The lease specification for the
Ross amphibian is based on the concept of 'pay by the
- The example
illustrated is based on a 5000 hrs airframe lease
agreed at a utilisation rate of 1000 hrs per
- The Lycoming TBO's
are used as the basis for the powerplant lease.
- The engine
replacement fund is a sinking fund designed to
provide the downpayment for the first and second
engine changes over the life of the airframe
lease, and forms the third element of the hourly
- Please note that
changes to annual utilisation, finance charges,
downpayment and guaranteed residual rates will
materially alter the hourly charge.