ISTAT PDP PROGRAM OUTLINE
MODULES I-IV
MODULES I & II
MODULE I: AIRLINES – THE MACRO VIEW MODULE II: AIRCRAFT - DESIGN & MANUFACTURING
• Welcome, Introduction & Assignment of Team Projects • Aircraft Design
• A Background to the Airline Industry • Propulsion Systems
• Airline Business Models • Manufacturing Process
• Aviation Infrastructure and Resources • A350 FAL Visit Group
• Break Out Assignment • Aircraft Tradability
MODULE I: AIRLINES – THE MICRO VIEW MODULE II: AIRCRAFT – VALUATION
• Airline Regulation: Frictions and Restrictions • Concepts of Value
• Deciding Where to Fly: Network Development and Optimization • Valuation Methodologies
• Revenue Management and Pricing for Different Airline Business • Value Forecasting
Models • Topics in Valuation
• Aircraft Fleet Planning and Selection • Report Out from Debate Assignment
• Mock-up visit
MODULE I: AIRLINES - ACCOUNTING AND CREDIT ANALYSIS MODULE II: AIRCRAFT - MAINTENANCE PRINCIPLES AND
• Airline Profit and Loss VALUATION
• Capital Structure and Balance Sheet • Maintenance Principles
• Airline Corporate Credit Ratings • Turbofan Design and Concepts
• Airline Defaults and Prediction • Turbofan Maintenance Concepts
• Maintenance Reserves and Redelivery Concepts
MODULES III & IV
MODULE III: FINANCE & TRADING - LAW AND ACCOUNTING MODULE IV: ISTAT EMEA CONFERENCE
• Accounting for Lessors & Lenders • Lessors
• Taxes • Group Project Report-out
• Laws Governing Aircraft Finance and Leasing; Rights in Aircraft and • Sustainable Aviation
Transaction Structures • End of Life Aircraft
• Contract Practices and What Happens When Things Go Wrong • Assessment & Course Evaluation
• Report out from Debate Assignment • Graduation
MODULE III: FINANCE & TRADING - AVIATION FINANCIAL
MARKETS
• Sources of Finance
• Financial Products
• The Market for Aviation Related Financial Products
• Report out from Debate Assignment
MODULE III: FINANCE & TRADING - STRUCTURING, RISK AND
PRICING
• Net Present Value Analysis
• NPV Under Uncertainty
• Risk and Investment Performance Measures
