Aircraft Leasing and Dry Lease Compliance Checklist
This aircraft leasing and dry lease compliance checklist ensures compliance with FAA 14 CFR Part 91.23 (Lease and Rental of Aircraft), ICAO Annex 6 Part I aircraft lease provisions, FAA Part 119 operational control for leased aircraft, and international lease registry requirements. Designed for airline legal and technical operations teams managing wet and dry lease agreements.
- Industry: Aviation
- Frequency: Per Event
- Estimated Time: 2-4 hours
- Role: Technical Operations Director / Lease Compliance Manager
- Total Items: 30
- Compliance: FAA 14 CFR Part 91.23 Aircraft Lease Requirements, ICAO Annex 6 Part I Aircraft Lease Provisions, FAA Part 119 Operational Control Leased Aircraft, Cape Town Convention Aircraft Protocol, FAA Registry Aircraft Mortgage and Lease Filing
Lease Agreement Review
Legal and regulatory lease requirements.
- Lease agreement filed with FAA Registry?
- Operational control clearly assigned in lease agreement?
- ICAO Article 83 bis transfer agreement filed for foreign-registered aircraft?
- Insurance coverages meet minimum required by lease agreement?
- Redelivery conditions clearly defined in lease agreement?
Airworthiness Responsibility
Maintenance responsibility for leased aircraft.
- CAMP responsibility assigned to lessee for dry lease?
- AD and SB compliance tracking active for leased aircraft?
- Maintenance reserves being paid per lease agreement?
- Lessor approval obtained for all modifications?
- Aircraft technical records maintained per lease requirements?
Regulatory Compliance
Foreign aircraft operations compliance.
- Operations comply with country of registry regulations?
- FAA OpSpec endorsement for foreign-registered aircraft obtained?
- Bilateral aviation safety agreement (BASA) requirements met?
- Aircraft re-registered if required for operational control purposes?
- Crew nationality and license requirements met for aircraft registry?
Lease Monitoring
Ongoing lease compliance monitoring.
- Aircraft utilization tracked against lease hours allowance?
- Required lessor reports filed on schedule?
- Aircraft condition monitoring to protect lease return condition?
- Third-party maintenance audits per lease agreement completed?
- Lease expiry and extension options tracked and managed?
Return Planning
Aircraft return condition planning.
- Return condition requirements reviewed 12 months before lease end?
- Required heavy maintenance for return planned and scheduled?
- Aircraft configuration restoration to lessor spec planned?
- Redelivery inspection by lessor representative arranged?
- Technical records audit planned before redelivery?
Lease Records
Lease compliance documentation.
- Executed lease agreement on file?
- Lessor and regulatory correspondence maintained?
- Current insurance certificates on file?
- All lease amendments documented and filed with FAA Registry?
- Lease Compliance Notes
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Why Use This Aircraft Leasing and Dry Lease Compliance Checklist?
This aircraft leasing and dry lease compliance checklist helps aviation teams maintain compliance and operational excellence. Designed for technical operations director / lease compliance manager professionals, this checklist covers 30 critical inspection points across 6 sections. Recommended frequency: per event.
Ensures compliance with FAA 14 CFR Part 91.23 Aircraft Lease Requirements, ICAO Annex 6 Part I Aircraft Lease Provisions, FAA Part 119 Operational Control Leased Aircraft, Cape Town Convention Aircraft Protocol, FAA Registry Aircraft Mortgage and Lease Filing. Regulatory-aligned for audit readiness and inspection documentation.
Frequently Asked Questions
What does the Aircraft Leasing and Dry Lease Compliance Checklist cover?
This checklist covers 30 inspection items across 6 sections: Lease Agreement Review, Airworthiness Responsibility, Regulatory Compliance, Lease Monitoring, Return Planning, Lease Records. It is designed for aviation operations and compliance.
How often should this checklist be completed?
This checklist should be completed per event. Each completion takes approximately 2-4 hours.
Who should use this Aircraft Leasing and Dry Lease Compliance Checklist?
This checklist is designed for Technical Operations Director / Lease Compliance Manager professionals in the aviation industry. It can be used for self-assessments, team audits, and regulatory compliance documentation.
Can I download this checklist as a PDF?
Yes, this checklist is available as a free PDF download. You can also use it digitally in the POPProbe mobile app for real-time data capture, photo documentation, and automatic reporting.