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22 | 02 | 2012

Auditing & Consulting

 

The Airplane is „flying on its papers“, meaning that Airplane records are as important as the physical Airplane iself, affecting the legality and diminushing the residual value of the Airplane.

JAT Tehnika Engineering performs two main types of Airplane record audits:

  •   General Audit

The general audit of the current status of the records, verifying that the information is complete, accurate and up to date. This type of audit is usually associated with a periodic or mid-lease term assessment for Airplane owners or leasing companies. It is also done when a prospective buyer needs to have an up to date status of the records an Airplane, before the purchase or lease arrangement (Phase-In).

  •   Lease Return Audit

The lease return audit (Phase-Out) is a detailed review of all the Airplane records, as the basis of an Airplane appraisal or valuation, giving all the information on the utilization of the Airplane and its components, affecting the total sale or lease value.

In addition to the list on the General Audit this audit also includes:

    • Life limited component status
    • Component records and serial number check
    • Heavy checks, inspections or overhauls
    • Technical part of Airplane Procurement / Leasing Agreements negotiation / follow-up experience
    • Auditing the Airplane Documentation:
      • Certification and documentation
      • Airworthiness Directive status, Service Bulletin status
      • Maintenance Program
      • Airplane total time and cycle verification
      • Damage and repair reports
      • Preparing / Auditing Airplane End-of-Lease files

Aircraft Maintenance Consulting services:

  • Airplane Checks Workscope analysis and labor estimation
  • Modifications / Major Modifications consulting
  • Technical Representation