IndiGo Airlines - Senior Manager/Associate Director - Aircraft Leasing & Financing Management

Senior Manager / Associate Director - Aircraft Leasing & Financing Management

Experience Bracket

Manager - 4-6 years

Senior Manager - 7-10 years

Associate Director - 10-15 years

Required education MBA (Finance), CFA or CA from Tier1 Institutes

Past experience in Financial Modelling, Debt Restructuring, Project Financing, Financial & accounting due diligence, Tax structuring of the investment proposal in Airline / Oil & Gas Industry/ Power & Infrastructure Industry / Consulting/ Private Equity/ Banking Industry ideally

Experience background

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.

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