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Guidance material and best practices for aircraft leases

Iata guidance material and best practices for aircraft leases 2025

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The document 'Guidance Material and Best Practices for Aircraft Leases' provides comprehensive guidelines for managing aircraft leases, focusing on technical, regulatory, legal, and commercial aspects. It covers the entire lease lifecycle from pre-delivery to redelivery, detailing best practices for maintaining asset value, understanding lease agreements, and ensuring compliance with airworthiness directives. The document emphasizes the importance of clear communication between lessors and lessees to avoid misunderstandings and costly delays during the leasing process.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the IATA airlines disclosure guide?

The Airline Disclosure Guides (ADGs) cover the latest accounting practices, principally from airlines reporting under IFRS related frameworks, to highlight key issues, judgements and disclosures made by airlines. They are designed to help in the development and analysis of airlines annual reports.

How many types of leasing are there?

The three main types of leasing are finance leasing, operating leasing and contract hire.

What are the three types of aircraft?

What types of planes are there? Passenger plane: these are built specifically to transport groups of people; theyre used by airlines for commercial flights, though they can also be private. Cargo plane: these are used to transport goods and large objects. Military plane: it is used for wartime purposes.

What are the three types of aircraft leasing?

Wet lease, damp lease, and dry lease, which are terms used to describe different levels of service and responsibility in aircraft leasing: 1. Wet Lease: In a wet lease, the lessor provides not only the aircraft but also the crew (including pilots and cabin crew), maintenance, and insurance.

What are the different types of aircraft leasing?

The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry.

aircraft lease return checklist

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What is the LOI for aircraft leasing?

For aircraft transactions, the LOI is usually a short, one-or-two page document that includes the essential terms (e.g., identity of the parties and the aircraft, purchase price, deposit amount, pre-purchase inspection requirements, delivery conditions and selection of an escrow agent) of the deal.

How are aircraft leases structured?

Types of Operating Leases aircraft and the lessee is responsible for operating, maintaining, insuring, and providing a crew for the aircraft. This is typically the case where the owner or lessor is an owner trust and neither it nor the equity investor is in the business of (or has any interest in) operating aircraft.