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Presented by Sofema Aviation Services www.sassofia.com Managing Aircraft Lease Agreements and Maintenance Reserves – 3 Days – Bangkok, Thailand November 25th to November 27th 2019 Introduction Difference Between Ownership, Operating and Financial Lease Operating leases and capital finance leases are two options with different features and benefits. Essentially the differences between the two basic forms…

Sofema Aviation Services www.sassofia.com takes an Overview of Best Practice Technical Records Management Processes. Brief Introduction to EASA Regulatory Requirement Concerning Correctness of Entries The regulations concerning the correction of Aircraft Technical Records are very straightforward and leads to no miss understanding, however, it is still necessary to develop the information, to ensure that different…

Legal Aspects Review by Sofema Aviation Services www.sassofia.com How will IFRS 16 Leases Affect Aviation Companies? Leases previously treated as operating leases will generally now be an on-balance sheet. A lessee will recognise a right-of-use asset and a lease liability, and consequently depreciation and interest expense in profit or loss. The new Standard, in addition…

Presented by Steve Bentley CEO of Sofema Aviation Services www.sassofia.com Introduction – Purpose – To implement Enhanced Competence Assessment Program Background In order to establish a process to ensure effective management of competence relevant to all affected persons within the business. This means we need to identify – who can assess – how they will…