Intensive Training in Aviation Law, Finance, and Insurance

Intensive Training in Aviation Law, Finance, and Insurance

Dates

1 Week: February 3 - 7, 2025

2 Weeks: February 3 - 14, 2025  

1 Week: March 10 - 14, 2025   

2 Weeks: March 10 - 21, 2025

Location

• Cape Town                             
• Johannesburg

Format

 In-Person/Online

Tuition (In Person)

1 Week

$999 pp individual                      

$800 pp for groups of 5+

2 Weeks

$1,500 pp individual                    

$1,150 pp for groups of 5+

Tuition (Online)

1 Week

$600 pp individual                      

$400 pp for groups of 5+

2 Weeks

$800 pp individual                        

$500 pp for groups of 5+

Course Overview

Participants will:

• Gain a comprehensive understanding of aviation law, finance, and insurance.
• Apply knowledge to real-world scenarios in the aviation industry.
• Develop skills in risk assessment, legal analysis, and financial management within the aviation context.

Course Outline

Day 1: Foundations of Aviation Law

• General presentation of SARP binding force and system of monitoring compliance with SARP.
• Definition of QMS and SMS and differences and commonalities in practical application between QMS and SMS.
• Overview of ICAO recommendations regarding SMS and QMS application in civil aviation to monitor compliance with SARP.
• Introduction to Aviation Law; International Aviation Organizations; Key Treaties and Agreements.
• Aviation Safety and Security Regulations; Passenger Rights and Liability Issues.
• Workshop: Case study analysis on a landmark aviation legal case.

Day 2: Aviation Finance Essentials

• Overview of Aviation Finance; Sources and Structures of Aviation Capital.
• Aircraft Leasing and Financing; Airline Financial Planning and Analysis.
• Interactive Activity: Simulation exercise on structuring an aircraft financing deal.

Day 3: Advanced Topics in Aviation Finance

• Financial Risk Management in Aviation; Hedging Strategies.
• Credit Risk and Revenue Management in Airlines.
• Group Activity: Analyzing financial statements of a major airline.

Day 4: Principles and Practices of Aviation Insurance

• Introduction to Aviation Insurance; Types of Policies and Coverage.
• Underwriting and Risk Assessment in Aviation Insurance.
• Panel Discussion: Insights from aviation insurance experts.

Day 5: Risk Management and Industry Trends

• Claims Handling and Liability in Aviation Insurance; Emerging Trends (Drones, AI).
• Comprehensive Risk Management Strategies; Case Studies of Aviation Accidents and Insurance Responses.
• Closing Workshop: Developing a risk management plan for a hypothetical airline scenario.

This condensed program is designed to provide a rigorous, comprehensive overview of aviation law, finance, and insurance, catering to professionals who wish to gain in-depth knowledge in a short time frame. The course balances theoretical learning with practical application, encouraging active participation and engagement with industry experts.

2 Week Course Outline

Week 1

Day 1: Introduction to Aviation Law

• Overview of aviation law
• Key international conventions (Chicago, Warsaw, Montreal)
• Regulatory bodies: ICAO, FAA, EASA, IATA
• National vs. international aviation laws
• Sovereignty of airspace and aircraft registration

Day 2: Legal Frameworks in Aviation Operations

• Licensing, certification, and operational compliance
• Airworthiness and safety regulations
• Liability issues: passenger and cargo
• Accident investigation and legal implications

Day 3: Aviation Finance: Basics

• Overview of aviation financing models
• Aircraft acquisition: purchase vs. leasing
• Financial structuring in aviation projects
• Key stakeholders in aviation finance (lessors, banks, airlines)

Day 4: Advanced Aviation Financing

• Secured and unsecured loans in aviation
• Export credit agencies and their role
• Securitization of aircraft assets
• Financial implications of fleet expansion

Day 5: Aviation Insurance

• Introduction to aviation insurance
• Types of coverage: hull, liability, war risk
• Risk assessment and underwriting
• Legal aspects of aviation insurance policies

Week 2: Advanced Topics and Practical Applications

Day 6: Aircraft Leasing and Legal Issues

• Types of leasing agreements (dry, wet, and ACMI leases)
• Legal aspects of lease agreements
• Maintenance reserves and redelivery conditions
• Case studies on leasing disputes

Day 7: Liability and Risk Management

• Carrier liability under international conventions
• Product liability and manufacturer responsibilities
• Risk management strategies for airlines
• Legal implications of aviation accidents

Day 8: Environmental Law and Sustainability in Aviation

• Emissions trading and carbon offset programs
• Legal frameworks for sustainable aviation
• Financial implications of sustainability initiatives
• Role of insurance in covering environmental risks

Day 9: Emerging Trends in Aviation Law, Finance, and Insurance

• Legal challenges with drones (UAVs) and urban air mobility
• Space law and its intersection with aviation
• Cybersecurity risks in aviation and insurance coverage
• Advanced technologies and their financial impact

Day 10: Workshop and Case Studies

• Analysis of real-world legal disputes in aviation
• Financial restructuring of distressed airlines
• Group exercise: Developing an integrated framework for aviation law, finance, and insurance
• Presentations and feedback session

Day 11: Assessment and Certification

• Comprehensive review and Q&A session
• Written or oral assessment
• Individual feedback
• Certification ceremony

This two-week course ensures participants gain a holistic understanding of aviation law, finance, and insurance, with theoretical knowledge supplemented by practical applications, case studies, and workshops.