Assistant Manager at Interglobe Aviation Ltd.
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Indigo - Manager/Senior Manager - Aircraft Lease Management (5-10 yrs)
1. 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.
2. Identification of projects/opportunities for cost reductions and savings
3. Evaluate and analyze market trends for the new technologies for products and services in the aviation sector
4. Administer the re-deliveries of aircraft
- Initiate and lead the process of redelivery on-time to ensure timely redelivery of an aircraft at an optimal cost
- Lead the process of aircraft redeliveries to negotiate and close the redelivery transactions
- Understand and evaluate the technical aspects of the redelivery transactions with a view to achieve cost optimization
- Administer various activities during re-delivery of aircraft while it is in MRO
- Negotiate various commercial outstanding items at re-delivery date with Lessor
5. Engine maintenance
- Keeping track and analyze the technical profile of the engines to ensure that engine operations remain within cost optimal parameters
- Monitor, analyze and ensure compliance of the engine maintenance agreement
6. Claim management:
- Lead the claim management function
- Maintain strong relationships with the financiers/lessors
- Evaluating leases to ensure compliance with the terms, conditions, dates, commercials, rent 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
7. Existing contract management - maintaining constant dialogue with external stakeholders for ensuring strict compliance of all covenants
Qualification: Degree in engineering from a premier institute along with MBA/masters or Chartered Accountant. The education should preferably with undergrad degree/master's degree in aviation management or aviation finance or general aviation