Transition Management for Leased Aircraft
In the March issue of AviTrader MRO360°, Sergey Starkov, Technical Director at Vallair, offered advice on managing aircraft lease transitions.
The operative word is organisation. “Transitions require significant teamwork between commercial, legal, technical and financial departments. Additionally, in recent years, transition records requirements have increased. Preparation is therefore paramount.
Lessors favour back-to-back leases and will often match redelivery requirements at the end of one lease to the delivery conditions of the next one. So, it is prudent for operators to produce high-quality documentation which has the correct data and is formatted correctly. This increases the chances that the lessor will accept redelivery quickly, which prevents airlines from having to continue to pay for the aircraft in the event of a delay.”
Operators must also factor in the time and work needed should there be any planned or unforeseen MRO requirements.
Whether operators manage transitions themselves or subcontract to experienced third-parties, Starkov’s instructions are clear: “Start everything as soon as possible.”
To read the full article, click here.
Article courtesy of AviTrader.
AviTrader MRO360° - Passenger-to-Freighter Conversions
In the February edition of AviTrader MRO360°, Chief Commercial & Marketing Officer at Vallair, Pascal Parant, speaks to David Dundas about recent structural changes in global air cargo demand that have made passenger-to-freighter conversions more attractive.
Parant shares that while demand driven by e-commerce and long-haul international cargo remains solid, wide body freighters are not readily available on the market and prices are high.
“There are simply not enough new-build freighters being produced to meet demand, and lease rates are extremely high. So converted freighters will continue to play a major role for many years. Conversion allows full utilisation of an aircraft’s economic life.”
To read the full article, click here.
Article courtesy of AviTrader.


