Executive Certificate in Aircraft Leasing and Financing - HKU SPACE: Finance and Compliance courses
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Class arrangement during COVID-19

The COVID-19 situation may still be fluid and constantly affect class arrangements in the coming months. The health and safety of our students will always be our top priority. To ensure that students’ academic progress is not affected, the School may substitute face-to-face classes with online teaching if necessary in the event that face to-face classes cannot be held. Our respective Programme Teams will contact the students concerned with details of such arrangements as necessary.

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Accounting & FinanceFinance and Compliance

Executive Certificate in Aircraft Leasing and Financing
行政人員證書《飛機租賃及融資》

Course Code
EP166A
Application Code
1870-EP166A
Study mode
Part-time
Start Date
27 Feb 2021 (Sat)
Duration
3 months to 4 months
Language
English
Course Fee
HK$6000
Apply Now
Deadline on 18 Dec 2020 (Fri)
Enquiries
29755767
28610278

This programme offers the essential concepts and contemporary issue about aircraft leasing and financing. It provides a broad overview of main categories of different aircraft leasing transactions.

 

About The Hong Kong Aircraft Leasing and Aviation Finance Association
 

The Hong Kong Aircraft Leasing and Aviation Finance Association (HKALA) was founded in June 2017 to promote the development of the aircraft leasing and finance industry.
HKALA's members include key international and domestic lessors, lessees, banks and other financial institutions, investors, law firms, accounting and tax advisory firms and other service providers involved in the aircraft leasing and finance industry.
The Association seeks to be a united force in the industry that strives to enhance Hong Kong's status as an international aviation and financial centre.

 

News:

Global Aviation Leasing Market 2020 Various Manufacturing Industries: Hong Kong International Aviation Leasing Co. Ltd. , CALC , Intrepid Aviation , Avolon - Galus Australis

Asian aircraft leasing companies manage their way through Covid-19 crisis - The Asset

中銀航空租賃(02588)長期飛機租約不受疫情影響 另類收租股具競爭優勢 - 經濟一週

 

The total number of contact hours is 30 for the entire programme.   
 

Programme Objective

The programme aims to equip students with a solid foundation and knowledge of the latest developments in aircraft leasing and financing. It deals with different aspects of aircraft leasing and financing with a focus on the practical features pertinent to the Hong Kong aviation market.


Learning Outcomes

On completion of the programme, students should be able to:

  1. Apply fundamental concepts of leasing and financing transactions in the aircraft sector
  2. Evaluate how the regulatory framework and the demands of regulatory bodies affect aircraft leasing and financing in Hong Kong
  3. Explain the operation of aircraft leasing and financing transactions
  4. Discuss the best practice and challenges of aircraft leasing and financing in Hong Kong

 

Lecturer
 

William Ho
 

William specialises in aircraft finance and leasing.  He has considerable expertise across a broad range of aviation transactions including export credits, tax leases, operating leases and sale and purchase of aircraft portfolios.  His experience covers a variety of structures including Japanese operating leases, French tax leases, European ECA- and US Exim-backed aircraft financing, pre-delivery financing and Chinese domestic leases.  William’s work upon a number of innovative deals has been recognised in the Airfinance Journal’s Asia Pacific Deal of the Year for each of 1999, 2001, 2002, 2005, 2009, 2010, 2011, 2012, 2015, 2017 and 2018.

William was an advisor to the Aviation Task Force under the Hong Kong Economic Development Commission of the Hong Kong SAR Government from 2012 to 2017, contributing to the establishment of Hong Kong’s concessionary tax regime for aircraft leasing.  He is consistently ranked a Band 1 Aviation Finance lawyer in Chambers Asia Pacific. 

