Like us on Facebook Follow us on Twitter Connect on LinkedIn MANAGING TECHNICAL ASPECTS OF A LEASED ASSET & MAINTENANCE RESERVES TRAINING SEMINAR End of Lease Compensation & Power by the Hour Arrangements CPD Credits available for UK Lawyers These two in-depth seminars will cover: ♦ ♦ ♦ ♦ All aspects of maintenance reserves Technical maintenance issues Trends in technical development in aircraft leases Reserve draw-down & Redelivery ♦ ♦ ♦ ♦ The growing role of aircraft leasing Maintenance Reserves Managing technical aspects of aircraft and engine leases Market Rates Supporting Publications: www.everestevents.co.uk MANAGING TECHNICAL ASPECTS OF A LEASED ASSET TRAINING SEMINAR 12 May 2015 This one day seminar will discuss the growing role of aircraft and engine leasing to worldwide airline’s fleets with an in-depth look at the maintenance issues and trends in technical aspects of aircraft leases. It will provide a practical look at the difficulties and challenges of maintenance issues including how to estimate the right reserve rates for airframes, engines, property defining “Overhaul”, “Shop Visit” The seminar will encourage interactive debate and will include the various perspectives of those key personnel involved in the industry who have an in-depth hands-on knowledge and experience to enable the participant to gain a better rasp of the technical issues of a lease agreement. 08.00 Registraon & tea/coffee 11.20 Mid Lease Inspecons & Compliance Gilles van Hovell tot Westervlier, Managing Partner, Aviaon Independent Consulng BV • Records Reviews/Scanning 12.10 Engine Maintenance Management Shannon Ackert, SVP Commercial Operaons, Jackson Square Aviaon • Technical drivers for off-wing engine maintenance • Commercial consideraons when trying to manage costs • Risk management through effecve planning • Lessor and lessee maintenance philosophies, and how they differ • OEM support programs versus tradional T&M contracts • Reserve Rates for popular engines, eg B737, A320, A330, B777, CFM56-5, -7, V2500, CF6-80, RR Trent 700, GE90 08.45 Introducon & Welcome Moderator: Eoghan O’Driscoll, VP Technical, CIT 08.55 Aircra# leasing company processes & developments Lance Strong, Fleet Managmenet Director, AWAS Focusing on ini al Lease Agreement, establishing terms and what happens during the lease. • Recent developments in lease terms • Monitoring and collecng reserves • Lessor and lessee working together during term of lease • Return condions and technical burden at lessee end • Trends: what do airlines need to look out for • A/D Cost Sharing 11.00 Refreshment break 10.15 Key Technical Aspects for Airframe and Engines in an Aircra# Lease Marian Pisk, CEO Aerotask, fze • Maintenance Programmes, Maintenance Planning Document, Customisaon, Variaon in Ulisaon • Reserve Rates for popular airframes • Managing Reserve Claims – consideraon of Engine QECs, ADs, SBs, Accessories, Transport, Modificaons, Components • Different approach between airframe and engines • Maintenance Reserves vs. Supplemental Rent 13.00 Luncheon 14.00 Cost Escalaons and Forecasng Costs Aidan Reynolds, President, Jackson Square Aviaon Ireland Ltd • Engine maintenance cost forecasng • Engine workscope opmizaon for lower cost of ownership • Serviceable used material vs. new material • DER repairs and PMA parts • Planning for lower redelivery costs Who should attend: Lessors, financiers, powerplant Mangers, technical, sales support, airlines, lawyers, technical and admin personnel. The seminar is suitable for anyone wishing to gain an understanding of maintenance issues in aircraft . 14.45 OEM Warranty Management Harish Shah, MD, Aviaon Warranty Soluons Ltd • Warranty terms • Nature of warranty • Role of lessor • Responsibilies • New Aircra@ warranes 15.30 Refreshment Break 15.50 Lease Lifecycle Compliance A focus on redelivering the aircra back to the lessor at the end of the lease. Eoghan O’Driscoll, VP Technical, CIT A perspecve on Managing Lease condions and reserves • Aligning leases to operaonal reality • Lease compliant team management • Redelivery; a demonstraon of compliance 16.30 Fleet Support of Aircra# Spares Speaker tba • What are the cost drivers • How to migate cost and risk • Determining required service levels 17.15 Seminar concludes Future Events EASA & Connuing Airworthiness Seminar 