Leasing

Aircraft Lease Agreement

Aircraft lease contract establishing aviation rental terms, pilot qualification requirements, maintenance obligations, insurance coverage, and liability allocation for aircraft operations.

Key Clauses

1

Lease Term and Renewal

Specifies the lease duration, renewal options, and early termination conditions.

2

Rent and Payment

Details rental amounts, payment schedules, security deposits, late fees, and escalation clauses.

3

Use and Maintenance

Defines permitted uses, maintenance responsibilities, and alteration restrictions for the leased property.

4

Insurance Requirements

Mandates insurance coverage types and amounts that the lessee must maintain.

5

Return Conditions

Establishes the condition in which property must be returned and inspection procedures.

Use This Template

When You Need This

  • Corporation leasing private jet for executive business travel
  • Charter company leasing aircraft for passenger transportation services
  • Flight training school leasing aircraft for student pilot instruction
  • Air cargo company leasing freight aircraft for delivery services