IATA Aircraft Lease Guidance

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Guidance Material and Best Practices for Aircraft LeasesFinally, an issue arises regarding how far back the ADs for a particular type of aircraft should be analyzed.The issue arises when the AD binder at end of lease is not complete and a considerable amount of AD datamust be incorporated into this binder. Repetitive ADs issued before the manufacture date of the aircraftshould be included as well. As stated in the aircraft lease agreements, the aircraft is delivered with acomplete AD binder and AD summary sheet at start of lease. These documents should be updated during thelease by the Lessee from the status and dates of the latest ADs received at delivery.114 4 th Edition 2017
Annex IX: Components GuidelinesAircraft Model :All modelsApplicability : EASA and FAA environment1. IntroductionThere are various requirements linked to the installation and tracing of parts (both from an airworthinessperspective and as part of the contractual obligations in a lease). It is the goal of this annex to provide astandard for component tracing, by using both FAA and EASA requirements in combination with therequirements commonly seen in the leasing industry.2. Regulatory BasisFor this section the EASA procedures as well the FAA procedures will be elaborated.2.1 EASA ProceduresVarious sections within EASA Part-M refer to the use of certified parts. M.A. 501 states that no componentmay be fitted on the aircraft unless it is in a satisfactory condition and has been released to service on anEASA Form 1 or equivalent.It is the purpose of the EASA Form 1 to release components after manufacture or after maintenance work hasbeen carried out. The release certificate provides approval of the competent authority which assures that thecomponent has been manufactured in accordance with their type design. It also allows the component to beremoved from one aircraft or component and installed onto another aircraft/component. This means anEASA form 1 should also be issued if a serviceable component is removed from the aircraft to be installed onanother aircraft. Serviceable labels would not be sufficient to cover such an occurrence.As indicated it is also possible to make use of a document equivalent to an EASA Form 1. Part-M identifies thefollowing documents to be an equivalent replacement:●●●●A release document issued by an organization under the terms of a bilateral agreement signed by theEuropean CommunityA release document issued by an organization approved under the terms of a JAA maintenance bilateralagreement, until superseded by the corresponding agreement signed by the European CommunityA JAA Form One issued prior to 28 November 2004 by a JAR 145 organization approved by a JAA FullMember StateIn the case of new aircraft components that were released from manufacturing prior to the Part-21compliance date, the component should be accompanied by a JAA Form One issued by a JAR 21organization, approved by a JAA Full Member Authority and within the JAA mutual recognition system4 th Edition 2017 115
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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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Redelivery●Project plan issued -
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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
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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 133: Annex VIII: Airworthiness Directive
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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