The client, CALC Group is a full-cycle aircraft solutions provider for the global aviation industry. It provides one-stop and value-added solutions tailored to the assets for global aviation partners.
A commercial aircraft operating lease defines end-of-lease redelivery processes upon expiration, termination, or default, to streamline transferability of the asset back to the lessor or to a new lessee. Depending on situation dynamics, jurisdiction and location, the process can be straight forward or challenging and complex.
In this case, KAMS was asked to support in a challenging aircraft repossession situation involving CALC and Saudi Gulf.
KAMS provided a comprehensive suite of technical services to ensure the aircraft, technical records and related documentation were in order and and confirmed the lessee has fulfilled its obligation in accordance with the redelivery conditions. This included records recovery and build-up, maintenance, CAMO management, ferry approval and crew, induction into MRO for C-check and 6-year inspection with continued maintenance oversight.
We worked with a team of experts to plan and execute a meticulous process to ensure both lessors and lessees were able to effectively address the range of issues associated with redelivering the aircraft.
- Three A320-232 commercial passenger aircraft under CAACI/GACA repossessed from Saudi Gulf Airlines.
- One aircraft re-delivered to Dutch Air Transport (DAT)
- Two aircraft re-delivered to Royal Jordanian (RJ)
Recovered Asset(s) Value $150m | Filed Claim for damages $100m