Any information on aviation leasing?

After receiving some tips from people here and Reddit, (appreciated btw), I've decided that aviation leasing is the financial sector I want to work in. I'm doing my masters in quant fin this year and have a 4.0 with a few internships under my belt. The uni I'm doing my masters in is a feeder for aviation leasing firms. I'd like to do some quantitative work in these firms.

Apart from pricing, risk and trading, are there any other quantitative roles in these companies? What do these roles really consist of and what types of salaries do they command? I've tried to reach out to people on LinkedIn and scower the internet and YouTube for information regarding these roles but I can't find much.

I'd guess that and please correct me if I'm wrong, that the sectors would consist of this.
1. Risk would involve the same anywhere else. Credit risk (will the companies we're leasing to pay, will it be before time, what can we keep if they go under). Market risk involving hedging our positions by buying derivatives so we avoid the issues brought on my a rise in interest rates. I'd suppose we'd also calculate VaR and work with the traders. Work life balance probably 50 hours a week and decent salary.

  1. Trading. Buying different parts for aircrafts as opposed to buying aircrafts (as that's what the pricing team does). Not too sure what else they'd do as I'd expect risk is involved with hedging their positions and these guys wouldn't be involved in any algo trading. Work life balance probably 50 hours a week and decent salary too. Possible bonuses.

  2. Pricing. I'd guess it would be the least quantitative of all the roles. Excel modelling, DCFs, work similar to accountants. Lots of excel and then some more excel. Pay is probably the lowest of all 3 and I'd have the least interest in this role. Work life balance probably 40 hours a week.

  3. Market analysis. Possibly identifying macro economic trends and doing lots of research into new markets. Not too sure what else and this is all speculation anyway.

  4. Treasury. I'm not actually too sure of what they'd do for an aviation leasing industry. Possibly issuing bonds and buying them? Maybe I've incorrectly prescribed their work to the risk team?

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Comments (4)

  • Intern in IB - Ind
May 3, 2021 - 3:56pm

Not sure if I can answer your questions, but my dad has worked in aircraft leasing for his whole career. From what he's told me, his firm only recruits out of a few target schools and doesn't really look at others. 

May 3, 2021 - 3:57pm

Mind me asking what schools those are? No need to tell me his firm. Just to clarify, I'm referring to the Irish market as it's the biggest in the world for aviation leasing. Thanks!

  • Intern in IB - Ind
May 3, 2021 - 3:59pm

Ah not quite sure as his firm is based in the US. From what I know, Aercap is their biggest competitor in Dublin and I'm sure with all jobs, networking will be your best bet. 

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