Fleet Manager

4 days ago

Denver, Colorado, United States Frontier Airlines Full time
About Frontier Airlines

Frontier Airlines is a leading ultra-low cost carrier headquartered in Denver, Colorado. Our mission is to deliver Low Fares Done Right, providing affordable, convenient, and accessible air travel throughout the U.S., Caribbean, Mexico, and Latin America.

Job Summary

We are seeking a highly skilled Fleet Manager to join our team. As a key member of our treasury department, you will be responsible for managing the fleet of aircraft from a transactional perspective, including contract negotiations, lease payments, maintenance deposit payments, maintenance claim reimbursements, key supplier/vendor management, forecasting fleet-related expenses, and reconciling and managing all fleet-related internal audit requirements.

Key Responsibilities
  • Prepare approvals relating to lease payments and maintenance deposit payments for all aircraft and spare engines in the fleet
  • Manage discussions with lessors relating to maintenance performed on aircraft and spare engines during the term of the lease
  • Work with Maintenance and Engineering to understand the scope of maintenance being performed on the aircraft and the financial/contractual implications of the same
  • Review all price calculations relating to delivery of new aircraft and obtain necessary approvals to accept the aircraft into the fleet
  • Responsible for analyzing and presenting the appropriate methods to effectively lease/buy aircraft
  • Prepare and manage the ongoing requirements of Fleet-related RFPs (aircraft and spare engines)
  • Establish and continue to develop relationships with all leasing and financing counterparties
  • Review and obtain necessary approvals to efficiently manage fleet-related aspects of any existing PDP facilities
  • Evaluate market conditions and analyze financial implications of movements in the interest rate environment
  • Manage communication with key vendors/suppliers (Airbus, CFM, Lockheed, and Honeywell) ensuring smooth relay of information and timely resolution of disputes
  • Provide senior management with periodic updates of the financial environment pertaining to leasing/buying aircraft
  • Document all internal audit requirements pertaining to fleet and periodically prove compliance
  • Forecasting fleet-related inputs for budgeting purposes and ensuring the budget is accurately met
  • Assist in developing finance & business presentations such as Board of Director presentations and lenders' presentations
Requirements
  • Bachelor's degree in Finance, Business, or equivalent field required; Master's Degree preferred
  • 5+ years of experience performing fleet-related treasury functions
  • Experience in maintenance and MRO-related aspects of airlines
  • Prior experience reading and interpreting contracts preferred
  • Previous airline/lessor experience preferred
What We Offer
  • Competitive salary range: $95,000 - $125,000
  • Opportunity to work with a leading ultra-low cost carrier
  • Chance to develop your skills and expertise in fleet management and treasury
  • Collaborative and dynamic work environment

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