By not holding the aircraft title, a lessee will not be able to benefit from depreciation for tax purposes. However, this is also an advantage for a lessee because no matter what the market drives the value of the aircraft into, and major value losses have happened during crisis, only the owner will be impacted and not the lessee.
Yes, TPJC experts can help you negotiate it with the owner.
Yes, we can insert a purchase option in the lease agreement, which generally consists of a deduction of the portion of the lease already paid towards the purchase price, generally from 20% up to 50%. The purchase price could either be determined at the beginning of the lease or when the lessee decides to purchase it before the lease term.
At The Private Jet Company, we have completed a large number of short term leases from one month to several months, all over the world, for our clients who had their aircraft down for maintenance or other reasons.