IndiGo Airlines - Manager/Senior Manager/Associate Director - Aircraft Lease Management

Role: Assistant Manager (1-3 yrs) / Manager (4-8 yrs) / Sr. Manager (9-12 yrs) / Associate Director (13 yrs and above) - Aircraft Lease Management

(Depending upon years of experience)

Department: Aircraft Acquisition & Finance (AAF)

Location: Gurugram (WFO, All 5 days Mandatory, Travel Required)

Position Type: Full-Time

Reports To: Director - Aircraft Lease Management

Job Summary:

As part of Aircraft Lease Management Team your role is take/support business decisions on "How to Maintain Aircrafts" as Assets during their operational journey with IndiGo Airlines through financial modelling, inter-department coordination, Contract negotiations on equipment & aircraft maintenance with lessors.

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, Preferably, if candidate has had the experience of reporting to CXO level.

Skills needed: Proficiency at MS excel, financial modeling, variance analysis, contract negotiations knowledge, project finance, financial leasing , understanding of interest rate risks, IRR, CAGR , PMT, CRR, Hedging, Global Economic Market Understanding-Interest Rate, Currency, Payments, Brent Sentiments etc. , positive attitude, ownership.

Job Responsibilities:

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 engineering

- 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