07.06.2021 Views

IATA Aircraft Lease Guidance

Guidance Material for aircraft leasing

Guidance Material for aircraft leasing

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Table of Contents

4.4 Engine Power by the Hour Maintenance Agreements ............................................................................................. 50

4.4.1 Payment Options ................................................................................................................................................................... 51

4.4.2 Entry/Exit Options and Number of Shop Visits ..................................................................................................... 52

4.4.3 Flexibility in Work Scope ................................................................................................................................................... 53

4.4.4 Flexibility in Engine Removal Planning ...................................................................................................................... 53

4.5 Engine Substitution .................................................................................................................................................................... 55

4.6 Technical Records ....................................................................................................................................................................... 55

Section 5— Redelivery ................................................................................................................................................ 56

5.1 Redelivery Conditions ................................................................................................................................................................ 56

5.2 Redelivery Process ...................................................................................................................................................................... 57

5.2.1 Initial Phase ............................................................................................................................................................................. 62

5.2.2 Pre-redelivery Phase ........................................................................................................................................................... 62

5.2.3 Redelivery Phase .................................................................................................................................................................. 62

5.2.4 Return Acceptance Certificate / Deregistration ................................................................................................... 63

5.2.5 General Recommendations ............................................................................................................................................. 63

5.2.6 Example “Redelivery Inspection and Acceptance Protocol” .......................................................................... 64

References ............................................................................................................................................................. 72

References in Annexes ............................................................................................................................................... 73

Annex I: Example Physical Inspection .................................................................................................................... 75

Annex II: Typical Redelivery Records ...................................................................................................................... 78

Annex III: Typical Index of Delivery Book ............................................................................................................... 85

Annex IV: Engine Documentation Checklist .......................................................................................................... 87

Annex V: Structural Repair File Guidelines ........................................................................................................... 88

1. Introduction .................................................................................................................................................................................... 88

2. Regulatory Basis ........................................................................................................................................................................... 88

2.1 EASA ........................................................................................................................................................................................... 88

2.2 FAA ............................................................................................................................................................................................... 91

2.3 EU-US Bilateral ....................................................................................................................................................................... 91

3. Repair File Overview ................................................................................................................................................................... 91

3.1 Setup ........................................................................................................................................................................................... 92

3.2 Pitfalls ......................................................................................................................................................................................... 93

4. Definitions ........................................................................................................................................................................................ 94

4.1 Airbus Repair Definitions .................................................................................................................................................. 94

4.2 Boeing Repair Definitions ................................................................................................................................................. 94

4.3 FAA Repair Definitions ....................................................................................................................................................... 95

4.4 EASA Repair Definitions.................................................................................................................................................... 95

4 th Edition 2017 iii

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!