Liabilities Generated by Aircraft Lease Contracts : LEGAL IMPLICATIONS OF AIRCRAFT LEASE CONTRACTS.RIGHTS AND OBLIGATIONS OF LESSOR AND LESSEE AND APPLICABLE LAW

Over the years, the efficiency of air transport has made it one of the most solicited modes of transport. Sadly, an aircraft cannot be easily possessed.In fact, public and private entities are often deprived of the wonders of air transport for financial reasons.The option of leasing provides a plausible solution but leases are unique and legally sensitive.This book demystifies an apparently complex contract by treating the legal regime, types, rights, obligations, applicable law, sanctions and even remedies for breaches of aircraft lease contracts. The effective use of aircraft lease contracts depends on a mastery of the legal implications involved. The increasing popularity of aircraft leases makes this book an indispensible negotiation tool for aircraft operators both private and public.Samples of lease contracts have been used to enhance understanding.This book is a legal solution to a socio-economic problem so should be obtained and read.