IATA Aircraft Lease Guidance
Guidance Material for aircraft leasing
Guidance Material for aircraft leasing
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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