OFFER#

B767 LEASE

TYPE:	Aircraft
DESCRIPTION:	Boeing 767-200/200ER Dry Lease
PRICE:	Upon Request
PACKING:	As is, Where is

boeing 767-200/200ER dry lease

Subject Unsold or market withdrawal

Dry Lease (Aircraft & Maintenance ) agreement - based on leasing the aircraft with a special Maintenance scheme.

This has been a great success in the past few years.

For example, there are a number of B757´s and B767´s on such programs with Yakutia Airline Company, Air Niugini and Santa Barbara Airlines in Venezuela to name a few. This can be very beneficial for smaller carriers as with this type of contract, the Lessee outsources all of the maintenance risk normally intrinsic in a Dry Lease contract, as we oversee all maintenance.

With this program the client has a fixed foreseen maintenance cost, as the lessor covers all maintenance related cost.

For example if there is a loss of an engine, then we take care of that unforeseen cost, but as you may know such costs can be enormous for smaller carriers.

Please also note our program is quite special and not quite comparable, that all the C checks, A checks, all the spare parts, Limited Life Parts, airframe, engines, engine planning and etc are included. So you are not comparing the same things as a regular dry lease . Also these aircraft is younger.

What is included in the package is:-

i) All maintenance reserves
a) Airframe
b) LLP´s
c) APU
d) Landing gear
e) Engine refurbishment

ii) All maintenance checks
a) A-checks
b) C-checks

iii) Maintenance Planning & program
iv) Supply of spare parts
v) Oversight of all record keeping

The YOM is 1991. Here is our preliminary offer based on the limited information at hand.

Aircraft           B767 - 300ER
Registration TBA
Configuration 14C / 253 Y ( can be changed )
Start         Spring 2011
Duration    3 years
Min Hours       300 Blh / month
Base        BKK
Cycle ratio      1:5

So you will have to take these things into account when aiming for the right price.

We would be ready to meet with the client or have a telephone conference to explain this in better detail.

Furthermore, we can also take care of the training of the crews, cockpit and cabin.

1. TECHNICAL SERVICES

1.1 Maintenance Program Control and Development

We will load, store and control Customer's Aircraft Maintenance Program (AMP) in our Computer System. We will make recommendations to Customer for changes to the AMP. Any data necessary to Substantiate the approval of the initial Maintenance Programs or amendments to the Maintenance Programs will be provided for the Customer upon request.

1.2 Engine Management and Health Monitoring

We will provide engine health monitoring and provide reports and recommended maintenance actions To Customer. We have extensive knowledge in operating RB211 Engines. Amongst achievements is the RB211 on wing world record in year 2000.

1.3 Defect Control

We will monitor all defects, monitor and schedule the appropriate corrective action. All defects entered On Customer’s aircraft technical log will be entered into our Computer system and will be accessible To Customer.

1.4 Service Bulletin Evaluation and Recommendation

We will review and make recommendations on embodiment of manufacturer's Service Bulletins and Other associated non-mandatory inspections / modifications based on Customers policy and issue the Required paperwork according to agreed procedures.

1.5 Airworthiness Directive Control

We will accomplish assessment, analysis, planning and follow-up on Airworthiness Directives applicable To Customer's aircraft. We will recommend methods of compliance and provides a current list of Airworthiness Directive compliance according to approved procedures.

1.6 24 Hours Maintenance Control

We will provide Customer with access to its Maintenance Control Center to assist with trouble shooting In AOG situations.

1.7 Technical Records - Control and Archiving

We will file, maintain and keep all maintenance records on behalf of the Customer, who remains the Owner of these documents, according to approved procedures. The records will be kept in a safe and Secure environment, including backup of Computer System data in accordance with approved Procedures. Customer will be provided with unrestricted and timely access to original records.

1.10 Scheduling of Maintenance Tasks (Maintenance Planning)

We will schedule all maintenance in accordance with the AMP according to agreed procedures. Customer will assess and agree to the work specification on a case by case basis for C-Checks or higher Checks. Routine line maintenance checks will be controlled on a day-to-day basis by us with agreed Liaison with the Customer to ensure timely compliance.

1.11 Control of LLP and time limited functions

We enters flight time and cycles into computer system and provides time controls for all time limited Maintenance tasks, including component times, LLP control, and weighing.

2. MAINTENANCE SERVICES

2.1 Heavy Maintenance

Heavy maintenance is included in the aircraft lease rate as per AM lease agreement.

2.2 Engine Maintenance

Engine maintenance is included in the aircraft lease rate as per AM lease agreement.

2.3 Part Support

Part support is included in the aircraft lease rate as per AM lease agreement.

We provides all spare parts for the aircraft on an exchange basis. When a part is deemed Unserviceable, a replacement will be provided with the first available flight from our stock. With 93% service level. The unserviceable part should be returned to Icelandair and should arrive at our warehouse within 10 days from the shipment date of the serviceable replacement. If a part returns Later than 10 days, a loan will be charged at daily rates.

2.4 Line Maintenance

Line maintenance is included in the aircraft lease rate (based upon a previously agreed flight schedule)

As per AM lease agreement.

3. NOT INCLUDED

3.1 Operational Items

All operational items, such as and not limited to Navigational data, are not included.

2.2 Maintenance Data

All maintenance data, such as an not limited to IPC, AMM, SRM, CMM, My Boeing Fleet Subscription, Are not included.

Specification and photos are not contractual and are subject to verification upon inspection

NB: Aircraft offered for sale subject to contract, prior sale, withdrawal from the market and information regarding any aircraft or helicopter and provided verbally or in written documentation and/or contained within this email or associated paper-work should be taken as a guide only in determining the suitability, including that aircraft or helicopters specification and/or performance. We highly recommend that any buyer or lessee perform their own inspections and due diligence to verify any and all technical, performance and specification information contained therein including OEM claims.

PLEASE NOTE: AIRCRAFT SPECIFICATIONS SUBJECT TO VERIFICATION UPON INSPECTION. WE DO NOT ACCEPT ANY LIABILITY FOR AIRCRAFT DEFECTS, HISTORY OR TECHNICAL RECORD ERRORS. IT IS THE BUYERS RESPONSIBILITY TO INDEPENDENTLY VERIFY THE AIRCRAFT AND COMPONENT HISTORY.

PLEASE BE ADVISED THAT INFORMATION INCLUDED IS CONFIDENTIAL IN NATURE AND IS BASED ON PRE-EXISTING BUSINESS RELATIONSHIP WITH THE LEGAL OWNER OF PROPERTY DESCRIBED HEREIN (IF APPLICABLE). AS SUCH, UPON RECEIPT OF SAID INFORMATION THE RECEIVER ACKNOWLEDGES THAT ANY UNAUTHORIZED CONTACT WITH SAID LEGAL SELLER WILL BE CHARACTERIZED AS A BREACH OF CONFIDENTIALITY AND SAID AGREEMENT MAY BE ENFORCED UNDER EXISTING LAW OR IN EQUITY.

This paper was prepared by General Equipment Inc.
The paper represents an offer of a partner of General Equipment Inc.
All rights are reserved by and for General Equipment Inc.
All content and ideas of this paper are the property of General Equipment Inc.

GENERAL EQUIPMENT INC.