TUI Group • Crawley, United Kingdom

Senior Manager Fleet Finance

Employment type:  Full time

Remote-first

A little flex time

Job Description

At TUI we have five airlines offering an impressive year-round flying programme taking our customers to destinations across the globe. The Fleet & Capacity Management department (FCM) play a key role in this activity as we are responsible for the sourcing and specification of the aircraft, management of TUI’s aircraft ownership costs, fleet flexibility and efficient fleet deployment in respect of all of TUI’s 150 in-house aircraft and additionally externally sourced aircraft capacity. We look after the financing of aircraft acquisition costs (such as aircraft pre-delivery payments, the long-term financing of aircraft or the financing of spare engines) and are responsible for procurement and leasing in of additional aircraft and engines where required.

As Senior Manager Fleet Finance you will support the Head of Fleet Finance in sourcing, structuring, negotiating and managing aircraft and spare engine financing transactions as well as leasing transactions with a specific emphasis on commercial and financial aspects of such transactions. You are also responsible for developing and managing relationships with operating lease companies, banks, and other finance providers.

Working with internal and external legal counsels as well as Tax, Accounting, Treasury functions you’ll translate letters of intent into commercially sound and binding contracts. Furthermore, you will take an active role in the co-ordination with engineering and airline operations to successfully deliver or re-deliver aircraft.

This is an exciting opportunity for someone to join a dynamic team within the world’s number one tourism business where you will truly have the opportunity to develop, progress and have an impact in our successful organisation.

We are happy to consider a hybrid working model for this role with an average of 3 days per week based in our new office facility at Gatwick Airport.

Applications close 10 December 2023

ABOUT THE JOB

  • Sourcing and structuring of aircraft and engine finance and leasing transactions
  • Progress sourcing requirements from initiating contact to negotiating letters of intent to completing commercially sound and binding contracts
  • Lead negotiations for new aircraft and engine financings, extensions, and novations with lessors and other financial institutions with a specific emphasis on commercial and financial aspects of transactions
  • Manage or support/participate the RFP process for financing of TUIs orderbook of aircraft
  • Develop and maintain relationships with aircraft leasing and financing community
  • Continuously assess availability, supply, demand and price movements in the market to provide accurate and timely market data to senior management team
  • Provide appropriate commercial and financial input into FCM – aircraft management- and airline asset decisions
  • Manage the existing aircraft fleet, including pro-active re-negotiation of lease expiries, changes to redelivery conditions, and lessor support/involvement of any aircraft modification or investment programmes, as well as resolution of contract disputes
  • Monitor adherence with contract terms, pre- and post-delivery, including payment authorisation
  • Co-ordination with engineering and airline operations to successfully deliver or redeliver aircraft, including pro-active engagement in redelivery/delivery process


ABOUT YOU

  • You’ll have a detailed understanding of aircraft finance and leasing transactions (including legal, financial and commercial aspects) and a desire to progress your career within full spectrum fleet department and dynamic multi-airline environment in leading leisure travel group
  • Strong commercial acumen
  • Proven leadership skills with the ability to lead, coach and inspire teams
  • Strong negotiation and interpersonal skills to work with all levels within the Group
  • Excellent relationship/stakeholder management skills with the ability to adapt across our international markets
  • Ability to work efficiently, independently and across national boundaries
  • Good project management and organisational skills
  • Ability to make an immediate contribution

ABOUT THE OFFER

  • Fantastic holiday benefits including discounts, special offers and the ability to purchase additional ‘TUI time off’
  • Health and Wellbeing support in five key areas – Financial, Health, Social, Community and Career
  • Discretionary Bonus Scheme
  • Car Allowance
  • Private Medical Insurance for you and your immediate family
  • Permanent Health Insurance
  • Pension scheme and life assurance

​We want to be the best-loved holiday company not only for our customers, but for our colleagues too. That’s why we offer a variety of benefits that go above and beyond a competitive salary, so we can help you to live your best life happily at TUI. Click here to find out more.

​We love to see your uniqueness shine through and inspire the future of travel.​ If you would like to read more about what Diversity & Inclusion means to us simply visit Our DNA

If you require any further information regarding this opportunity, please email careers@tui.co.uk

We really value your interest in TUI and will be back in touch with you shortly after the application closing date.

Company benefits

Travel credit – All benefits vary by location and job role, we'd be happy to chat to you about this in more detail
Work from anywhere scheme – TUI WORKWIDE means colleagues can work from abroad for up to 30 working days a year
Employee discounts
Flexible working week
Bank holiday swaps
Time off in-lieu
Religious celebration leave
Buy or sell annual leave
Health insurance
Gym membership
Open to part time work for some roles
Mental health platform access
Enhanced maternity leave
Shared parental leave
Pregnancy loss leave
Enhanced paternity leave
Compassionate leave
Cinema discounts
Season ticket loan
Travel insurance
Cycle to work scheme
In office catering
Commuter loan
Annual pay rises
Annual bonus
Life assurance
Salary sacrifice
Matched pension contribution
In office workout classes
Teambuilding days
Employee assistance programme
Charity donation scheme
Enhanced sick pay
Share options
Faith rooms
Volunteer days
Lunch and learns
Hackathons
L&D budget
Sabbaticals
Personal development days
Mental health days
Location
88%
Employees are very happy with their working location freedom
Hours
80%
Employees are largely happy with the flexibility in the hours they work
Benefits
76%
Employees are largely happy with the benefits their company offers
Work-life balance
72%
Employees feel that they can switch off quite easily from work
Role modelling
76%
Employees feel that most people work flexibly
Autonomy
81%
Employees feel they have complete autonomy over getting their work done

Additional employee ratings
(these do not contribute to the FlexScore®)

Diversity
70%
Employees feel that the diversity is good and there are continued efforts to improve it
Inclusion
75%
Employees feel that the culture supports equity and inclusivity well
Culture
80%
Employees enjoy the working environment
Mission
75%
Employees feel quite excited about the company mission
Salary
52%
Employees feel that their salary is fair and in line with the market average

Working at TUI Group

Company employees

60,000 globally

Gender diversity (male:female)

80:20

Office locations

Austria, Belgium, Brazil, Canada, China, Denmark, Finland, France, Germany, India, Ireland, Mexico, The Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, United Kingdom, USA

Hiring Countries

Austria

Belgium

Croatia

Denmark

Dominican Republic

Finland

France

Germany

Greece

Indonesia

Malaysia

Mexico

Netherlands

Norway

Portugal

Spain

Sweden

Thailand

Tunisia

Türkiye

United Kingdom

Awards & Achievements

Most flexible companies

Most flexible companies

Flexa100 2024