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IATA Aircraft Lease Guidance

Guidance Material for aircraft leasing

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Delivery

and registration process in another state, when Lessee should demonstrate airworthiness to the local

CAA and the previous operator should contact his local CAA to issue the export airworthiness certificate.

Date of CRS issue (after the delivery C-Check and the final works are done)

Date of engines run test

Engines run test can be done before or after the demonstration flight, preferred would be to accomplish

before the demonstration flight. It’s not as critical as the scheduling of the engines borescope inspection

Date of engines and APU(if applicable) borescope inspections

It is very important that borescope inspection is done after the demonstration flight, to guarantee, that no

damage has occurred before the first flight of Lessee after delivery.

3.2.3 Delivery Maintenance Check

During the maintenance (delivery) check, the Lessee delivery team should make sure that:

The documentation of the maintenance status of the aircraft and relevant technical records correspond

to delivery conditions stated in the lease agreement.

The physical technical condition of aircraft corresponds to delivery conditions. It’s suggested, to engage

very experienced base (heavy) maintenance inspectors, who are familiar with the aircraft type, and can

find and determine any deviations at the inspected zones, based on approved data. All findings should be

listed in detail and sent to Lessor for rectification.

It is advised to take photographs of all relevant sections as reference material during the lease, and for

aircraft redelivery.

The content of a physical inspection will be different for each aircraft type, but a generic template is

included in Annex I.

If allowed under the lease agreement, the Lessee should witness the functional and operational checks which

are completed at the end of the delivery check just before the CRS is signed and issued. When Lessee has

verified and confirmed that the technical condition of the aircraft satisfies the delivery conditions, at this

stage, Lessor may start preparation for the demonstration flight.

During the physical inspection, the Lessee should ensure that both the physical condition and the actual

aircraft state in relation to the records (installed components, aircraft configuration etc.) are acceptable. The

physical inspection should ideally cover a full survey of the aircraft.

3.2.4 Records Acceptance

Depending on the age of the aircraft, the review of the aircraft records can be a labor-intensive activity. The

records review should ideally be performed by experienced airworthiness staff, to ensure records meet the

level that is internally accepted by the Lessee and specified in the lease agreement. This records compliance

check is similar to the checklist for redelivery. A generic list can be found in Annex II, while an overview of a

4 th Edition 2017 25

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