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Aircraft Lease Return Records Review Best Practice Considerations

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Records

October 21, 2021

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Sofema Aviation Services (SAS) www.sassofia.com looks at the process of reviewing Aircraft Records during the end of Lease Transition. Introduction Records reviews are extremely time-consuming, often allocated insufficient manpower, and frequently become part of expensive transition delays. Note – The lessee is expected to provide the lessor with access to all applicable records. The documentation…

What Happens during the Aircraft Lease Return Pre-Delivery Meeting?

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Lease Return

October 20, 2021

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Sofema Aviation Services (SAS) www.sassofia.com considers key aspects of the Aircraft Lease Return Process. Introduction Anyone who has witnessed several lease returns will, without doubt, testify that not all run smoothly and some may even become a significant financial burden for the lessee. Whilst the lessee wants to minimize expense, the lessor’s goal is typically…

Planning an Aircraft Lease Return – Considerations

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Lease Return

October 19, 2021

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Sofema Aviation Services (SAS) www.sassofia.com considers best practices related to the development of a Lease Return Plan Introduction Over 13,000 large aircraft operating in 2021 are under a lease agreement and as such is subject to the requirements of the lease agreement. The Lease Agreement contains provisions related to the termination and return of the…

CS 25 Equipment Standards – RTCA / EUROCAE

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RTCA

October 18, 2021

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Sofema Aviation Services (SAS) www.sassofia.com considers North American & European Standards related to Aeronautical Products. Introduction – Radio Technical Commission for Aeronautics (RTCA) RTCA is a US non-profit organisation: Founded in 1935 20 active committees with multiple working groups Develops industry standards Co-operates with aviation regulators (FAA / EASA etc) Standards are developed and drafted…