Application Code 1870-EP166A Apply Online Now
Apply Online Now

Module    Title

     1                Principles of Aircraft Leasing and Financing  ( 21 hrs)

     2               Aircraft Leasing and Financing in Practice       ( 9 hrs )

 

Module 1 Principles of Aircraft Leasing and Financing

  • Introduction to the aviation industry and its growth projections
  • Fundamental concepts of leasing
  • Aircraft nationality and rights registration
  • Purchase and leasing of aircraft
  • Aircraft trading
  • Lease financing of aircraft
  • Commercial debt financing of aircraft
  • Export credit financing of aircraft
  • Tax lease financing of aircraft
  • Capital market structures in aircraft financing
  • Financial statement analysis for aviation
  • Financial modeling aircraft leasing and financing
  • Airline performance and credit risk
  • Overview of air services development and its regulatory framework
  • Double taxation treaty network
  • Concessionary tax regime
  • Legal aspects of aircraft leasing and financing
  • Analysis of key terms in aircraft leases
  • Technical aspects of aircraft leases
  • Aviation insurances and key clauses
  • Claims management in aviation insurances
     

Module 2 Aircraft Leasing and Financing in Practice

  • Aircraft leasing and financing business in practice
  • Case studies in aircraft leasing and financing
  • Managing an aircraft throughout its life cycle
  • Aircraft portfolio management
  • Opportunities and challenges for aircraft leasing and financing in Hong Kong
  •  

Assessment method:  one individual assignment for each module

The Executive Certificate will be conferred to candidates who pass in continuous assessment as well as achieved at least 70% attendance of the programme.

FEb 2021 intake - new

 

Lecture Date Time Module
1 (6 hours)  27 Feb 2021 (Sat) 10:00 am - 1:00 pm; 2:00 pm - 5:00 pm 1 (21 hours)
2 (6 hours)  6 Mar 2021 (Sat)
3 (6 hours)  13 Mar 2021 (Sat)
4 (3 hours)  20 Mar 2021 (Sat) 10:00 am - 1:00 pm
4 (3 hours)  20 Mar 2021 (Sat)  2:00 pm - 5:00 pm 2 ( 9 hours)
5 (6 hours)  27 Mar 2021 (Sat) 10:00 am - 1:00 pm; 2:00 pm - 5:00 pm

 

Venue: Hong Kong Island Campus

Applicants shall hold:

i) a Bachelor's Degree awarded by a recognized Universirty or equivalent; or
ii) an Associate Degree or a Higher Diploma or equivalent, and have at least 2 years of relevant work experience.

Applicants with other qualifications and substantial senior work experience will be considered on individual merit.

Application Fee

HK$150 HK$150 (Non-refundable)

Course Fee
  • Course Fee : HK$6000

Online Application Apply Now

Application Form Application Form

Enrolment Method

HKU SPACE provides 24-hour online application and payment service for students to make enrolment for most open admission courses (courses enrolled on first come, first served basis) and selected award-bearing programmes via the Internet.  Applicants may settle the payment by using either PPS, VISA or Mastercard online.

  1. Complete the online application form

    Applicant may click the icon Apply Now on the top right hand corner of the programme/course webpage to make online application, and then follow the instructions to fill in the online application form.

    Some programmes/courses may be admitted by selection, and may require applicants to provide electronic copy of any required documents (e.g. proof of qualification) as indicated on the programme/course webpage.  Only file format in doc, docx, jpg and pdf are supported. 

  2. Make Online Payment

    Pay the programme/course fees by either using:

    PPS via Internet - You will need a PPS account and a PPS Internet password. For information on how to open a PPS account and how to set up a PPS Internet password, please visit http://www.ppshk.com.

    Credit Card Online Payment - Course fees can be paid by VISA or Mastercard including the “HKU SPACE Mastercard”.

To know more about online enrolment and payment, please refer to the user guide of Online Enrolment and Payment:

 

In Person / Mail

For first time enrolment

Applicants must provide all the required information on the application form and any additional information as required after the intial application assessment. Otherwise the School may not be able to process the admission/enrolment further.

  1. For first come, first served short courses, complete the Application for Enrolment Form SF26 and bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.  
  2. Award-bearing and professional courses may require other information. Forms are usually available at the enrolment centres or on request from programme staff. Bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.

For continuing enrolment in the same course

In person or by post
  1. The standard ‘Enrolment/Payment Slip’ is designed for students of award-bearing programmes or remaining programmes in a suite of programmes requiring continuing enrolment and it applies to most programmes.
  2. Students should complete the “Enrolment/Payment Slip” which will be made available by relevant programme staff and return the slip to any HKU SPACE enrolment centre or post it to the relevant programme staff with appropriate fee payment.

