Real estate to... ...Aviation Finance (Aircraft leasing) How to make the change?

razir110's picture
Rank: Monkey | banana points 38

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-le... 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!

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Comments (7)

Mar 6, 2019

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.

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Mar 6, 2019

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.

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Mar 7, 2019

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-...)
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

Mar 7, 2019

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/

Mar 8, 2019

Call Sara Rollins of CBRE Newport Beach. She did the reverse. She's an MD of the Financial consulting Group there.

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Mar 8, 2019

She's the GOAT

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Mar 8, 2019