IATA Aircraft Lease Guidance

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Guidance Material and Best Practices for Aircraft LeasesSELCALSISRMSSIDSSIPSTCTCCTCDSTSNUNIDROITUSVHFVORVSLWDMWFDWOSelective CallingInternational System of Units (Système International)Structural Repair ManualSupplemental Structural Inspection DocumentSupplemental Structural Inspection ProgramSupplemental Type CertificateTime Controlled ComponentsType Certificate Data SheetTime Since NewInternational Institute for the Unification of Private LawUnited StatesVery High FrequencyVHF Omnidirectional RangeVital Statistics LogWiring Diagram ManualWidespread Fatigue DamageWork Orderxiv 4 th Edition 2017
ScopeIATA’s ‘Guidance Material and Best Practices for Aircraft Lease’ provides information about many aspectsrelated to aircraft leases with a focus on the technical perspective. This document is written for engineersworking at the airline technical / engineering department as well as technical representatives from leasingcompanies, and offers guidance on lease related issues during the aircraft lease life-cycle. It describes thedifferent subjects from a broad practical perspective, taking into account technical, regulatory (mostly FAAand EASA), legal and commercial considerations.This document is structured in such a way that it covers the aircraft leasing process and areas of attention atdelivery of an aircraft, during operation and at redelivery together with a look at common misunderstandings,legal considerations, insurance and relevant conventions. The annexes can be used as practical guidelinesand templates.IATA’s Aircraft Leasing Advisory Group is the owner of this document, which is under continuous review byairlines and IATA strategic partners who can provide their input during regular meetings. Other commentsare also welcome at: alag@iata.org.4 th Edition 2017 xv
Page 1 and 2: Guidance Material and BestPractices
Page 3 and 4: Table of ContentsList of Figures ..
Page 5 and 6: Table of Contents4.4 Engine Power b
Page 7 and 8: Table of ContentsAnnex X: LLP Back-
Page 9 and 10: List of FiguresFigure 1. Document S
Page 11 and 12: List of TablesTable 1. Different Ty
Page 13 and 14: AbbreviationsACACMIADAIRAMCAMMAMOCA
Page 15: AbbreviationsIPCLDNDLLPLOCLOILOPALR
Page 19 and 20: IntroductionIATA recommends a proce
Page 21 and 22: Section 1—Background1Background2P
Page 23 and 24: Backgrounddetermined period. As a r
Page 25 and 26: Backgroundthe repair is within SRM
Page 27 and 28: Pre-Deliveryin certain circumstance
Page 29 and 30: Pre-Deliverylimit, however it will
Page 31 and 32: Pre-DeliveryThe net lease is often
Page 33 and 34: Pre-Delivery●●Fixed costFlexibl
Page 35 and 36: Pre-Deliveryreserves rates depends
Page 37 and 38: Pre-DeliveryAs of July 2015, sixty-
Page 39 and 40: Deliveryredelivery conditions of th
Page 41 and 42: DeliveryOther items, such as wheels
Page 43 and 44: Deliverymodification and without an
Page 45 and 46: Deliveryand registration process in
Page 47 and 48: Deliveryimportant, as the continuou
Page 49 and 50: Delivery3.2.6 InspectionDuring the
Page 51 and 52: DeliveryooooGear TSN / CSN at Overh
Page 53 and 54: Deliveryminimum standards set by IC
Page 55 and 56: Deliveryimporting states recognize
Page 57 and 58: DeliveryIn Europe, under EASA rules
Page 59 and 60: Deliveryspecial procedures, phraseo
Page 61 and 62: Deliveryprogram, which effectively
Page 63 and 64: Section 4—Operations1Background2P
Page 65 and 66: OperationsFor maintenance reserve c
Page 67 and 68:
OperationsIt is advisable to the Le
Page 69 and 70:
Operations4.2.7 Other Important EoD
Page 71 and 72:
Operations●●●Reduced flexibil
Page 73 and 74:
Operationspractices; for example th
Page 75 and 76:
Operations4.5 Engine SubstitutionIf
Page 77 and 78:
RedeliveryA specific example of one
Page 79 and 80:
Redelivery●Project plan issued -
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 101 and 102:
Page 103 and 104:
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 111 and 112:
Page 113 and 114:
Page 115 and 116:
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 123 and 124:
Page 125 and 126:
Page 127 and 128:
Annex VIII: Airworthiness Directive
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
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 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
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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