During the time that IBA has been in operation, we have noticed changes in aircraft and engine lease documents that we have reviewed. The area of maintenance reserves and related costs has gained in importance because it is one of the most crucial parts of a lease document for both the lessor and the lessee. Negotiating this area correctly at the start of a lease helps the lease to operate smoothly for its duration.

IBA’s service to the lessor and the lessee includes a thorough review of the maintenance costs and reserve terms. The review results in a series of recommendations for adjusting the lease document.

Customers also involve IBA at the end of leases to review and negotiate payments due or refunds. As sometimes this process does not run smoothly, IBA also offers a full arbitration service.