IATA Aircraft Lease Guidance
Guidance Material for aircraft leasing Guidance Material for aircraft leasing
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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Annex IX: Components Guidelines
Aircraft Model :
All models
Applicability : EASA and FAA environment
1. Introduction
There are various requirements linked to the installation and tracing of parts (both from an airworthiness
perspective and as part of the contractual obligations in a lease). It is the goal of this annex to provide a
standard for component tracing, by using both FAA and EASA requirements in combination with the
requirements commonly seen in the leasing industry.
2. Regulatory Basis
For this section the EASA procedures as well the FAA procedures will be elaborated.
2.1 EASA Procedures
Various sections within EASA Part-M refer to the use of certified parts. M.A. 501 states that no component
may be fitted on the aircraft unless it is in a satisfactory condition and has been released to service on an
EASA Form 1 or equivalent.
It is the purpose of the EASA Form 1 to release components after manufacture or after maintenance work has
been carried out. The release certificate provides approval of the competent authority which assures that the
component has been manufactured in accordance with their type design. It also allows the component to be
removed from one aircraft or component and installed onto another aircraft/component. This means an
EASA form 1 should also be issued if a serviceable component is removed from the aircraft to be installed on
another 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 the
following documents to be an equivalent replacement:
●
●
●
●
A release document issued by an organization under the terms of a bilateral agreement signed by the
European Community
A release document issued by an organization approved under the terms of a JAA maintenance bilateral
agreement, until superseded by the corresponding agreement signed by the European Community
A JAA Form One issued prior to 28 November 2004 by a JAR 145 organization approved by a JAA Full
Member State
In the case of new aircraft components that were released from manufacturing prior to the Part-21
compliance date, the component should be accompanied by a JAA Form One issued by a JAR 21
organization, approved by a JAA Full Member Authority and within the JAA mutual recognition system
4 th Edition 2017 115
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