Archive for the ‘Asset Management’ Category

Best Industry Practice for Aircraft Lease Transitions

If aircraft are returned late or in an unacceptable condition at the end of lease, the operator can face significant compensation costs. Recommended best practice for the aircraft lease transitions process are highlighted here, including the need for detailed, advanced planning. AVITAS’s Bruce Burnett advises on the best practices for aircraft leasing, read more here […]

Aircraft Leasing Asset Management Seminar, Jun 13th-15th Beijing, China

Embry-Riddle Aeronautical University’s College of Business in collaboration with Boeing Capital Corporation and AVITAS, are offering a three-day Aircraft Asset Management Professional Education course geared towards airline employees, aircraft manufacturers, leasing and financing companies, government policy makers and regulators and aviation professionals. The course will be instructed in the English language with Mandarin Chinese translation […]

FAA 8130-3 Requirement For New Parts

Historically a repair station could repair components using new OEM parts without an 8130-3 for each of the piece parts and release the repaired component with dual FAA and EASA certification.  With a recent rule change by the FAA, U.S. repair stations are no longer allowed to provide dual certification without each new part used […]

Lease Return Language – “without regard to hours and cycles”

Almost all leases contain clauses that describe the condition that the aircraft and engines must meet at the end of the lease term.  These “return conditions” stipulate the aircraft configuration, the status of the airframe maintenance, the time remaining on major components, other details that the lessee must meet when the aircraft is redelivered to […]

Non-Incident Statements – What are they all about?

Non-Incident Statements – What are they all about? When you buy a used car, a typical first question might be, “has this car been involved in an accident?”  After all, if the car has had significant damage, surely this would affect the purchase price.  For an aircraft, this is similar, but not exactly the same.  […]

Bruce Burnett Presenting at Legal Aspects of Aircraft Leasing and Financing Workshop – 7th July 2015

Bruce will be presenting at the workshop on Legal Aspects of Aircraft Leasing and Financing on Tuesday 7th July 2015 at Cozen O’Connor, 1627 I Street, NW, Suite 1100, Washington, D.C. 20006. AGENDA THEMES Lease Contract Formation and Enforcement Principles of Contract Law Relevant to an Aircraft Lease Agreement Assent/Assignment/Delegation/Breach/Discharge/Remedies Aircraft Operating Leases Anatomy of the […]

Bruce Burnett speaking at US Aircraft Financing and Leasing, 28th May 2015

Bruce will be presenting at the US Aircraft Financing and Leasing Conference, Thursday 28th May 2015 in Fort Lauderdale, FL, USA. This major event will explore the latest developments in commercial aircraft financing and leasing in the United States.  Themes to be explored include financing structures in the region, leasing options for regional operators, the future of commercial aviation in […]