Real estate to... ...Aviation Finance (Aircraft leasing) How to make the change?
Hi all!
A super-exotic one for you lads,
I am working at a REAM firm in Investments and my dream job is to work in aircraft leasing. It's a very niche industry with a few key players employing just over 2000 people controlling 1/3rd of the world fleet.
I read here https://www.mergersandinquisitions.com/aircraft-l… that the asset's nature is quite similar. In fact they are both real assets, they give a yield and require specific maintenance, so I see some overlapping skills there.
Does any of you know anything about such career transition?
This is a super-specific question, I know, but if anyone knows anything about this please be so kind to share your thoughts.
Best!
In theory it is the same; cash flow from an asset and being able to lease at a higher rate then what you borrow. Know someone in PE who does it who came from IB. Should be pretty transferrable, but his firm adds a structured finance twist to it.
Huge in the Private sector outside of Coperate leasing too for a similar accounting principal as RE. These planes can get hyper depreciated and leave massive carry forward passive losses similar to real estate.
I don't know your experience level or anything, but Fortress has an opening within their Transportation and Infrastructure team. (http://careers.fortress.com/careers/JobDetail/New-York-New-York-United-…)
Per the description, "FTAI Aviation owns and acquires high-quality jet engines and commercial aircraft, which are leased to operators or third parties. The Company is externally managed by an affiliate of Fortress Investment Group LLC, which has a dedicated team of professionals who collectively have acquired over $17 billion in transportation-related assets since 2002. As of September 30, 2018, FTAI had total consolidated assets of $2.5 billion and total equity capital of $1.06 billion."
Just something to think about since you are interested in Aviation
I feel like this is really niche (or at least it is to me), but there's a private reit based close to DC that's owned by Brookfield Property Partners and they're planning to expand their team in aviation-related investing. Might be a good idea to see if they are planning to grow out their team:
https://www.capitalautomotive.com/cag/
Call Sara Rollins of CBRE Newport Beach. She did the reverse. She’s an MD of the Financial consulting Group there.
She’s the GOAT
Dolorem et voluptates molestiae quibusdam laudantium est molestias. Odio animi sint sed dolores nisi. Voluptas similique quia soluta quia. Earum reprehenderit rerum officiis reiciendis. Dicta expedita quo ut inventore officia esse.
Debitis eligendi consequatur possimus quibusdam accusantium esse amet voluptatem. Error ea eaque et et facilis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...