Aircraft Leasing from Thoroughbred Aviation
Thoroughbred Helicopter Sales & Leasing makes aircraft leasing simple and transparent. Once you’ve reviewed and signed the lease you’ll provide a deposit, arrange insurance and collect the aircraft from its current location. Monthly reports and payments keep things running smoothly and you’ll maintain the aircraft in airworthy condition throughout the lease. When the lease ends the aircraft is returned, inspected and any applicable costs are deducted from your deposit before the balance is refunded.
| Categories: Location: Seller: |
Description
We keep our lease terms simple and straightforward. Here’s what you can expect when leasing from Thoroughbred Helicopter Sales & Leasing:
You’ll receive a copy of our lease. After reviewing it, you’ll sign and return it to us.
You’ll send us your lease deposit, which varies based on the aircraft model leased.
You will then be required to obtain Hull and Liability insurance in the amount listed for the aircraft you are leasing. Thoroughbred Helicopter Sales & Leasing is to be listed as name-insured; please note that off-shore insurance companies are not allowed. After obtaining your insurance, you’ll need to send Thoroughbred Helicopter Sales & Leasing a copy of the insurance documentation.
It will then be time to schedule your pickup of the aircraft from its current location.
An aircraft usage report will need to be sent to Thoroughbred Helicopter Sales & Leasing at the beginning of each month. The monthly lease payment is due by the 10th of each month.
You are required under the lease to maintain the aircraft in an airworthy condition, including 50-hour and 100-hour inspections.
At the end of the lease, you must return the aircraft to the location where you picked it up.
At that time, our mechanics will perform a 100-hour inspection, the cost of which, along with any necessary repairs, will be deducted from your lease deposit.
The remaining deposit will be returned to you.