20 April, Dublin Records Management Seminar, 21 April, Dublin Operang Lease Training Seminar 23-24 March, London MAINTENANCE RESERVES TRAINING SEMINAR 13 May 2015 End of Lease Compensation & Power by the Hour Arrangements 08.00 Registraon tea/coffee 08.45 Welcome Moderator: Nick Brice, Technical Director, Montrose Leasing 08.50 Introducon Nick Brice, Technical Director, Montrose Leasing • What are reserves and why do we need them? • Security for Lessors and banks • Maintaining loan to value rao • Compensaon towards post lease events • Power by the hour • Lessor perspecve – lessee perspecve • Manufacturer PBH programme • AD Cost sharing • Significant Maintenance Events 10.15 Refreshment Break 10.40 Commercial & Legal Consideraons Paul Briggs, Lawyer, Bird & Bird & other speakers • Creditworthiness of Lessee • Economic environment • Security package • Demand for individual aircra@ types • Delivery versus redelivery condions and final adjustments on condion • Alternaves – eg LeFer of Credit • How to document • Key lease language • Reserves or Supplemental rent • Power by the Hour • Reserve clauses • Payments • • • • • • • • • End of Lease Compensaon Power by the Hour Arrangements Release of Maintenance reserves Exclusions, escalaon and ulisaon First shop visit contribuon Assignment of warranes The Impact on Airline Maintenance Cost Maintenance Reserve in the Lease Typical Lease Provision Impact on Maintenance Cost 15.40 Financial Relaonship between the Redelivery Condions and Lease Term Duraon Marian Pisk, CEO, Aerotask, fze • Return Condions ‘buy outs’ • Premature heavy maintenance • Waste of Life 16.00 Reserve Draw down and Redelivery Klaus-Peter Leinauer, VP Commercial & Product Sales (ESP), SR Technics • Qualifying events • Claim auding – applicable tasks, and excluded items • Redelivery compensaon • Reconciliaon of hours and amounts • Managing the process • Cost sharing/lessor contribuon • Triparte Agreements 16.30 Market Rates Aircra#: Lance Strong, Fleet Management Director, AWAS Engines: Jon Sharp/John O’Brien, ELFC A look at various aircra# types and reserves. Examples to be covered will include: B737-300 A32-200 B737 NG A330-200 PW4168 B767-300ER CF6-80 Rate SeBng Exercise (me permiBng) 17.30 Seminar concludes 13.00 Luncheon 14.00 14.40 15.15 How to look at and set reserves on New Aircra# types with no history Maurick Groeneveld, Director Aircra# Management, Doric GmbH • General concepts • Airframe • Engines • APU; Landing Gear Engines Issues Ben Hughes, Markeng & Business Development Director, Rolls-Royce Partners • Determining the Reserve Rate • Engine LLP’s • Engine De-Rate • Shop Visit Cost cycle & Impact on Reserve Rate • Engine Overhaul cycle • New vs Old engine overhaul cycle • Engine Technology cycle impact • PMA Parts/DER impact • Engine maintenance management impact Refreshment break Who should attend: Airlines, Powerplant Managers, Technical personnel, Lessors, Finance personnel. This event will cover in-depth all aspects of maintenance reserves, what you need to know and how to put it into practice. It will discuss typical issues pertaining to the Lessor and what is required to ensure they are protected, how to calculate reserves, what accrual rates should be set, mid lease inspections and more. It will provide an overview with practical exercises. It will be of value to anyone involved in aircraft asset management or leasing an who wish to gain a further understanding of the topic or to practice working out the calculations. www.everestevents.co.uk MANAGING TECHNICAL ASPECTS OF A LEASED ASSET & MAINTENANCE RESERVES 12-13 May 2015 Tryp Ambassador, Madrid Fees per delegate Delegate Information 1 Administrative & Delegate Details Maintenance Reserves: £695.00 per person Managing Technical Aspects: £695.00 per person Both Events: £1290 per person (Save £100.00) Name: _________________________________________________ Cancellaon Policy If you are unable to aFend you may send a substute. Cancellaon must be nofied in wring. Up to 21 April 2015 you will receive a refund less 10% admin charge. A#er then you are liable for the full fee. No. delegates ___________________ Address: ________________________________________________ I wish to register for: (please ck) Posion: ________________________________________________ Company: _______________________________________________ Plus an extra 10% discount if booked before 31 March 2015 Total __________________________ _______________________________________________________ _______________________________________________________ Post Code: ______________________________________________ Promo code: “Early “ if booking online. Country: ________________________________________________ Registraon Fee – includes conference parcipaon, luncheon, & documentaon. All bookings are deemed binding upon receipt of the registraon form. Tel: _________________________Fax:________________________ Payment Methods Delegate Information 2 Payment must be received before event. Bank/Wire Transfer* Cheque (payable to Everest Events Ltd) Credit/Debit Card** Master Card Visa Email: __________________________________________________ Co. Type: ________________________________________________ Name: _________________________________________________ Posion: _______________________________________________ Company: _______________________________________________ Cardholders Name: _______________________________________ Address: ________________________________________________ Card No: ________________________________________________ _______________________________________________________ Expiry Date:_____/______/_____ Security Code: _______________ Billing Address: (if different from address given above) _______________________________________________________ _______________________________________________________ Post Code: ______________________________________________ _______________________________________________________ Country: ________________________________________________ Signed: ________________________________________________________ Tel: _________________________Fax:________________________ Email: __________________________________________________ *Wire Transfers – the sender is responsible for all charges. Ensure you ck relevant boxes on the form when arranging **Credit cards – payment will be taken in Sterling. Indemnity: Everest Events Ltd reserve the right to change the content, ming, speakers or venue without noce. It may be cancelled due to acts of terrorism, war, extreme weather condions, industrial acon or acts of God or any event beyond their control. In this event we will endeavour to reschedule the event. However, Everest Events Ltd cannot be held responsible for any cost, damage or expenses incurred by the customer as a result of any postponement or cancellaon. You are strongly advised to take out insurance to cover the cost of registraon, travel and expenses. Documentaon will be made available to delegates where it has been provided, it is not guaranteed in all cases. Data Protecon: The personal informaon shown and/or provided will be held on a database. It may be used to keep you up-to-date with events and industry developments. They may be made available to external companies for markeng purposes. If you do not wish your details to be used contact the Database Manager. Venue Tryp Ambassador Hotel, Cuesta De Santo Domingo, 5Y7 28013, Madrid, Spain. Tel: (34) 91 5416700 Web: hFp://www.tryphotels.com/en/tryp-ambassador-hotel- madrid-spain.html ABre: Smart/Casual Travel & Accommodaon Delegates are responsible for booking and arranging their own transport and accommodaon. You are advised to book early to ensure availability. To get the reduced rate you should state Everest Events when booking. Co. Type: ________________________________________________ I am unable to aFend but wish to purchase documentaon at £350.00 plus VAT. You will be sent a link to download aer the conference. Please photocopy this form for addi!onal delegates Room rate is: €129.00 for a double room inc breakfast & tax. The cut-off date for the reduced rate is 27 March, 2015. Mailing Informaon: Please let us have your correct details. If you receive mulple mailings or they are incorrectly addressed please let us know. Em: [email protected] Easy Ways to Register: Fax: +44 (0) 1342 324 594 Online: www.everestevents.co.uk Tel: +44 (0) 1342 324353 Everest Events Ltd, 20 Overton Shaw, East Grinstead, West Sussex RH19 2HN, UK Tel: +44 (0) 1342 324353 em: [email protected] Payment must be received before the event. www.everestevents.co.uk
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