Airline finance – Introduction

· Airline Finance

· Need & Importance – World Airline financial results

· Factors affecting financial results – Asset Utilization – Key Financial issues

· Airline financial ratio – Performance Earnings Ratio – Risk solvency ratio

· Liquidity Ratio – Stock Market Ratios – inter – Airline comparison of financial ratio

Airline Valuations & Source of finance

· The valuation of tangible and intangible assets – The valuation of the Airline as a whole

· Rating agencies – Sources of internal and external finance – Institutions involved in Airline Finance

· Term Loan payment, book profit and manufacturer‘s prepayment

Aircraft Leasing & Finance

· Finance Lease – Meaning, Objectives, Different type of leasing, major differences between Wet, Sale and Operating lease.

· Securitization of Aircraft – Meaning, Purpose and advantages, Airline traffic and Financial forecasts

· Airline capital expenditure projections and airline financial requirement forecasts

Principles of Insurance & Risk Management

· History of Aviation insurance – Basic Principles of Insurance – Basic Terminologies in General Insurance.

· Insurers – Risk & Insurance – Risk Management

Aviation Insurance

· Aircraft hull and liability insurance – Sample policy and endorsement – Airport premise liability and other aviation coverage.

· Underwriting and pricing aviation risk – Aviation business property insurance and transport insurance.