Aircraft Records Technician/Technical Services Course

(Autumn Semester 2021)

Assignment – Module 2: Aircraft Lease Contracts

Instructions to Student
In completing this assignment students should combine material presented in
class together with recommended reading material or other industry data.
Where literature or other industry data is consulted, they should be referenced
using the Harvard Reference System at the end of the assignment.
Assignment 1. 750-1000 words
Length 2. Note the markings for each question
Assignment The assignment should be word processed in 12 pt.
Format size, with 1.5 line spacing.
General 1. The completed assignment should be uploaded in
PDF format to Moodle no later than 7 days after
the related module presentation. Ensure that
your Name and Student K Number is on your
assignment.
2. Late submission penalties will apply.
3. Students are advised to retain a copy of their
assignment.
Assignment:
Please ensure you cover and answer all of the following questions:

Q1. Describe and explain what a Letter of Intent. Include five key terms which
are usually included in it. (30 marks)

Q2. Describe and explain five main lease terms which are included in a
contract. (30 marks)

Q3. Explain what supplemental rent is. (20 marks)

Q4. Explain the difference between an operating lease and a finance lease.
(20 marks)