NAFA member, CFS Jets, discusses what questions to ask prior to signing your aircraft lease.
Signing an aircraft lease can be an attractive option for operators seeking flexibility without hefty upfront costs. However, before diving into an agreement, it’s essential to ask the right questions. Understanding lease structures, return conditions, and potential operational restrictions can save you from unexpected challenges down the road. Consulting legal experts and gathering insights from industry specialists can further ensure a smooth leasing experience. In this post, we’ll explore critical considerations for would-be lessees to keep in mind before signing on the dotted line. Continue reading to learn more about the questions you should ask before signing an aircraft lease.
Leases are a popular option for aircraft operators, providing flexible access to a platform without the need for large capital investments. But what are the big questions would-be lessees should ask before signing on the dotted line? Gerrard Cowan finds out…
Confirming that the chosen structure will achieve your objectives is a good place to start, he adds.
Global Jet Capital is a major US-based provider of leasing (and other lending solutions) for business aircraft. These include operating leases, where the aircraft is owned by the lessor for the duration of the lease and handed over at the end of the term; finance leases, through which the lessee can take eventual ownership of the asset; and sale and leaseback arrangements, where an owner sells their platform to the lessor and then leases it back, enabling them to free up capital while retaining the use of the aircraft.
This article was originally published by CFS Jets on October 9, 2024.
