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Manager Lease Management

2 weeks ago


Gurgaon, Haryana, India IndiGo Full time ₹ 8,00,000 - ₹ 12,00,000 per year

Lease Management

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 engg

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

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, 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.