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