If you are in doubt about the procedures, please check the individual course details, or contact our programme staff or enrolment centres. 

Please note the followings for programme/course enrollment:

  1. To make an application online, you will need a computer with connection to the Internet and a web browser with JavaScript enabled. Internet Explorer 5.01 or above is recommended for the web browser.
  2. Applicants should not leave the online application idle for more than 10 minutes.  Otherwise, applicants must restart the application process.
  3. Only S-MILES and Early Bird Discount are supported in Online Applicants (Application).  To enjoy other types of discount, please visit one of our enrolment centres.
  4. During the online application process, asynchronous application and payment submission may occur.  Successful payment may not guarantee successful application.  In case of unsuccessful submission, our programme staff will contact you shortly.
  5. Applicants are reminded that they should only apply for the same programme/course once through counter or online application.
  6. For online enrolment, payment confirmation page would be displayed after payment has been made successfully.  In addition, a confirmation email would also be sent to your email account.  You are advised to keep your payment confirmation for future enquiries.
  7. Fees paid are not refundable except as statutorily provided or under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment).
  8. If admission is by selection, the official receipt is not a guarantee that your application has been accepted.  We will inform you of the result as soon as possible after the closing date for application.  Unsuccessful applicants will be given a refund of programme/course fee if already paid.

Disclaimer

The School provides a platform for online services for a selected range of products it offers. While every effort is made to ensure timeliness and accuracy of information contained in this website, such information and materials are provided "as is" without express or implied warranty of any kind. In particular, no warranty or assurance regarding non-infringement, security, accuracy, fitness for a purpose or freedom from computer viruses is given in connection with such information and materials.

The School (and its respective employees and subsidiaries) is not liable for any loss or damage in connection with any online payments made by you by reason of (i) any failure, delay, interruption, suspension or restriction of the transmission of any information or message from any payment gateways of the relevant banks and/or third party merchants for processing credit/debit/smart card or other payment facilitation mechanism; (ii) any negligence, mistake, error in or omission from any information or message transmitted from the said payment gateways; (iii) any breakdown, malfunction or failure of those gateways in effecting online payment service or (iv) anything arisen out of or in connection with the said payment gateways, including but not limited to unauthorised access to or alternation of the transmission of data or any unlawful act not permitted by the law.

Payment Method
1. Cash or EPS

Cash or EPS are accepted at any HKU SPACE Enrolment Centres.

2. Cheque or bank draft

Course fees can also be paid by crossed cheque or bank draft made payable to “HKU SPACE”. Please write the programme title(s)  and the applicant’s name on the back of the cheque. You may either:

  • in person by submitting the payment, completed form(s), and required supporting documents to any of our enrolment centres; or
  • by mailing the above documents to any of our enrolment centres, specifying “Course Application” on the envelope. 
3. VISA/MasterCard

Course applicants, who are holders of HKU SPACE Mastercard, can enjoy a 10-month interest-free instalment period for courses of HK$2,000 and over. For enquiries, please contact our enrolment centres.

4. Online payment

Online payment for short courses (first come, first served) and selected award-bearing programmes is available using PPS, VISA or Mastercard. Please refer to the Online Services page on the School website.

Notes

  1. For general and short courses, applicants may be required to pay the course fee in cash or by EPS, Visa or Mastercard if the course is to start shortly.
  2. Fees paid are not refundable except under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment), subject to the School’s discretion. In exceptional cases where a refund is approved, fees paid by cash, EPS, cheque or online PPS will be reimbursed by a cheque; fees paid by credit card will be reimbursed to credit card account used for payment.
  3. In addition to the published fees, there may be additional costs associated with individual programmes. Please refer to the relevant course brochures or direct any enquiries to the relevant programme teams for details.
  4. Fees and places on courses are not transferrable. Once accepted onto a course, the student may not change to another course without approval from HKU SPACE. A processing fee of HK$120 will be levied on each approved transfer.
  5. HKU SPACE will not be responsible for any loss of payment, receipt, or personal information sent by mail.
  6. For additional copies of receipts, please submit a completed form, a sufficiently stamped and self-addressed envelope, and a crossed cheque for HK$30 per copy made payable to ‘HKU SPACE’ to any of our enrolment centres. Such copies will normally be issued at the end of a course.
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