When an operator accepts the lease of a commercial or business class aircraft, any errors, mistakes or omissions that are not discovered and
resolved before the closing date and all future Continuing Airworthiness Management become the lessees responsibility.
Aside from the prevention of significant maintenance cost shortly after lease commencement, it is the Lessees responsibility to add the aircraft to their operators certificate and successfully complete the import and re registration of the aircraft.
In our experience in performing technical inspection services returning off lease aircraft on behalf of major lessors we regularly see Lessors hold Lessees acountable for aircraft records that the Lessor never provided at the beginning of the lease!
It is the Lessees responsibility to verify all items at acceptance
as Lessors commonly will require financial adjustments at return for deficiencies even when these items were not initially supplied.
The Quality Control or Fleet Management departments for most small airlines do not have active experience with meeting the ever changing demands of major Lessors. We do!
The core business of Collateral Verifications is in providing unbiased appraisal, audit, advisory and inspection services.
As certified aircraft appraisers, we have written the book
on aircraft values and our role as industry advisers has allowed our company to establish many unique relationships at the highest levels of the aviation industry.
When engaged for fleet management projects, the full valuation & technical knowledge base of CV is brought to task.
Fleet management programs are custom developed for specific aircraft type, aircraft locations and other specific requirements of the client, but
will usually include the following:
Airworthiness Directives from multiple agencies. FAA, EASA, ANAC, CAA etc..
Controlled Components Tracking, Hard Time
Corrosion Control Program
Engine on or off-wing Maintenance Program
Life Limited Parts, Back to Birth traceability
Maintenance Program, MPD and MRB
Modifications and Alterations
Out of Phase Inspections
Service Bulletin and Alert Service Bulletins
Structural Inspection Program
STC derived maintenance tasks, Airworthiness Limitations, CMR
Heavy Maintenance Checks and C or D level inspections and repairs
The Continuing Airworthiness Management status of all aircraft in the fleet are monitored in real time and periodic physical inspections and audits cost are included in the management plan.
Sample Lessee Total Management Program:
Prior to Lease
Values Level 2 - Aircraft Value Market Letter
Letter of Intent Stage
Advisory - Assist with negotiating term sheet and contracts, delivery and return conditions, maintenance reserves, operating and maintenance covenants
IA 1 LOI Technical Pre-Purchase Inspection
IA 3 Full Technical Inspection Audit
IA 5 Maintenance Program Bridging
Real time monitoring of Airworthiness Directives & Alert Service Bulletins.
Advisory - Compile and deliver to Lessor Monthly Status Reports concerning the location, utilization, use, maintenance and operation of the aircraft. All reports uploaded to secure server for client download
Advisory - Fleet Technical Status Report Submitted
IA 2 Preparation for & escort of Lessors Mid-Term Technical Inspection Team
Once per Lease Term
IA 6 Maintenance Planning Documentation Audits
Prior to Lease End
AM 1 Author exit C check work scope packages
AM 2 Source & evaluate capable repair stations
AM 3 Negotiate workscope rates, fees and scheduling
AM 4 Total technical documentation & quality oversight of exit C Check
IA 4 Aircraft Technical Redelivery
For a 10 aircraft fleet, we provide flat rate pricing for less than $20,000 annually for all services above.
This includes 5 physical inspections/audits, maintenance program bridging, workscope authoring and full time C check oversight for each aircraft.
All Lessor reporting, aircraft monitoring and advisory services are also included.
Our customized Lessee & Operator programs allow for maximum flexibility and service substitution. During a 3 year agreement, based on the example above, a 10 aircraft fleet is allowed 50 onsite inspection/audits and over 140 man days of C check Technical Representation that can allocated as the Lessee desires.
Individual lease agreement terms, aircraft incidents and other factors will likely dictate unique inspection & advisory requirements for each fleet aircraft.
If these services do not meet your requirements, please contact us to receive a no obligation proposal for your specific project.
1.888.800.0030 USA TOLL FREE