Savings through transition management
TES saved a Lessor $1.5M through management of an aircraft transition.
The Scenario
The Lessor was in the process of taking redelivery of an aircraft in preparation for onward lease to another operator. TES was contracted to manage the transition of the engines ensuring that all contractual return conditions were satisfied and that the engines were in the condition required to meet the delivery conditions agreed between the Lessor and the next operator.
TES' Service
TES conducted a thorough review of all engine documentation for accuracy and completeness, producing an engine delivery documentation package that the Lessor could provide to the next operator to facilitate the transition. TES also provided on site presence during the transition process, including overview of engine ground runs, borescope inspections, external hardware inspections and component inventory checks.
The Outcome
During the inspections, TES discovered documentary evidence pointing to an internal oil leak. Following further on wing tests, it was confirmed that an internal oil leak had occurred and as a result the engine would not satisfy the lease return conditions. The engine was subsequently routed to shop in order to rectify the leak at the expense of the operator. The resulting shop visit cost was approximately $1.5M, which had the leak remained undetected during the transition process, would have been the responsibility of the Lessor during the next lease term.