Regulatory

Discussion by Steve Bentley CEO of Sofema Group www.sassofia.com

Forthcoming Training Notification - Managing Aircraft Lease Agreements and Maintenance Reserves - 3 Days - Bangkok, Thailand 9 am to 5 pm from November 25th to November 27th, 2019. Please see the following link for details: https://sassofia.com/course/managing-aircraft-lease-agreements-and-maintenance-reserves-3-days-bangkok-thailand/

Introduction

An aircraft’s Maintenance Planning Data (MPD) document provides planning information necessary for each operator to develop a customized scheduled maintenance program. However, the choice of an operator’s maintenance program is predicated on many variables, key among them is cost, technical knowledge & skill, and operational profile.

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Sofema Aviation Services considers the generic requirements associated with the Storage and Return to Service of Aircraft during or prior to leasing. 

Forthcoming Training Notification - Managing Aircraft Lease Agreements and Maintenance Reserves - 3 Days - Bangkok, Thailand 9 am to 5 pm from November 25th to November 27th, 2019. Please see the following link for details: https://sassofia.com/course/managing-aircraft-lease-agreements-and-maintenance-reserves-3-days-bangkok-thailand/

Introduction

Please treat as a Generic Guide only as in each case it is necessary to consult with the Type Certificate Holders (TCH) Approved Maintenance Data.

Environment

Always consider that High Humidity, as well as Cold & Wet environments, can have quite negative effects on stored airframes, so factor this into your considerations and ensure correct steps are taken.

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Process Review by SofemaOnline

Introduction

Clearly an airframe or engine which is just out of a maintenance overhaul has a higher market value than one that is coming due for major maintenance.

To mitigate and provide structure to aircraft leases maintenance reserves, (MR) accumulate during the term of the lease with the goal of covering the cost of maintenance.

These funds are typically collected to account for “high value” elements, for example, the cost of airframe, engine, landing gear, and APU.

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SofemaOnline takes a look at the best practice preparation with the CAMO Technical Records Department to prepare for an end of lease handover.

Forthcoming Training Notification - Managing Aircraft Lease Agreements and Maintenance Reserves - 3 Days - Bangkok, Thailand 9 am to 5 pm from November 25th to November 27th 2019. Please see the following link for details: https://sassofia.com/course/managing-aircraft-lease-agreements-and-maintenance-reserves-3-days-bangkok-thailand/

Introduction to Aircraft Lease Return Conditions 

Effective maintenance planning is integral to the successful re-delivery of an aircraft, and this must be considered when agreeing on return terms.

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SofemaOnline takes a look at the importance of Aircraft Technical Records within the context of Aircraft Leasing

Introduction

When an aircraft has significant disconnects in the integrity of the records the value of the aircraft can be substantially affected. (Any lapses in maintenance documentation can be used as financial leverage). Airlines routinely spend up to $2000,000 USD related to narrow body returns and the majority of lease return costs relate to disconnects in the aircraft technical records.

The Value of an Aircraft equal is Technical Records?

Well, when you consider that without the Technical Records which support the aircraft it will not be able to fly then it is effectively a true statement!

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