Sofema Aviation Services (SAS) www.sassofia.com considers issues which are created due to ambiguous or phraseology which is subject to variable interpretation during Aircraft Lease Contract Developments. Introduction  – The problem with Vague, Un-Qualified and Open-Ended Commitments What does “Good Condition” mean – clearly this is a very subjective term – What if the lessee has more…

Sofema Online has launched a New Diploma designed to appeal to the needs of aviation professionals: Aircraft Technical Leasing – EASA Learning Path Diploma Sign up with a 10% discount by quoting “Leasing-Diploma-10” at team@sassofia.com before 31 July 2022 Sofema Online introduces the Aircraft Technical Leasing – EASA Learning Path Diploma equivalent to 14 days of classroom training…

Sofema Aviation Services (SAS) www.sassofia.com considers the key negotiation strategy to prepare for the best outcome when negotiating aircraft lease agreements or other critical aviation contracts. Introduction Without a doubt, a lack of preparation is the primary reason for coming unstuck. However, it does not have to be so and with careful planning you can…

Introduced by Sofema Aviation Services (SAS) www.sassofia.com Introduction – What is IFRS 16? IFRS 16 brings in a requirement which provides a single lessee accounting model. Requires a lessee to recognise assets and liabilities for all leases with a term of more than 12 months, unless the underlying asset is of low value. A lessee…