Engine Leasing

Engine Leasing vs Buying vs RepairWhat you need to know

The lease versus buy decision will depend on your business needs. Here are a few things you should consider…

Leasing an engine is a great way to keep your aircraft flying while your engines are due for a Shop Visit and subsequent repair at an MRO shop. There is no heavy upfront investment required, and you do not have to deal with residual value risks while maintaining aircraft utilization targets.

Operating a leased engine, instead of your own, can save you millions in repair cost – depending on your aircraft lease return conditions. Many airlines park their own engines at the end of the lease term to comply with the minimum return conditions, avoiding additional Performance Restoration (PR) or Life-Limited Parts (LLP) change. Other airlines use spare engines to add additional life (“Green Time”) to airframes until the aircraft is ready for tear down.

Engines have become very reliable and predictable over the past decades. PR and LLP shop visits, however, are required during an engines life cycle. Airlines typically ramp up their fleet quickly, giving rise to shop visits that can occur during the same time.

This leads to major shop visit peaks which can be challenging to handle from a operational and financial perspective. Operating a spare engine and parking some of your engines will help smooth shop visit schedules, providing more breathing room for unexpected events.

We support all types of typical spare engine leases and will be able to assist you in every scenario with:

• Short Term Leases
• Long Term Leases
• Sale and Lease Backs
• Finance Leases