Aircraft Lease Types and Options Full Wet, ACMI, Dry, Damp

Sofema Aviation Services (www.sassofia.com) considers the pros & cons which are met by the different options of Aircraft Leases. Forthcoming Training Notification – Managing Aircraft Lease Agreements and Maintenance Reserves – 3 Days – Bangkok, Thailand 9 am to 5 pm from November 25th to November 27th 2019. Please see here for details Basic Leasing…

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The Impact of Lack of Planning in Aircraft Lease Returns

Does this issue concern you as an operator? Most receive penalties during a Lease Return and for some, it is “Major League” Sofema Aviation Services www.sassofia.com looks at the potential exposure when Lessees, fail to plan effectively. Managing Aircraft Lease Agreements and Maintenance Reserves – 3 Days – Bangkok, Thailand November 25th to November 27th…

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Considering the Pros & Cons of the Aircraft Lease Options – Which is the best option for me?

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…

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Aircraft Lease Terms Legal Definitions – IFRS 16 – Lessee’s Covenants, Cape Town Convention, Quiet Enjoyment

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…

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Considering a Painful Aviation Lease Lesson & Steps to Protect the Lessee

Presented by Steve Bentley – CEO of Sofema Aviation Services www.sassofia.com Forthcoming Training Notification Managing Aircraft Lease Agreements and Maintenance Reserves – 3 Days – Bangkok, Thailand November 25th to November 27th 2019 Introduction The Lease Agreement is an onerous legal document which carries significant obligations, the term buyer beware should be understood at the…

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Considerations Related to EASA Life Limited Parts, Hard Life and Back to Birth Traceability Requirements

Introduction By 2025, more than half of all the commercial aircraft in airline service globally will be controlled by the multiple aircraft leasing companies. The lessor’s primary business is preserving the value of their asset, means ensuring that the aircraft will retain the maximum possible value whilst generating lease income and maintaining adequate reserves. Commercial…

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Aircraft Lease Companies focused to Maintaining Asset Value

Introducing the EASA aviation auditing services of Sofema Aviation Services.  Ensuring that your aircraft retain the maximum value possible is a given, however often the aircraft is subjected over time to maintenance which whilst in essence complying with EASA requirements, has scope for improvement. There is a misconception that compliance with EASA is the “Holy Grail”…

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