Program Overview

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

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.

Entry Requirements

• Applicants are required to hold an aircraft maintenance qualification or aviation qualification at Level 6 or above or with relevant industry experience.
• Current CV must be up to date.

Course Content

Semester 1

• 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.

Delivery

• Start Date: 3rd September 2025
• The course will run over one academic year from Wednesday 3rd September 2025
• Classes will take place online one evening per week (Wednesdays) from 6pm to 9pm

Time Commitment

• 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.

Assessment

• Continuous assessment (100% online).

Qualification

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

Fees

• This programme will be Springboard+ funded in 2025. Successful applicants in employment will qualify for 90% Springboard+ funding & will be liable for the balance of the 10% fee of €300. Successful applicants on a qualifying DSP payment will qualify for 100% funding.