Asset Management
Engines are a vital part of overall aircraft value: they represent 30% of the value of a new aircraft, and 80% after 15 years. Conserving this residual or resale value is a primary goal of the air transport industry, especially low-cost carriers and leasing firms.
VISTA Asset Management department have access to the comprehensive toolbox of processes and experienced staff which are essential to providing lessors with effective asset management services. This ensures our clients receive balanced information, evaluation data and advice.
We can monitor the technical condition of a range of engines during the term of their lease, and periodically review the agreed schedule of inspections and maintenance reserves to adjust for variations in the technical or financial performance of the lessee.
VISTA can provide teams of Engine specialists in both documentary and physical survey fields to inspect engine during the lease term at the operatorβs facility or convenient airport locations and audit the engine’s maintenance records as required.
We can provide oversight that will identify any shortcomings in the management of the asset, and provide advice as to the most suitable way to address those discrepancies. By co-operating with lessees VISTA can ensure that all the requirements of the lease contracts are being strictly complied with, providing better value in managing the aircraft lease.
Finally, VISTA can provide expertise in maintenance reserve analysis ensuring that any reserves paid by the lessee are appropriately distributed in order to, preserve the full residual value of the asset.