Adding Value through Innovation
Our commitment to providing a solution that closes the gap between lessors and lessees as a direct result of the growth of global passenger travel in emerging markets has been the driving force behind our two industry-first Air Operators’ Certificates (AOCs). Both our Maltese AOC, which will be an EASA regulated certificate and our Cayman AOC, will offer lessors a choice of platforms designed to optimise commercial aircraft leasing and redefine how lessors and lessees work together.
The AOCs will facilitate the deployment of aircraft into emerging markets, addressing the challenge of maintaining asset security and regulated operational oversight during lease placements in areas of the world that present unacceptable levels of risk and commercial downside within traditional lessor-lessee models.
Aircraft lessors will derive immediate value utilising a platform that provides acceptable levels of risk with the operational transparency that both our AOCs offer. Rigorous strategies, policies, procedures and oversight techniques are implemented, ensuring levels of asset protection previously unavailable in the traditional lessor-lessee relationship. These include:
- Continuous supervision and oversight of all aspects of flight operations
- Aircraft retains an airworthy, stand-by condition rather than being placed in long-term storage, leading to a reduction in storage costs and an increase in asset-value retention
- Proven industry-standard operating policies and procedures
- A robust safety management system
- Proficient and experienced crew
- The efficient use of flight data monitoring and continual trend monitoring in order to prevent unsafe practices from developing over time
- A reduction in a lessor’s requirement to place an aircraft in long-term storage
- Provides access to new geographical locations for aircraft placement
- Distressed asset retrieval challenges are lessened should the need arise during a lease
In order to prolong the aircraft’s useful life and limit maintenance issues, our safety strategies also monitor:
- Reduced thrust take-off settings
- Enforcing a cruise fuel efficiency and conservation policy
- Enforcing the lowest possible take-off and landing weight policy
Lessors have full visibility of whether these policies are being adhered to via electronic data collection of all flight operations, maintenance records and access to electronic flight documents.