End of Lease Planning Review
Nyras conducts end of lease planning reviews to help secure clients the most cost-effective strategy for returning a leased aircraft to the lessor. We analyse aircraft return conditions, develop business cases, produce handback strategies and provide implementation support for clients.
Our team consists of former airline, lessor and MRO specialists, so we can quickly assemble the best combination of strategic, technical, lease management and engineering finance expertise for each assignment. We work at all levels in an organisation, from C-suite to Technical Operations, and always provide a project team with the appropriate level of seniority, management skills and technical expertise for each assignment.
At the end of each assignment we deliver a detailed report of findings and recommendations that typically identify financial benefits of $1m, or greater, per aircraft. We help secure savings from the avoidance of engine lease costs, unexpected shop visits and unnecessary lessor compensation that can remain unrealised due a lack of in-house resource. Our recommendations often provide a basis for lessor negotiations on the optimal handback date, return conditions and financial compensation.