IATA Aircraft Lease Guidance

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Guidance Material and Best Practices for Aircraft LeasesThe FAA defines an AD as directives which are legally enforceable rules that apply to aircraft, aircraft engines,propellers, and appliances. An AD is applicable to the aircraft indicated in the AD and an AMOC can berequested from the FAA which allows the executor to apply for an alternative without compromising the levelof safety initiated by the publication of the AD.In Order 8110.103A, the FAA states the ruling on AMOCs and the transferability between operators andjurisdictions: Depending on the transferability of the AMOC (A transferable AMOC is an AMOC that willcontinue to apply to a product after it has been transferred to a new owner/operator, as stated in 3-11 ofOrder 8110.103A) an AMOC proposal from a foreign entity (owner, operator, or another CAA) can be approvedby the FAA. A foreign-registered aircraft today could be US-registered tomorrow. The importingowner/operator must demonstrate FAA AD compliance before the FAA can determine the aircraft to beairworthy.An owner who has registered his US-manufactured aircraft in another jurisdiction can propose an AMOC tothe FAA, and the FAA can approve or deny this AMOC in line with FAA ADs for foreign aircraft. However, theFAA cannot approve AMOCs for another CAA’s AD.3. AD File Overview3.1 IntroductionThe goal of this annex is to provide the Lessee with a clear and accurate description of the steps to take fortracking and documenting the relevant ADs in the most practical manner. This will create a clear view on thehandling of ADs and will mitigate problems at end of lease. Regardless of the classification of the AD (e.g.repetitive or one-time; ‘Final’ AD or Emergency AD), the process of checking applicability, performing thetasks of the AD in the timeframe defined, and documenting the respective documents is the same.Figure 13 provides an overview and guideline for industry best practice in processing and documenting ADs,defined from the perspective of various stakeholders (Lessee, authorities, and Lessor). As indicated in thisfigure, the AD consists of two separate parts: the summary sheet and the AD compliance binder.110 4 th Edition 2017
Annex VIII: Airworthiness Directives GuidelinesFigure 13.Overview and guideline for industry best practice in processing and documenting ADs4 th Edition 2017 111
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Guidance Material and BestPractices
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Table of ContentsList of Figures ..
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Table of Contents4.4 Engine Power b
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Table of ContentsAnnex X: LLP Back-
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List of FiguresFigure 1. Document S
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List of TablesTable 1. Different Ty
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AbbreviationsACACMIADAIRAMCAMMAMOCA
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AbbreviationsIPCLDNDLLPLOCLOILOPALR
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ScopeIATA’s ‘Guidance Material
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IntroductionIATA recommends a proce
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Section 1—Background1Background2P
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Backgrounddetermined period. As a r
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Backgroundthe repair is within SRM
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Pre-Deliveryin certain circumstance
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Pre-Deliverylimit, however it will
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Pre-DeliveryThe net lease is often
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Pre-Delivery●●Fixed costFlexibl
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Pre-Deliveryreserves rates depends
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Pre-DeliveryAs of July 2015, sixty-
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Deliveryredelivery conditions of th
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DeliveryOther items, such as wheels
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Deliverymodification and without an
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Deliveryand registration process in
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Deliveryimportant, as the continuou
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Delivery3.2.6 InspectionDuring the
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DeliveryooooGear TSN / CSN at Overh
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Deliveryminimum standards set by IC
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Deliveryimporting states recognize
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DeliveryIn Europe, under EASA rules
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Deliveryspecial procedures, phraseo
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Deliveryprogram, which effectively
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Section 4—Operations1Background2P
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OperationsFor maintenance reserve c
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OperationsIt is advisable to the Le
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Operations4.2.7 Other Important EoD
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Operations●●●Reduced flexibil
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Operationspractices; for example th
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Operations4.5 Engine SubstitutionIf
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RedeliveryA specific example of one
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Page 81 and 82: RedeliveryoLessor or Lessor represe
Page 83 and 84: Redeliveryincludes a “redelivery
Page 85 and 86: Redeliverythe redelivery of the Air
Page 87 and 88: Redeliveryrecovery plan. Lessee Pro
Page 89 and 90: Redeliveryrepresentatives fails to
Page 91 and 92: Redelivery4. Remediesa) If Lessee f
Page 93 and 94: References in AnnexesAnnex V Struct
Page 95 and 96: Annex I: Example Physical Inspectio
Page 97 and 98: Annex I: Example Physical Inspectio
Page 99 and 100: Annex II: Typical Redelivery Record
Page 105 and 106: Annex III: Typical Index of Deliver
Page 107 and 108: Annex IV: Engine Documentation Chec
Page 109 and 110: Annex V: Structural Repair File Gui
Page 117 and 118: Annex VI: Modifications Guidelinesd
Page 119 and 120: Annex VI: Modifications Guidelineso
Page 121 and 122: Annex VII: Aircraft Maintenance Pro
Page 127 and 128: Annex VIII: Airworthiness Directive
Page 129: Annex VIII: Airworthiness Directive
Page 133 and 134: Annex VIII: Airworthiness Directive
Page 135 and 136: Annex IX: Components GuidelinesAirc
Page 137 and 138: Annex IX: Components GuidelinesFAA
Page 139 and 140: Annex IX: Components GuidelinesOper
Page 141 and 142: Annex X: LLP Back-to-Birth Guidelin
Page 153 and 154: AcknowledgementsIATA:Chris MarkouGe
Page 155: www.iata.org/publishingcustserv@iat
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IATA Aircraft Lease Guidance

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