.

The package will be negotiated and tailored to the selected individual.

All applications are treated in the strictest confidence!

Interested to apply or learn more about the position? Please send your CV or enquire to Keith Garry Tel: +353 86 8233084 Email: keith@aircraftleasing.ie

For information on other positions in the aircraft leasing and aviation finance industry please view www.aircraftleasing.ie

Dublin AirFinance Conference – What did you think!!

2010-02-04T02:07:00.000-08:00

Dublin AirFinance Conference – What did you think!!

This year seemed to me a marked improvement on last year’s conference in terms of the mood and the turn out.

The industry appears excited about the new lessors entering the market and the strong presence of the Chinese Financial Institutions who appear to be gaining momentum in foreign investments. It is rumoured that some of the Chinese backed lessors will establish operations in Europe over the coming year!! Some think that the lead in time for the new lessors to start making a positive effect in the market will be 6 -12 months.

From talking to a number of clients during the conference there appears to be a number of people who have secured new equity and ready to invest. Some will take the approach of 100% equity deals while others will be more reliant on debt to secure transactions.

Although debt is still not readily available I was pleased to hear of 2nd and 3rd tier lessors securing debt over the past 12 months.

One of the not so good news pointed out that the number of financial institutions in the aviation finance industry has significantly dropped (nothing we didn’t know). Players now need to work harder to secure debt and will have to pay more for it. How long will this last? Who knows?

Overall the shakeup of the industry over the last 12 months has left those still standing relieved that their business models have survived and ready to embrace the long awaited upturn. The mood from the platforms up for sale is that it will be a long process.

Please feel free to share your thoughts and findings with the rest of the group!

Keith Garry

I look forward to seeing some of you at the upcoming ISTAT Conference in Orlando

www.aircraftleasing.ie

Aviation Structured Finance position in the UK

2010-01-25T13:57:00.000-08:00

Commercial Aviation - Structured Finance Associate – UK Based

This Aviation Structured Finance position is high profile position that would be suitable for an experienced sales or customer finance professional within the aircraft leasing and aviation finance industry.

The position will require the successful candidate to originate, price, negotiate and close aircraft finance transactions globally.

The ideal candidate will have prior experience structuring and pricing commercial aircraft transactions with good knowledge of the debt markets and various products.

This position is open to candidates outside the UK.

Interested in the position? Please contact Keith Garry on +353 86 8233084 or email keith@aircraftleasing.ie

Interested in other positions in the aircraft leasing / finance industry please view my website www.aircraftleasing.ie

2010-01-22T07:31:00.001-08:00

Seeking a technical manager with AIRCRAFT LEASING experience to for 6 mth project of redeliveries (737 classics) keith@aircraftleasing.ie

Allco Aircraft Leasing sale finally takes off!

2010-01-07T08:45:00.001-08:00

THE receivers of Allco Finance have finally completed the sale of its key aircraft leasing business — eight months after the deal was signed.

The sale of the business to China's HNA Group, a state-owned transport and logistics company, was announced in May but has been held up waiting for the consent of 29 non-recourse lenders, which between them have $3 billion tied up in the Allco fleet.

Allco's receiver, Peter Gothard of Ferrier Hodgson, said handing over the keys to the aircraft-leasing business was a big step towards the completion of the failed financier's receivership.

"It has taken a little longer than expected," he said. "[But] we knew it was going to be difficult."
He declined to disclose the sale price, but in 2008 Allco put a net value of $86 million on the business, whose customers include Qantas, Emirates, Singapore Airlines, Ryanair and Asiana.
Mr Gothard said completion of the sale was made "a little more thorny" by legal action late last year against former Allco chief David Veal and Geoffrey Kinghorn, son of Allco's founder, John Kinghorn. The action was aimed at restraining the pair from appointing as manager of special-purpose vehicles any entity in which the Kinghorns or Mr Veal had a financial interest.

The legal action is due to resume next month in the Federal and Supreme courts.
HNA's adviser, Bravia Capital, said it had been an "extremely difficult transaction" to formalise.

The Chinese company's off-shoots include Hainan Airlines, the largest private airline in China, part-owned by US billionaire George Soros. It also has stakes in Hong Kong Airlines and Hong Kong Express.

The sale leaves Allco's debtor-finance business as the last tradeable business for the receiver to offload.

Its shipping business, Allocean, which has a fleet of 38 vessels — tankers and container ships — was sold to a Greek shipping company last year for an undisclosed price. The troubled state of the shipping industry made the sale difficult.

Allco's rail-leasing assets in North America and office equipment-leasing business were sold early last year.

Source ‘The Age’ Syndey.

For career opportunities in the Aircraft Leasing and Aviation Finance globally visit www.aircraftleasing.ie

2010-01-07T03:28:00.001-08:00

Attending the Dublin Airfinance Conference in January. Keith Garry is available to meet aircraft leasing & finance professionals all week

VP Marketing - Aircraft Leasing - Asia

2009-11-17T14:28:00.001-08:00

This aircraft leasing company have managed sustained growth over the past 18 months. As part of their strategic growth they are now seeking a person with proven experience to develop their presence in Asia. The company generally focuses on older popular commercial aircraft that will be broken for part out.

As the VP marketing you will; have a proven network of contacts at a senior level with airlines globally, strong business development and negotiation skills and most importantly previous experience in the placement of commercial aircraft.

The ideal candidate will either have previous experience in a leasing company.

Essential for this position is that you can display relative experience in an existing aircraft leasing company. You will have a proven track record in aircraft leasing and trading transactions.

All enquires are in the strictest confidence.

