Aircraft leasing is big business, and Ireland is a small island. But somehow this little country on the edge of Europe has managed to build itself into a significant player in this multi-billion euro market. Many leasing firms have been attracted by the low rate of corporate tax, but, more than this, Ireland has managed, since the days of GPA in the 1970s, to build up a significant pedigree in the industry. Add to this the fact that our peripheral nature in Europe becomes a strategic location worldwide, ideally placed to serve both the European and American markets, and there are some very good reasons for why Ireland has become something of a hub for the aircraft leasing market.
While the industry in Ireland is dominated by large lease providers, there are other service providers which are keeping the wheels of the industry well-oiled. One such is Sigmar Aviation, which has carved a niche in facilitating aircraft movements and are experts in physically moving leased aircraft from one location to another' "Business is steadily increasing, and each month there are lots of announcements regarding aircraft orders, " said Richard Carolan of Aircraft Technical & Asset Management at Sigmar Aviation. "The aircraft have to get to the airlines , and in the current market the airlines already have huge crewing pressures so this is where Sigmar Aviation steps in. The problem for airlines is that each aircraft at an airline will require between four and six crews in order to keep it in the air as much as possible. When leasing aircraft, an airline is responsible for accepting the aircraft, flying it to maintenance facilities, and returning the aircraft."
Sigmar Aviation provides crew for ferry, demonstration, acceptance and delivery flights'. Services include crew sourcing and license validations (where necessary); crew mobilisation/demobilisation; flight planning . . . including crew briefing, over-flight permissions, etc; ground handling . . . fueling, parking, catering etc; flight following . . . reporting all movements to the client; and accommodation and ground transport en-route.
"We can provide these services in any country world wide, on aircraft of any registration . . . in any jurisdiction, " said Carolan. "An aircraft is a valuable asset, but we have built up considerable levels of trust over the years, and this trust has allowed us to build strong relationships with our client companies."
Given Ireland's leading status in aircraft leasing, there is no shortage of leasing companies operating in the domestic market. These include RBS, CIT, AWAS, Babcock and Brown, Pembroke, ORIX, Aircastle, while, outside of Dublin, Sigmar Aviation works Sigmar Aviation works directly with major lessors and client airlines worldwide providing flexible services, which can be customised to individual client requirements, and are available 24/7 365 days a year. In terms of flying, many of Sigmar Aviation's crew members are drawn from a specialist pool of freelance pilots, and every one is selected from a group of prescreened candidates. If necessary, Sigmar Aviation can also supply technical representatives who will also be chosen from a group of prescanned candidates. And, most importantly, Sigmar Aviation uses, where possible, only captains for its two-man crews.
"We need to maintain the right number of freelance captains on-call, so that we have enough to guarantee our clients that we will have crews, but not too many so that our captains start to turn down work, " said Carolan.
"Each captain will have a minimum of 5,000 hours in command and a minimum of 2,000 hours on type, and all licenses, medicals, visas and passports will be current.
Sigmar Aviation will also endeavor to use crews with relevant flight experience, i. e.
where a flight has to take place across areas of open water only crews with transoceanic experience will be used."
Of course, given the complexities of aircraft logistics, it is not enough to simply have an available roster of experienced pilots . . . it is also necessary to have the procedures and people in place on the ground to ensure a smooth transition of aircraft around the world. For example, the company will identify all aspects associated with the flight associated with a flight, such as visa restrictions, import/export requirements, age restrictions, specific routings or landing clearances required and specific requirements unique to the registration or airworthiness status of the aircraft.
On arrival, Sigmar Aviation will carry out an extensive post-flight evaluation, confirming the safe arrival of the aircraft. It will also ensure that the crew provides all aircraft data required to the technical representative upon arrival, including a detailed report on the aircraft condition, hours, cycles, fuel consumed, fuel remaining on board and any noticed defects.
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