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Law Student looking to aviation

  • 01-07-2015 5:31pm
    #1
    Registered Users, Registered Users 2 Posts: 82 ✭✭


    Hi,

    I am currently studying for my Fe-1s but am looking a bit more long-term. I would like to get into the aviation finance-legal counsel side of things.

    Would the masters in aviation finance and leasing in UCD be of any benefit?

    I suppose what Im wondering is if one had completed this and the FE-1s, would you be at an advantage trying to get an traineeship with one of the big 4/ Aviation Finance and leasing companies?


Comments

  • Registered Users, Registered Users 2 Posts: 3,472 ✭✭✭Grolschevik


    The Law Society's Diploma Centre offers a diploma in aviation leasing and finance, if I recall correctly. Might be worth investigating that, too.


  • Registered Users, Registered Users 2 Posts: 82 ✭✭law_student1


    The Law Society's Diploma Centre offers a diploma in aviation leasing and finance, if I recall correctly. Might be worth investigating that, too.

    I think that is more for qualified solicitors and such though. I'm really interested in this masters but am reluctant to pursue it if it won't be of advantage in getting a traineeship/fully qualified.


  • Registered Users, Registered Users 2 Posts: 6,920 ✭✭✭billy few mates


    I think that is more for qualified solicitors and such though. I'm really interested in this masters but am reluctant to pursue it if it won't be of advantage in getting a traineeship/fully qualified.

    It didn't use to be, it was open to anyone in the industry or an interest in the industry whether they be technical, financial or legal unless they've changed it as it was very popular.


  • Moderators, Entertainment Moderators, Politics Moderators Posts: 14,550 Mod ✭✭✭✭johnnyskeleton


    Its an area thats really taking off at the moment


  • Registered Users, Registered Users 2 Posts: 78,580 ✭✭✭✭Victor


    We used to have a client who had aviation leasing and related businesses, although we didn't deal with that side of the business. Some of the aviation leasing firms have many billions in assets, but employ very few people. Make enquiries as to how many jobs are available and where.

    Some airlines prefer to own / trade their own aircraft (Ryanair), others will lease lots, while some will go for a mix of ownership and dry / wet leases (Aer Lingus), some will provide those dry / wet leases (Air Contractors).
    Would the masters in aviation finance and leasing in UCD be of any benefit?
    Investigate who this is aimed at - lawyers, accountants or others.


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  • Registered Users, Registered Users 2 Posts: 78,580 ✭✭✭✭Victor


    Some interesting developments in the last week.

    http://www.irishtimes.com/business/economy/cso-revises-15-years-of-economic-data-to-reflect-aircraft-leasing-1.2285228

    http://www.irishtimes.com/business/transport-and-tourism/road-warrior-1.2284570

    https://www.businessworld.ie/news-from-ireland/AerCap-brings-100-jobs-to-Ireland-559768.html

    http://www.aercap.com
    1,300 owned and managed aircraft in its current fleet and a highly attractive portfolio of 470 high-demand, fuel-efficient aircraft on order. AerCap serves 200 customers in approximately 90 countries
    $44 billion of assets

    https://en.wikipedia.org/wiki/AerCap
    Number of employees 345


  • Registered Users, Registered Users 2 Posts: 4,632 ✭✭✭NoQuarter


    I'd say yes and I'd say it's a great area to aim for and if I was you, I'd get on the law society diploma for 1-2k instead of paying 8 for a masters. The law society diploma will be aimed toward a more legal and practical approach while the masters is likely to be general and broad. The law soc diplomas are well regarded in the top 5 and so they should be.

    I am a firm believer that masters are just unnecessary and a waste!


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