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Aircraft lease agreement pdf

Aircraft lease agreement template 2025

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The document is an Aircraft Lease Agreement between a Lessor and a Lessee, outlining the terms for leasing an aircraft with an option to purchase. It details the responsibilities of both parties regarding the lease duration, rental payments, maintenance, insurance, and liability. The agreement includes provisions for inspection, alterations, return conditions, default consequences, and dispute resolution through arbitration. It emphasizes that the Lessor retains ownership of the aircraft while granting the Lessee specific rights and obligations during the lease term.

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Click ‘Get Form’ to open the aircraft lease agreement template in the editor.
Begin by entering the date of the agreement in the designated field at the top of the document.
Fill in the names and addresses of both the Lessee and Lessor, ensuring all details are accurate for legal purposes.
Provide specific information about the Aircraft, including make, year, model, serial number, and registration number in the respective fields.
Complete sections regarding lease terms, including duration and rental rates. Be sure to specify any minimum monthly rent and payment due dates.
Review sections on indemnification, risk of loss, and insurance requirements to ensure compliance with your needs.
Finally, sign and date the document electronically using our platform’s signature feature for a seamless completion process.

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Got questions?

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

How much does it cost to lease a 737?

Leasing rates for new Airbus A320neo and Boeing 737 MAX 8 aircraft are around $400,000 a month. The market value of A320neos and Boeing 737 MAX 8s is around $55 million, with the A320neo priced slightly over the MAX 8.

What is the average loan rate for an aircraft?

Typical aircraft loan rates range from 6.25% to 8.99% with terms up to 20 years. For aircraft structured under Part 91 or Part 135 regulations, a typical down payment is 15% for loans under $1 million and 20% for loans exceeding $1 million.

How much does it cost to lease an A320?

Lease costs can range from $500,000 to $1 million per month depending on the length of the lease. This cost must be taken into account when determining the overall cost of operating an A320.

Can I make my own lease agreement?

Can you write your own tenancy agreement? Certainly. Unless youre an attorney, or have an attorney review it, you probably shouldnt, But you certainly can. If you fail to follow your state/local laws to-the-letter, the agreement may be invalid.

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.

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How much does it cost to lease a Boeing 777?

The average hourly rental rate of the Boeing 777-200LR VIP is around 26,000 USD per hour. The average purchase price of a new Boeing 777-200LR VIP is 285,000,000 USD.

What is the average lease rate for aircraft?

Market lease rates for narrowbody aircraft have remained steady in the last quarter following a significant increase in H2 2023. The market lease rate for a new Airbus A320neo and Boeing 737 MAX 8 is at around $400,000 per month, whilst for the A321NX, it is in the region of$460,000.

Can you handwrite a lease agreement?

If youre comfortable writing your own lease agreement, you can sit down at your computer and type out everything you want your tenant to agree to. You can even hand-write it if you want. There are online services that offer templates for free or a small fee to help you get started.