Semester	Lectures + Exercises	Subject Designation
IX	1 + 2	---

 

Subject Holder:

Prof. Dr. Sc. Ivica Smojver

Asst. Prof. Darko Ivančević

Branimir Vuković, Grad. Eng. (external lecturer, AvioCATS)

 

Objective:

To familiarize students with the economical aspects of exploitation of various aeronautical structures during their life-cycle, starting from the introduction on the market; to give students, through the practical examples, the overview of the methodology applied in today’s airlines.

 

Description:

• Commercial value of the new airplane and new engine
• Market value of the used airplane and engine
• Airplane, engine and components maintenance contracts – Entry of the new airplane type in the fleet; Different contracts types (Time and material vs. flight by hour); pool concept; TTS
• Airplane purchase – purchasing new airplane (technical characteristics and other factors); influence of the financing conditions on the airplane maintenance
• Selling of the used airplane – technical documentation necessary at the airplane delivery
• Airplane / engine lease – overview of the companies dealing with airplane leasing
• Airplane / engine lease - overview of the companies dealing with engine leasing
• Types of airplane/engine leasing – Financial vs. operational leasing; short term vs. long term
• Types of airplane/engine leasing – wet vs. dry; Leasing contract as a way of securing spare engine (“GAF” Guarantee Access Fee)
• Leasing contracts – contracts signed at airplane or engine lease in the role of lessor
• Leasing contracts – contracts signed at airplane or engine leasing in the role of lesee; delivery documents, fulfilment of contract exit obligations “return condition”
• After market of airplane parts. Used airplane and engine parts market
• After market of airplane parts – PMA parts and their influence on the contracts; Airbus program “Pamela”

 

Teaching material:

As provided to students during lectures

 

Additional References:

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