IATA Aircraft Lease Guidance

Delivery
important, as the continuous development and subsequent issue of newer SRM revisions may introduce
new and more stringent repair procedures. Please refer to Annex V.
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HT components and On Condition/Condition Monitoring (OC/CM) components
The Lessee should verify availability of the correct release certificate, as well as compliance with the
maintenance clearance period for each (HT) component. Items such as emergency slides should be
carefully inspected, as these have sub-assemblies (e.g. batteries, squibs etc.) which are required to be
listed separately on the release certificate. Please refer to Annex IX for guidelines regarding components.
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Regulatory certificates
The Lessee should perform a review of the different certificates and statements, such as the CoA, CoR,
Certificate of Insurance, Noise Certificate, etc.
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Logbooks
The Lessee should verify that all logbooks are available, updated, and closed. It is important to note that
not all authorities require the use of hardcopy logbooks. Should such a requirement be applicable to a
Lessee, it is of vital importance to verify that logbooks are available for the entire life of the aircraft. If they
are not available, dispensation should be arranged with the authorities prior to importation.
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Engines
As engines are high value components and individual maintenance events are extremely costly, special
attention should be paid to the documentation associated with engines. During the review of the engine
records, the Lessee should ensure that all documentation required to determine the engine’s remaining
life and expected operational limitations is available (shop visit reports, trend data, borescope reports
etc.). Subsequently, the BtB documentation for LLPs should be carefully reviewed.
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Interior burn certification
The Lessee should verify that burn certification is available for cabin, flight attendant, and flight crew;
seat covers, cushions, sidewalls, carpets, hat racks, and curtains. This requirement can be satisfied by
either confirming that an official test report and approval are available, or that these components are
listed in the IPC. Subsequently, the Lessee should perform a physical check to determine whether the
correct parts numbers are installed.
3.2.5 Demo Flight/Borescope
The demonstration flight program should be agreed by Lessor and Lessee before the demonstration flight,
because the programs used for the demonstration flight can be very different. As example, the previous
operator’s demonstration flight program can be used, the new Lessee’s flight program can be used, or Lessor
can use aircraft manufacturer’s demonstration flight program. The demonstration flight should be organized
by the Lessee. During the demonstration, Lessee’s representatives should observe operation of the systems
in the cockpit and in the cabin. Aircraft’s water tanks should be filled up with water for testing the water
system and lavatories during the flight. After the demonstration flight both parties, Lessor and Lessee should
organize a de-briefing, which includes the pilots and Lessor’s mandated parties, where they can mutually
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