IATA Aircraft Lease Guidance

Redelivery
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Project plan issued – 8-10 months prior
o
o
o
Lessee generates a basic Project Plan detailing the primary tasks and key milestones
Lessee engages with the Lessor to agree the basic Project Plan
Lessee internal project kick-off meetings with all relevant departments to coordinate lease return
activities.
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Cabin and Cargo Bays inspection – 6-9 months prior
o
o
o
o
o
o
Lessee must consider the lead time for obtaining replacement parts for the cabin and other areas.
Place orders early and include parts which may still be subject to debate with Lessor but which are
considered to be “at risk”. Parts that are “at risk” parts are those that could delay the re-delivery.
The intent of the cabin walk through and cargo bays inspection is to agree the general standard for
lease return (fair wear & tear to be accepted).
Clarify Lessor approach to cabin PMA / non-OEM parts (if required/applicable).
“Fair wear & tear” – Lessee and Lessor must agree on what is acceptable/not acceptable (wear,
fabric tears, dents, cracks, stains, discoloration etc.).
Lessee, Lessor and MRO Project Managers/representatives should be present for the cabin walk to
reach a common understanding on what needs to be done in order for the cabin to be in an
acceptable condition for the return.
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Preparation of aircraft records – 6-9 months prior
o
o
o
o
Lessee starts preparing aircraft records in hard copy folders or digital format, subject to individual
airline process.
Priority should be given to identifying any issues with critical records (AD’s, Repairs, LLP etc.) so that
corrective actions can be planned or commercial remedies agreed.
Lessee to review mods and repairs to determine acceptability at return (EASA / FAA compliant,
locally approved etc.).
Consider giving Lessor access to Electronic records remotely with hard copy (if applicable) delivered
at aircraft return.
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Preliminary aircraft check package – 5-6 months prior
o
Lessee defines the work scope for the redelivery maintenance input (special care with contractually
applicable Lessee maintenance program / MPD/ ALS revisions etc.).
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Preliminary Engine and APU (if applicable) borescope inspection – 4-6 months prior
o
o
o
Preliminary inspection is to allow time to respond to adverse findings.
Lessee should consider sharing the inspection report and video with Lessor to establish a baseline of
understanding Engine/APU condition.
Report should include all findings and observations (including minor items within AMM limits);
including measurements which helped determine that an observation is “within limits” to avoid
debates and delayed return.
4 th Edition 2017 59