PRE-ACQUISITION
- Identify, with each client, the ideal assets and credits desired for investment
- Conduct a global search for assets which present a short list of recommended assets
- Provide Lease Encumbered Valuation and independent Credit reports on desired
- Conduct a complete Lease review identifying any potential trouble areas with the lease
LEASE OVERSIGHT & ADMINISTRATION
- Monthly Rental Invoice issue procedure
- Monthly Maintenance Reserve calculation and Invoice issue procedure
- Management and renewal of Security Deposits/Letter of Credit/Maintenance Letters of Credit Maintenance Expenditure review and reconciliation
- Operator Financial Reporting Obligations
- Insurance Certificates
- Non-Compliance Management
- Monthly Utilisation monitoring and recording
TECHNICAL ADMINISTRATION AND MANAGEMENT
- Annual or periodic inspections
- Pre-return survey
- Redelivery management
- Incident survey
- Lessor contribution survey
- Technical Matters AD/Mandatory issues
- Specification Updates, new aircraft Specifications/BFE/Upgrades
- Current maintenance reserve fund (actual v theoretical)
- Future projected maintenance reserve fund (actual v theoretical)
PERIODIC VALUATIONS
- Base Values
- Future Base Values
- Current Market values based on half-life condition
- Current Maintenance/Condition Adjusted values
- Future Market Value Lease
AIRCRAFT REPOSSESSION AND CONTINGENCY PLANNING
- Base Values
- Implementation of action plan
- Physical repossession of aircraft and records
- Storage, insurance, maintenance and ferry flight logistics (third party costs payable directly by Client)
AIRCRAFT REMARKETING AND LEASE RENEWALS
- Remarket aircraft for sale with lease attached, or sale/lease at lease end or in the event of repossession
REPORTS AND MEETINGS
- Regular calls to discuss operational matters
- Periodic meetings and formal reports (normally quarterly) to cover:
- A Report for each asset, lessee and general market update
- Meetings to discuss the next quarter’s activities and asset related issues