Lease Transition
Awareness Course
The Lease Transition Awareness Course has three modules:
- Mid-Lease Inspections
- Maintenance Reserve Funds
- Aircraft Repossession
Price: €150.00 excl. VAT
The Mid Lease Inspection is a financially very important assessment of an asset for the lessor and can greatly aid the future market potential; here we go through a typical midterm lease review and modification awareness. The aim of these courses is to compliment your understanding of the sector by increasing your appraisal of a transition or an asset by encouraging you to see the transition or asset from different perspectives. You are given an insight into the data collected at a typical midterm lease review together with practical examples, expectations, check lists and guidance you will be able to perform a review with ease.
Maintenance Reserve Funds are an important part of an “insurance policy” regarding any aircraft lease and we look at what they are and how they work. This is especially important when considering an asset from many points of view. The Maintenance Reserve Funds essentially form an integral part of any aircraft lease and form part of an insurance policy for the lessor. Understanding both the complex nature of what MRF’s are and why they are in place is essential when dealing with airlines and customers alike so that you have a widened understanding of the impacts of a typical lease and the implications of the MRF within any lease.
The Aircraft Repossession module looks at the issues that trigger a repossession, the risk monitoring that is performed prior to a lease agreement and the role of mid-lease inspections. The aim of the course is to demonstrate the Repossession process and take an in-depth look at the planning required for the event, the Technical Records and CAMO requirements at a Repossession whilst also preparing for a Ferry Flight and de-registration.
ESSENCE
OF THE COURSE
We explain the value of technical data and its importance to a lessor. The mid-lease audits are the means of extracting the data and the course clearly identifies “how to” perform. An introduction to Maintenance Reserve Funds is also included to demonstrate the link between the financial and technical sides of leasing.
Unfortunately as Repossessions and early lease terminations become more prevalent in aircraft leasing we explain how to plan for an event and the requirements of the different stakeholders.
This course will cover aspects
- Mid-Lease Inspection Checklists
- Modifications Checklist for a Pre-redelivery (PRR)
- Introduction to Maintenance Reserve Funds (MRF)
- Qualification items for Supplemental Rent Claims
- Claims Checklist
- Repossession Triggers
- Risk Monitoring
- Planning for a Repossession event
- Technical Records at a Repossession
- CAMO at Repossession
All Programme and Courses come with
Complimentary Toolkit to assist with the “How To”
Plans for the
Records Process
Open Item List Spreadsheets
Review
Checklists
These are downloadable attachments for the module for you to reference and use which include a plan for the Records Process, Open Item List Spreadsheet to record findings along with a Checklist to ensure that you complete all aspects that are required to review.
CERTIFICATE
Our aim is to set a global standard for the Technical and Records sector of Aviation Leasing. Your certificate will become your “license” to operate within this growing marketplace.
The Next Course we would
recommend depends on your
job role or requirements
The three modules on the Lease Transition Awareness Program are complimented by the Technical Records Course as they explore in depth how to transition the aircraft off lease. If you need the learn more on the airframe side of transitions, then the Structures and Sheetmetal will allow you to analyse Repair Files and the Dent & Buckle Charts