Leasing Aircraft & Engines, Return Conditions, and Transition

The attendees will be more knowledgeable of what lease clauses require, what banking and financial institutions should know, what airlines/MROs and lessors must know when managing or returning the aircraft, and what regulators really require in order to issue import/export and airworthiness certificates. Handling of the transition of aircraft from one lessee and regulatory authority to another, including contract negotiation, modification implementation and new aircraft lease initiation will also be discussed.

In 1980, airlines leased three percent of all aircraft and owned 97 percent. By 2014, airlines leased approximately 40 percent of all aircraft (by operating lease). This number is projected to increase to 50 percent in the next few years (Reed Business Information Ltd, 2014). Learn the best ways to manage aircraft lease return so there is no disruption in airline operation and no penalties.

Aircraft lessors usually require that the aircraft undergo heavy maintenance at an EASA or FAA certified MRO.What are the consequences to look out for, especially in terms of clauses pertaining to maintenance and lease return conditions?

At the conclusion of this course, participants will:
• Determine the specific regulations, directives, advisory circulars, orders, and/or technical information needed for companies seeking a better understanding of Aircraft Leasing processes in an international context.
• Be able to apply ICAO Standards and Recommended Practices
• Have a much deeper understanding of aircraft leasing clauses in particular the do’s and don’ts

• Role of the International Civil Aviation Organization (ICAO)
• Basic Principles of International Aviation Airworthiness Standards
• Aircraft Registration – the state of registration
• Aircraft Operation – the state of the operator
• National Regulatory Bodies
• Review of various Aircraft Lease/Maintenance Agreements
• 3 Most Relevant clauses: Delivery, Redelivery and Maintenance.
• Aircraft Configuration and Control
• Airline Reliability Programs and MPD Adjustments
• Contract Maintenance Management and Supply Chain Preparation
• Maintenance and Airworthiness, including Skin mapping, Dents and Buckles Reports
– Modifications and Alterations
– Aircraft Records Documentation
– Major and Minor Repairs/Alterations, Modifications Including STCs Repair Data
• Instruction for Continued Airworthiness, Ageing Aircraft and EWIS Requirements
• Successful Lease Returns and Transitions and Avoiding Delays – Top 10 Tips

Mr Michael Daniel, Member, AAIS Panel of Experts
Mike is an International Aviation Safety consultant with over 33 years with the FAA as a Senior Manager, ISO 9001 / AS 9100 / AS 9110 Principal / Lead and Internal Auditor, Credentialed Supervisory Safety Inspector and Accident Investigator, and FAA Academy Instructor.

With several FAA overseas postings, he project managed the first FAA Bilateral Aviation Safety Agreements (BASA MIP) with Germany and France. He has also considerable experience with managing various regulatory requirements, FAA & EASA Certification and Maintenance (MRO & AMO), Part 121 Air Operators, Part 135 Business Aviation Air Operators, and Aircraft Certification.

Mike graduated from Embry-Riddle Aeronautical University (B.Sc. Aeronautics), a holder of FAA Maintenance Licenses with Inspection Authorization, and is a licensed pilot. He is a member of the International Society of Air Safety Investigators (ISASI), Flight Safety Foundation, SAE International, Chartered Quality Institute, and the Project Management Institute as an accredited Project Management Professional. He had previously served in the United States Marine Corps.