When considering lease return conditions or lease contracts, awareness of the contract is an integral part of the process.

Initially the contract can seem to be quite complex and one important area of awareness is how contracts define words – this is typically in two main ways:

1.      Defined Term List (a separate section at the beginning usually of the contract)

2.      Defined Terms within the document (the first time a word is used the definition it is defined; all further uses relate to this definition)

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During any transition or technical review of an aircraft when considering damage assessments to an aircraft, an important consideration is any additional inspections called up due to the damage or repair as well as the classification of a repair.

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Performing aircraft physical surveys is a complex task as the survey can include such items as fixtures, fittings or component condition.

Part of a physical survey is an evaluation of the aircraft damage, often checked against a “Dent & Buckle” report detailing all known damage and providing details for you to evaluate against.

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During a lease transition or during a period when an aircraft may be stored by a lessor / airline there may be a time that flight is required, and the aircraft is not currently meeting the airworthiness requirements.

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