Leased Aircraft Asset Management Analyst
NewBe an early applicantSummary
An analyst on easyJet's Aircraft Trading and Leasing team (within Treasury/Finance) at the Luton head office who helps cut the operating costs of the airline's 140+ leased Airbus aircraft. The role blends financial/lease analysis, validating maintenance compensation and ~$25m monthly rental invoices, lessor communication, and helping build the LAOS optimisation system.
INTRO
We are easyJet – a FTSE listed, £multi-billion low-cost airline that serves tens of millions of customers every single year. If you’re reading this, you have probably already been an easyJet customer, and you’ll know that there is no more iconic (or Orange!) travel brand in Europe.
We fly more than 1,207 routes, connecting 38 countries across Europe, and employ more than 18,000 colleagues. We’re on a mission to make low-cost travel easy – and whatever your role here, you’ll connect millions of people to what they love using Europe’s best airline network, great value fares, and friendly service.
What makes us easyJet? Our Promise Behaviours - we are Safe, Bold, Welcoming and Challenging. Four Behaviours. One Spirit. One easyJet.
READ ON IF YOU
- Have experience in aircraft leasing or a related field, with a good understanding of operating leases and maintenance compensation structures.
- Enjoy analysing complex data, identifying cost-saving opportunities and turning your findings into clear recommendations.
- Want to help optimise the financial and operational performance of a large leased aircraft fleet.
- Are passionate about aviation, aircraft and engine management, and continuous improvement.
- Can be in our fantastic Luton head office 3 x per week.
THE TEAM
Our Aircraft Trading and Leasing Team manages easyJet’s fleet of more than 360 Airbus A320 Family aircraft from a financial, contractual and ownership perspective. This includes both owned and leased aircraft. We are a small, experienced team with a shared passion for aviation and for delivering the best possible value from the ownership, financing and management of our aircraft assets.
Sitting within Treasury as part of our wider Finance function, we work closely with Fleet Procurement and Planning, Fleet Finance, Legal, Engineering and Maintenance, and Operations. Aircraft leasing is an integral part of the aviation industry, and our low-cost mindset drives us to find better value in every transaction, decision and improvement.
THE ROLE
As our Leased Aircraft Asset Management Analyst, you will help reduce the cost of operating easyJet’s fleet of more than 140 leased aircraft through innovation, detailed analysis and optimisation. You will also support the wider team across a broad range of aircraft asset management, leasing, financing and administration activities.
Reporting to the Aircraft Trading, Leasing and Contracts Manager, you will become a key source of expertise in leased aircraft optimisation. You will help develop and operate the Leased Aircraft Optimisation System, known as LAOS, and connect its outputs with wider efficiency initiatives across easyJet.
Your responsibilities will include\:
- Supporting the design, development and implementation of LAOS.
- Using complex data to identify cost efficiencies and make clear recommendations to internal stakeholders.
- Reporting regularly on cost-saving opportunities and comparing recommendations with actual aircraft operation.
- Creating reliable leased aircraft and fleet data to improve forecasting accuracy.
- Building understanding of leased aircraft operating costs across the business and aligning recommendations with other optimisation activity.
- Partnering with Fleet Finance to ensure leased aircraft maintenance provisioning accurately reflects contractual compensation, aircraft utilisation and forecast activity.
- Calculating, validating and processing leased aircraft compensation payments worth millions of dollars each year.
- Maintaining clear communication with more than 25 aircraft lessors.
- Recording payments accurately, maintaining an audit-compliant trail and investigating differences between payments and accruals.
- Checking monthly aircraft rental invoices totalling approximately $25 million.
- Organising aircraft lease contracts and documentation so that information is secure, accessible and audit compliant.
- Working with Engineering and Fleet Planning to align lease-end maintenance requirements with the commercial exit of aircraft from revenue service.
- Identifying major maintenance thresholds during lease extensions to avoid unnecessary expenditure.
- Supporting aircraft leasing, financing and trading transactions through analysis, contracting and execution.
- Building relationships across the aircraft leasing and financing industry and applying market insight to future negotiations.
- Using approved AI tools to modernise controlled processes where appropriate.
- Representing easyJet at relevant aviation financing and aircraft trading conferences across EMEA.
- Completing lease administration accurately and efficiently.