In Ireland there has been a lot of media coverage around the growth of the aircraft leasing industry. This, alongside a number of changes in the MRO field, has led to people looking at a possible 'change in direction' of their career. Within the industry people are aware that working in the leasing side of the business is alot more intensive that working with airlines. Irish professionals are also looking to Asia, USA and UAE for relocation opportunities in this area, there is great local contract opportunities that offer significant remuneration packages without having the burden of the expenses felt when moving as a expat. Asia continues to grow with demands for experienced staff in region, still in its infancy with leasing companies fighting for a small pool of experienced staff available to them. They have a bigger pool to choose from by looking to Irish Professionals trained in the Aircraft Leasing Sector.
Investec for example host our graduation ceremony for upcoming programmes.
In college Ireland we have seen the demand for training in this sector increase substantially. Already our recent courses in Aircraft Leasing & Project Mgt have been full and we have a second round in February and we are now providing second classes to facilitate demand in this area.
Naturally to complete this programme in four weeks full time or 14 weekends part time, is an asset to a person looking to access or get promoted in this vibrant industry.
The nature of the Aircraft Leasing business continues to be a 24/7 business, so it is difficult to find a work life balance there. In saying that companies are starting to get better at ensuring they are staffed enough to allow breathing space. "We see new opportunities for change stemming from the growing interest from hedge funds and other investors looking at aircraft leasing as a suitable investment space. Companies like First Star, who have opened their doors to aircraft leasing and Apollo Aviation who recently raised USD$640 million in funding for aircraft and engine acquisitions. These funds, as well as others, need staff, both to originate and manage the transactions. ILFC the 2nd largest lessor will soon merge with Aercap and this may create duplication of roles and bring new candidates into the job market. Both ILFC and Aercap have offices in China, Singapore, USA, Amsterdam and Ireland. No doubt Aercap will seek to gain efficiencies across the board" states Keith Garry of Aircraftleasing.ie.
It is known in the aviation industry that those working within the aircraft leasing market are highly motivated people, otherwise how would you survive the demands put on you? However this high level motivation makes for a very rewarding Industry. From an employment point of view the industry at present is the most vibrant it has been since the credit crunch. With so much activity and interest in the market at present, people are demanding training courses to be made available in order to tap into these opportunities.
For more information on our Aircraft Leasing & Project Management programme contact www.cias.ie or call 01-6217300 to speak with Emma Olohan of College Ireland.
No comments:
Post a Comment