Best Practices In Aircraft Leasing Administration

This course is designed to help participants manage and maintain successful business relationships while handling aircraft leasing agreements. Your instructor will walk you through aircraft delivery and redelivery conditions to help you decide and agree on the best option for your business. Each student should bring one example from an existing or prior lease agreement that they will like to discuss. 

Participants will go over:

• Different types of aircraft leases (finance leases/sale-leasebacks/operating leases)
• Aircraft delivery and return conditions
• Maintenance reserves

CONTENT:

Introduction to Aircraft Leasing

• Introduction to variations of leases 
• Negotiation process from letter of intent to an executed lease agreement
• Definitions as used in the lease
• Important lease considerations

Aircraft Delivery & Lessee / Lessor Responsibilities During the Lease Term

• Aircraft and records inspection 
• Maintenance during the lease term
• Maintenance Reserves
• Regulatory requirements 
• Insurance claims

End of Lease Procedures

• Redelivery inspection of aircraft & records and how to avoid redelivery delays
• Redelivery in compliance with the lease vs. default
• Financial adjustments at lease termination 
• Group Discussion - Avoiding adversarial situations throughout the lease term

TRAINING METHODOLOGY:

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.