Certificate in Aircraft Lease Transition Management (Certificate in Aircraft Lease Transition Management )

Limerick Institute of Technology (SB20ALTM)
Key Programme Details
Award

Certificate in Aircraft Lease Transition Management

NFQ Level

Level 7 About NFQ

Delivery Method

Blended

Mode

Part Time

ECTS Credits

30

Department

Mechanical & Automobile Engineering

General Information
Contact

Brigid Della Pace

Email

Springboard@lit.ie

Phone

+353 61 293055

Address

Springboard+ Team @ LIT
Flexible Learning Department
Limerick Institute of Technology
Flexible Learning Office (3A.06)
Moylish Park
Limerick
V94 EC5T

Important Dates
Application Deadline

13/01/2021

Start Date

21/01/2021

End Date

20/12/2021

About this Course

*** THIS PROGRAMME IS NOW CLOSED FOR APPLICATIONS.
PLEASE SEE THIS LINK https://lit.ie/en-IE/courses?ct=4&cd=9FOR OTHER PART-TIME UPSKILLING OPTIONS IN AVIATION ***


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.

Objectives

*** THIS PROGRAMME IS NOW CLOSED FOR APPLICATIONS.
PLEASE SEE THIS LINK https://lit.ie/en-IE/courses?ct=4&cd=9FOR OTHER PART-TIME UPSKILLING OPTIONS IN AVIATION ***


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.

Entry Requirements

Entry Requirements:

*** PLEASE READ CAREFULLY ***


1. Priority will be given to applicants who have already completed the following LIT aviation programmes:

PRIORITY 1 4 Modules Complete
Aircraft Records, CAMO, Part 21, Aircraft Leasing

PRIORITY 2
Aircraft Technical Services (ATS Class of 2018)

2. Recognised Prior Learning (RPL) / Special Case Registrations: Prospective participants who do not meet the entry requirements for the programme detailed above, but who may qualify for admission by meeting certain other equivalent criteria, should notify the Flexible Learning Office and request consideration under RPL. Please submit your application online and then email Springboard@lit.ie requesting RPL consideration.

3. EXAMS: This programme will be assessed through 100% continuous assessment.

4. ENGLISH LANGUAGE: Applicants who do not have English as their first language must ensure they satisfy English Language requirements. For entry to undergraduate courses, a minimum score of 5.5 in an IELTS exam is required. For postgraduate courses, a minimum of 6.0 is required. It is the responsibility of the applicant to ensure their English proficiency meets these requirements.

5. FEES: €3,000. Please note that this programme is 90% Springboard funded for successful employed applicants and the fee to be paid will be €300. This 10% fee is non-refundable.
This programme is 100% Springboard funded for unemployed successful applicants.

Long Description

*** THIS PROGRAMME IS NOW CLOSED FOR APPLICATIONS.
PLEASE SEE THIS LINK https://lit.ie/en-IE/courses?ct=4&cd=9FOR OTHER PART-TIME UPSKILLING OPTIONS IN AVIATION ***



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.

What will the time commitment be?
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.

Why Choose This Course

Other aviation programmes in LIT https://lit.ie/en-IE/courses?ct=4&cd=9

Timetable Info

This programme will commence in January 2021
The course will run from Thursday 21st January 2021 to December 2021. End date TBC
Classes will take place one evening per week ie. Thursday evening from 6pm to 9pm. Starting Thursday 21st January
This programme will be delivered in a blended format ie. a mix of online and classroom sessions
Classes will take place in Atlantic Air Adventure Aviation Centre in Shannon Town, Co Clare
https://atlanticairadventures.com/

Aircraft Leasing: Start 21st January / 10 weeks & 10 evenings
Asset Transition Financials: Start 15th April / 10 weeks & 10 evenings: Online
Data and Project Management: Start July or Sept. TBC / 10 weeks & 10 evenings: Online
Weekly commitment approx. 20 hours depending on previous knowledge & work experience
Approx. 200 hours per module


Delivery Location

Classes will take place in Atlantic Air Adventure Aviation Centre in Shannon Town, Co Clare
https://atlanticairadventures.com/

Delivery Notes

This programme will commence in January 2021
The course will run from Thursday 21st January 2021 to December 2021. End date TBC
Classes will take place one evening per week ie. Thursday evening from 6pm to 9pm. Starting Thursday 21st January 2021
This programme will be delivered in a blended format ie. a mix of online and classroom sessions
Classes will take place in Atlantic Air Adventure Aviation Centre in Shannon Town, Co Clare
https://atlanticairadventures.com/

Aircraft Leasing: Start 21st January / 10 weeks & 10 evenings
Asset Transition Financials: Start 15th April / 10 weeks & 10 evenings: Online
Data and Project Management: Start July or Sept. TBC / 10 weeks & 10 evenings: Online
Weekly commitment approx. 20 hours depending on previous knowledge & work experience
Approx. 200 hours per module


Admissions Contact Details
Contact Person

Brigid Della Pace

Address

Springboard+ Team @ LIT
Flexible Learning Department
Limerick Institute of Technology
Flexible Learning Office (3A.06)
Moylish Park
Limerick
V94 EC5T

Email

Springboard@lit.ie

RPL Information

Recognition of Prior Learning (RPL) may be granted based on relevant experience and training in accordance with LIT's RPL Policy.

Application Procedures

Apply online at www.springboardcourses.ie

To complete your application process you must upload the below supporting documents to your online application. Please note that incomplete applications will ,not be assessed. The onus is on each applicant to ensure that their online applications are complete.

1. Current CV. Please ensure under 'Education' you list the LIT Aviation programmes you have completed
2. Proof of existing level 6 educational qualifications. Please ensure you include LIT Aviation programmes completed
3. Proof of nationality ie. passport
4. Proof of employment ie. payslip/p60 (amounts can be redacted) / social welfare payment ie. receipt/letter

Please note that places are LIMITED and only COMPLETE applications can be assessed. Please apply online here for your programme and ensure ALL SUPPORTING DOCUMENTS are uploaded to your online application. Any missing documents will lead to a delay in processing.

This programme is 90% funded for those in employment. Students who fall into this category must pay a fee of €300 to secure their place on the programme. This 10% fee is non-refundable.

EMPLOYED APPLICANTS: ONE of the following: A recent payslip / most recent P60 / revenue documentation letter from employer confirming this (amounts may be redacted from financial documents) / letter/email from employer / proof from company website etc.

UNEMPLOYED APPLICANTS: Proof of social welfare: Written confirmation from the Department of Employment Social Protection (DEASP) that you are a Social Welfare recipient at the commencement of the course. Name of payment. Receipt from Post Office may suffice.

RETURNERS: If you are a returner who has been on home or other caring duties for 9 of the last 12 months OR you are economically dependent on a partner or spouse and have been unemployed for 9 of the last 12 months you must supply a notarized affidavit confirming this. Please email Springboard@lit.ie to request this form.

FORMERLY SELF-EMPLOYED: Provide a letter/statement from Revenue stating that the applicant is no longer trading or a similar letter from the applicants (former) accountant should be sufficient.

FEES: €3,000. Please note that this programme is 90% Springboard funded for successful employed applicants and the fee to be paid will be €300.This 10% fee is non-refundable.
This programme is 100% Springboard funded for unemployed successful applicants.

APPLICATION OUTCOME Please note that all applications will be assessed after the closing date.
Applicants can expect to hear from us the week commencing Monday 11th January 2021.

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