Aircraft Repossession

We start by thoroughly understanding the scope of services required, including aircraft location, records availability, and operator cooperation. We review the lease contract for redelivery conditions, create a Redelivery Conditions Summary, and establish a detailed records checklist with your input. 

Scope understanding

Review contract and checklist

We conduct thorough physical inspections to assess the aircraft’s condition, identify unrecorded damages, verify major components, and ensure title parts are installed. We also manage the secure transfer of records, ensuring that all documentation is complete and properly archived.

Inspect aircraft and components

Transfer and archive records

Our team manages the entire repossession process, from initial contact with the operator to the final handover. We focus on securing the aircraft and its records, ensuring compliance with contractual and regulatory obligations, and maximizing asset value during challenging situations. 

Oversee repossession process

Secure aircraft and ensure compliance

In situations where the operator is facing bankruptcy or other financial difficulties, we prioritize actions to secure the aircraft and its components, negotiate the recovery of missing parts, and arrange for maintenance or storage at secure locations. 

Secure aircraft in financial crises

Negotiate part recovery and storage