Aircraft Maintenance Risk Strategy

During the past several years, estimates show that aircraft operating costs have risen significantly (estimated to be 150%), placing many flight departments under economic pressure to reduce costs. Unfortunately, aircraft maintenance is one way that companies cut costs by deferring necessary maintenance. This would include non-compliance with scheduled heavy checks, structural and corrosion directives, major component overhaul, and interior deterioration. The cost for any of these items cold easily exceed $250,000 just to restore the aircraft to an airworthy condition.

    
 

Aero Alliance maintains a team of aviation experts around the country, available to consult and provide necessary aircraft maintenance and compliance activities. Services include:

• Reviewing aircraft records for missing supporting data to quantify current and missing historic maintenance, so it's in proper compliance by trained and qualified personnel.
• Verify that approved maintenance schedules are being performed in the required time period to remain compliant with regulations. This is where many of the problems start by operators altering the maintenance schedules.
• Evaluate a sampling of critical maintenance items to ensure that maintenance was completed in accordance with the required technical entries during the physical inspections.
• Verify the aircraft had major alterations and major repairs (including avionics, interior modification, and hidden damage repair) utilizing FAA accepted data.
• Major and minor aircraft maintenance repairs, including complete aircraft interior refurbishment.

Unfortunately, many financial institutions learn about these maintenance deficiencies after repossessing the aircraft or during the pre-buy inspection. The audit service performed by our aviation team can assist the lender by identifying maintenance deficiencies while the aircraft is in possession of the operator, who will be motivated to bring the aircraft into compliance to avert defaulting on the loan and possible regulatory action by the FAA. In the event the aircraft is repossessed, the financial institution may be required to resolve any outstanding maintenance issues prior to its sale, so our team can be valuable to you with this service.

Our team's experience, competence, competitiveness and ability to assist you with your aircraft risk mitigation strategy will allow you to adopt a more strategic approach in managing your aircraft portfolio with ARP.