Introduction
During the transfer of an aircraft due to the sale or end of lease, the lease return conditions suddenly become very important and we pay attention (maybe for the first time!) and whilst our wish “of course” is to return the aircraft as it is, this is usually not possible for a myriad of reasons.
Obviously the primary concern of the lessee is to minimize any unnecessary expenditure, whereas the lessor is of course focused positioning the aircraft in the best way possible to provide the maximum appeal to the next customer means to receive the aircraft in an as new condition.
This course is designed to help you understand the fundamentals of both aircraft finance and legal elements to support your understanding of Aircraft Lease Agreements and Maintenance Reserves fundamentals to help you navigate through the complexity of this subject. To make the best organisational decision you should understand your options and how to benefit from the various leasing and financing schemes available for the acquisition of aircraft.
Who is the course for?
It is for persons who are involved in aircraft remarketing, Professionals, Managers and key staff from financial institutions, as well as anyone with an interest to achieve an effective understanding of the best practices related to Maintenance Reserves.
What is the Benefit of this Training – What will I learn?
a) Understand the different type of Aircraft Leasing Arrangements
b) Understand the process related to end of lease preparations
c) Consider importance of the lease return conditions
d) Easily navigate through the complexity of the Lease return Challenges and Obligations
e) Be able to minimize unnecessary expenditure
f) Understand the Fundamentals of Aircraft Finance including Maintenance Reserves
g) Raise awareness regarding Legal Obligations related to Aircraft Lease Agreements
h) Be able to take the best organisational decisions based on understanding options
i) Benefit from the various leasing and financing schemes available for the acquisition of aircraft.
Why Should I choose SAS for the training?
Sofema Aviation Services is a Regulatory Training and Consulting company with 45 years of commercial aviation experience and 10 years operational experience.
Since the start we have provided certificates to approx 20,000 delegates and we have grown for 2 primary reasons!
The first is that we are professional and we listen to our customers.
The second reason is a combination of outstanding course fees, together with a world beating discount program which leaves our competitors way behind – please do not take our word for it, check it out!
What makes SAS Managing Aircraft Lease Agreements and Maintenance Reserves – 3 Days Different?
Because our courses are written by people who have lived through the regulations, from the introduction in the early 1990’s of EASA Part 145 and the Introduction of JAR OPS 1 in 1998 (later to be come EASA EU OPS) together with the introduction of EASA Part M in 2003. The material author spent more than 25 years carrying out audits within a commercial aviation environment.
We were delivering training during the ICAO SMS Implementation year 2009 and the introduction into EASA OPS with regulation 965/2012
At Sofema Aviation Services our focus is on accepting that compliance with EASA Regulations is in fact minimum compliance. Interpreting the regulations in a way which enables the development and optimization of our business is where we should see opportunity to drive efficiency and cost-saving
Detailed Content / Topics – The following Subjects will be addressed
Day 1
– Abbreviations & Terms
– The Impact of Lack of Planning in Aircraft Lease Returns
– Role of International Civil Aviation Organisation
– General Introduction to EASA Regulatory Environment
– Continuing Airworthiness
– Continuing Airworthiness – In Services Considerations
– Part M Subpart C Continuing Airworthiness
Day 2
– The Certification Process Related to TCH
– MPD – AMP Customisation
– The Certification Process Related to EASA STC
– Bilateral Acceptance of EASA / FAA STC’s
– Aircraft Pre-Lease Considerations
– A Lesson in Leasing – Case Study
– Lease Types and Options Full Wet, ACMI, Dry, Damp
– The Role of Maintenance in Managing Aircraft Asset Value
– Engine Maintenance Economics / Module / LLP
– Commercial Considerations of Off‐Wing Maintenance
– End of Lease Engine Preparation Checklist
– Life Limited Components and Configuration Control
– Using Landing Gear Reliability Data for Maintenance Optimisation
Day 3
– Maintenance Reserves and Optimisation of Landing Gear Overhauls
– Certification of Repairs & Modifications – DER Repairs & PMA Parts
– How Low Utilisation Can Impact Aircraft Leases
– A General Introduction to Aircraft Leasing Maintenance Reserves
– Aircraft Leasing Maintenance Reserve Considerations
– Maintenance Reserves Monthly Cash Flow Forecasting
– Aircraft Financing and Leasing – Considering the Operators Options & Potential Return on Investment
– Aircraft Delivery and Re delivery Key Event Milestones and Timeline
– Aircraft Storage Conditions Review and Considerations
Target Groups
Airline professionals who are focused in the following business areas finance, fleet planning or aircraft remarketing, Professionals, Managers and key staff from financial institutions with specific involvement in aircraft financing and Fleet acquisition technical persons with involvement in lease agreements and managing maintenance reserves.
Pre-requisites
General Awareness of the structure and functionality of the EASA Process is an advantage.
Learning Objectives
Appreciate the roles and objectives of airlines, lessors, banks, and insurers in aircraft financing.
Understand the role of leasing and financial markets in aircraft financing transactions.
Understand the structure and format of Aircraft Leases.
How to optimize the management of Maintenance Reserves.
What do People Say about Sofema Aviation Services Training?
“The learning environment during the training was very pleasant.”
“The sample cases were very interesting.”
“I am very satisfied with the training.”
“The provided examples were of additional help.”
“The instructor asked us to participate in class, not just observe and listen.”
Duration
3 Days – Each training day will start at 09.00 and finish at 17.00 with appropriate refreshment breaks.
To register for this training, please email office@sassofia.com or Call +359 2 821 0806
