Aircraft leasing has become a common technique to
acquire an aircraft, since this asset has become expensive and always
subject to a variety of laws and regulations. One of its main
advantages is that it assists to settle cost considerably. Aircraft
leasing is most common in military aviation. Further, individuals,
commercial aviations, pilots, and government agencies utilize use
leasing options. Both short term and long term aircraft leasing options
are available.
Aircraft leasing transactions are categorized into operating leases and
finance leasing. Finance leasing is needed to meet any of these
criteria: a lease term greater than 75% of the aircrafts estimated
life, option to buy the asset for less than market value, or ownership
of this asset to be transferred to the lessee when lease expires.
It is always improved by tax advantages and is shown on the balance
sheet of the lessee. Usually, it’s for a long term period. Currently,
aircraft leasing is mostly on the basis of this sort of lease. As per
to statistics, there are about 12,500 commercial aircrafts in the
world, among which approximately 2500 work on operating lease.
It’s always preferable to obtain aircraft leasing services from
commercial aircraft sales and leasing. A collective term given to
organizations engaged in marketing airliners from manufacturers such as
Airbus and Boeing. A countless number of other providers, like
commercial banks, hedge funds, and financial institutions, are also in
the scenario to make available aircraft leasing services. Of which
famous are GE Commercial Aviation Services and International Lease
Finance Corporation.
As a part of complete aircraft
lease, most render maintenance management
including AOG and heavy maintenance functions. There are companies
which offer leasing as well as financing packages for new or used
commercial or corporate aircrafts. Customized aircraft leasing packages
that are designed as per the requirements of the customers are also
available nowadays.
Air Charter International offer aircraft
lease facility for corporate executives,
businessmen, air cargo, passenger travel, and emergency medical
evaluation as per their requirements.
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