Archive for the ‘Technical’ 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 […]

Bruce Burnett presenting at Aircraft Leasing Seminar, June 8th 2017

Bruce will be presenting at the Aircraft Leasing : A Guide to Successful Negotiations seminar being held in Washington DC on June 8th, 2017. The agenda highlights: Lease Contract Formation and Enforcement Principles of Contract Law relevant to an Aircraft Lease Agreement Assent, Assignment, Delegation, Breach, Discharge, Remedies Aircraft Operating Leases Cape Town Convention Technical Language in […]

Digital Records vs. Oodles of Paper

I remember my first redelivery.  It was a classic Boeing airplane that my airline had operated since new.  It was now nearing 17 years old and being redelivered to the lessor, one of the larger, more demanding leasing companies.  Although I recognized there were numerous “required” records that had to be redelivered with the aircraft, […]

Maintenance Reserves – The Basics

It is all about the risk.  Some people are risk adverse and some are risk takers, but when it comes to leasing aircraft or engines, no one wants to be financially responsible for any big surprises.  So what’s the risk? The risk is all about ensuring the owner or lessor always is protected for the […]

Inventory – Is It Worth What You Think?

A hypothetical client asked AVITAS to review and inspect their spare parts inventory and opine on the value of the collection of parts.   After a review of the list of parts and a visit to the warehouse facility, it was quickly apparent that the client had significantly over estimated the value of the inventory.  They […]

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 […]