Thursday, July 8, 2010

Essential Facts to Know About Aircraft Lease

Essential Facts to Know About Aircraft Lease

By: jumphigherglobal
Aircraft lease has become a very technique to acquire an aircraft, while this quality has become quite expensive and subject matter to a variety of rules and regulations. One of its major advantages is that it helps to defray cost significantly. Aircraft leasing is usually common in military aviation. Moreover, pilots, individuals and commercial aviations, and government agencies utilize leasing opportunities. Aircraft lease options are available for both short term as well as long term.

Aircraft lease transactions are categorized in two options- operating leasing and finance leasing. Operating lease generally hired for short period of time. Currently, aircraft leasing are mostly done on the basis of operating lease. As per to statistics, about 12500 commercial aircrafts are available in the world and out of this 2500 are working on the operating lease. On other hand, finance lease usually signed up for long term period. Finance lease should meet any of these criteria: lease term should be greater than 75% of the aircraft’s estimated life, option to buy the asset for less than market value, or possession of the asset to be transmitted to the lessee when lease expires. This is always increased by tax advantages and is shown on the balance sheet of the lessee.

It is advisable to purchase aircraft lease from commercial aircraft leasing or sales. An associative term given to organizations engaged in marketing airliners from manufacturers such as Airbus and Boeing. An endless number of other providers including financial institutions, commercial banks and hedge funds, are in the scenario to make available aircraft leasing services as well.

Nowadays, you can find aircraft lease on the Web also as every aircraft company have their own website in order to provide the convenience to it’s clients. All you need is to browse the different websites and go through the details of every website in order to get the best deal.

Of which prominent are Air Charter International. As a provider of the whole services related to aircraft lease, it facilitates Executive aircraft or business aircraft lease services for customers who wish to have the luxury of an aircraft at their disposal without the hassles that convoy ownership. Aircraft lease are available according to the customer’s requirement.
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