What information would you expect to find in an aircraft damage record document – The document can go by several different names, although is commonly called the “Dent & Buckle” document.
It should be present on the aircraft, and this is always the most up to date and current version. The document will record damage to the aircraft along with details about this damage and how it has been assessed or dealt with.
Heard the term “supplemental rent” before and wondered what it means? “Supplemental Rent” is a term often used to describe “Maintenance Reserve Funds” (MRF).
The payments are made along side the lease cost to the lessor and will accumulate over time toward scheduled major maintenance events on the airframe, engines or landing gear for example.
An aircraft transition between lessor and lessee is a complex transaction – one to which there are many different aspects to, across multiple key areas.
Ensuring asset value for lessor with lease conditions and meeting those return or delivery lease conditions for lessees.
One phrase you might have heard a lot more recently regarding lease types is “power by the hour” or PBH.
This kind of lease is a little different in that the lessor provides the asset on a fixed cost base. This fixed cost is typically driven per flight hour, or a calendar period such as monthly.