Please apply or enquire to Keith Garry +353 (0)76 615 2055 or email keith@aircraftleasing.ie

Peak Performance Recruitment - specialist to the aircraft leasing & finance industry.
Interested in other career opportunities globally visit www.aircraftleasing.ie

Law Partner - Aircraft Finance - Dubai

2009-11-10T04:31:00.001-08:00

Partnership Opportunity – Aircraft Finance – Law Practice

This client is a leading player in Dubai / Middle East for Aircraft Leasing & Finance. They are seeking a partner for the aviation finance division in Dubai covering the Middle East region. The role will take on an existing client base with the intent to grow this further.

This is an ideal time to join this Law Practice as they proceed to take market share in one of the worlds fastest growing aircraft leasing and finance regions (Dubai / UAE).

• Manage the relationships with customers the senior management
• Commercial negotiation of lease, delivery and acceptance terms with manufacturers and customers
• Oversee, train and hire legal associates.

The role will be based in the Dubai / UAE region and will offer a highly competitive salary, bonus and relocation package.

Interested in this Aircraft Finance position? Please apply or enquire to Keith Garry +353 (0)76 615 2055 or email keith@aircraftleasing,ie

Peak Performance Recruitment are a specialist to the aircraft leasing and aviation finance indsutry.
Please view www.aircraftleasing.ie for other opportunities in the aircraft leasing / finance industry globally.

VP Aircraft Leasing - EMEA

2009-11-09T04:06:00.000-08:00

VP MARKETING – EMEA
Location – Ireland
Salary – Neg

This aircraft leasing company has a new opening for a VP Marketing to join this highly experienced and motivated team.

The company’s management have a strong track record in the leasing industry and are poised to take advantage of the current down turn and current aircraft prices.

As the VP marketing you will display some of the following skills

Strong network with in the airlines, lessors, aircraft manufactures and financial institutions
Originate and source suitable aircraft leasing transactions / opportunities
Negotiate commercial terms of the aircraft lease
Structure, analyse and price the aircraft leasing transaction.

Essential for this position is that you can display relative experience (5-10yrs) in an existing aircraft leasing company. You will have a proven track record in aircraft transactions.

All enquires are in the strictest confidence.

Please apply or enquire to Keith Garry +353 (0)42 941 9660 / +353 (0)86 8233084 or email keith@aircraftleasing.ie

Please view www.aircraftleasing.ie for more opportunities in aircraft leasing or aviation finance globally

2009-11-06T02:28:00.001-08:00

is seeking a VP Marketing to cover EMEA for an aircraft lessor in Dublin. must have 4-5 yrs exp - keith@aircraftleasing.ie

2009-11-05T03:46:00.001-08:00

seeking a VP marketing for Asia must have aircraft leasing experience keith@aircraftleasing.ie

Aircraft Leasing Jobs

2009-05-26T08:02:00.000-07:00

Aircraft Leasing Engine Leasing and Aviation Finance jobs. Jobs in Ireland, USA, UK, Singapore, Rest of Europe view www.aircraftleasing.ie

Peak Performance Recruitment Specialise in all disciplines of aircraft leasing recruitment including marketing, technical, legal, finance and asset management.

Contact Keith Garry on +353 76 6152055 / keith@aircraftleasing.ie

Future of Aircraft Leasing Market

2009-02-25T02:00:00.000-08:00

This is an interesting article on the predicted growth of the aircraft leasing market. I would be interested to hear any ones comments on where they believe the market will go.

Global Aircraft Leasing Market to Reach $279 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

Fuel prices remained high during the first half of 2008, prompting many carriers worldwide to replace their older fleet with fuel-efficient new aircraft models. As a result, leasing companies with new models in their fleet witnessed increased activity. Prevailing credit crunch in the airlines industry and a general shift in preference towards aircraft leasing are projected to push the global leased aircraft portfolio size to $279 billion by 2015.

San Jose, CA (PRWEB) February 19, 2009 -- Losses to the airlines industry can sometimes mean gains to the aircraft leasing industry, as airlines seek to hold up their balance sheets by resorting to leasing an aircraft. This is particularly reflected in the current scenario, where aircraft leasing companies are continuing to make profits, despite a slowdown in the global airlines. The market is witnessing continued leasing deals being signed between the leasing companies and airlines worldwide. Dearth in financial resources to fund internal purchases of aircraft may force many airlines to increasingly rely on aircraft leasing companies.

Lease rates began declining even for most favored aircraft, affecting revenues for leasing companies. Further, airline closures and capacity rationalization among airlines may force leasing firms to postpone or cancel orders and focus on re-placing existing fleet. However, the market is expected to witness a surge in airlines' reliance on sale-and-lease-back agreements for financing aircraft purchases, keeping the prospects of leasing companies buoyant.

Europe and US represent the largest markets for aircraft leasing, in terms of leased aircraft portfolio value. Despite maturing Western European airline market, the overall European aviation industry is booming, owing primarily to growth in Eastern Europe. Asia-Pacific represents the fastest growing market worldwide, with a projected compounded annual growth rate of more than 10% during the next few years.

Commercial Jets represents the largest category in the global aircraft leasing industry, while Business Jets represent the fastest growing segment.

Aircraft Leasing & Finance in 2009

2009-01-05T09:16:00.000-08:00

Where is the Aircraft Leasing and Finance market heading for 2009??

Many people say they want to take advantage of the market conditions and snap up bargains in 2009.

But who can get the finance?

I would be keen to hear about any companies that are keen to grow their aircraft leasing or aviation finance portfolios for 2009. Please add to the blog if you can assist or feel free to contact me at my web site or email. keith@aircraftleasing.ie

http://www.aircraftleasing.ie

My company Peak Performance Recruitment specialises in aircraft leasing jobs and aviation finance jobs globally.