So to consider firstly the difference between AD’s & SB’s (there is in fact a significant difference). AD’s are mandatory and SB’s are essentially optional and it is up to the operator to evaluate and decide. Why do we have SB’s? Every SB tells a story of either compensation for under performance or an opportunity…

The Maintenance Responsibility of the Lessee includes but is not limited to the following : a) Responsible for the servicing, repair, inspection, maintenance and overhaul of the Aircraft. (Own Cost) b) Must comply with Approved Documentation and Regulatory Requirements c) Compliance with Mandatory S/B – Note from a regulatory perspective there is no such thing…

Aircraft Leasing Maintenance Reserve Considerations The fundamental objective of a lease is to ensure that the payments do in fact cover the capital and financing costs of the underlying asset. Ultimately it is the lessor who carries. Any residual risks, consider the potential for a default – for example Bankruptcy where all current and ongoing…

Steve Bentley, SAS Director of Standards, Sofema Aviation Services Aircraft Maintenance Programme (AMP), Maintenance Planning Document (MPD) The AMP belongs to the operator and is approved by the applicable regulatory authority, The MPD is controlled by the manufacturer and is periodically revised following meetings of the Maintenance Review Board (MRB) Consider the Role of the…