If you’re in the aviation industry, specifically in the business of leasing aircraft, then you need to be familiar with writing a letter of intent for aircraft lease. This letter serves as a preliminary agreement between the lessor and the lessee before a formal lease contract is signed. In this article, we’ll provide you with 7 sample letters of intent for aircraft lease along with related tips to help you draft your own letter.
Example 1: Letter of Intent for Short-Term Aircraft Lease
Greetings,
We are writing to express our intent to lease an aircraft from your company for a period of 6 months starting on August 1, 2022. The aircraft should be a twin-engine turboprop with a seating capacity of at least 8 passengers.
We require this aircraft for our corporate executives’ travel needs, and we expect it to be in excellent operational condition at the time of delivery. We would appreciate it if you could provide us with a detailed breakdown of the lease costs, including fuel and maintenance charges, as well as the terms of the lease.
Thank you for considering our request, and we look forward to hearing from you soon.
Best regards,
John Doe
Example 2: Letter of Intent for Long-Term Aircraft Lease
Dear [Lessor’s Name],
We are interested in leasing an aircraft from your company for a period of 5 years, starting from January 1, 2023. The aircraft should be a mid-size jet with a seating capacity of at least 12 passengers.
We plan to use this aircraft for our executive travel needs, and we require it to be equipped with state-of-the-art amenities such as Wi-Fi and satellite communication systems. We would appreciate it if you could provide us with a detailed proposal that outlines the lease costs, including insurance and maintenance charges, as well as the terms of the lease.
Thank you for your time and consideration. We look forward to hearing from you soon.
Regards,
Jane Smith
Example 3: Letter of Intent for Aircraft Lease Renewal
Dear [Lessor’s Name],
We have been leasing an aircraft from your company for the past 3 years, and we would like to express our intent to renew the lease for another year starting from January 1, 2023.
We have been satisfied with the quality of service provided by your company, and we would appreciate it if you could provide us with a detailed proposal that outlines the lease costs for the renewed term, including any changes to the terms and conditions.
We look forward to continuing our business relationship with your company and appreciate your prompt response.
Best regards,
James Johnson
Example 4: Letter of Intent for Aircraft Lease with Purchase Option
Dear [Lessor’s Name],
We are interested in leasing an aircraft from your company for a period of 3 years, starting from January 1, 2023, with the option to purchase the aircraft at the end of the lease term.
The aircraft should be a light jet with a seating capacity of at least 6 passengers. We require it for our executive travel needs, and we would appreciate it if you could provide us with a detailed proposal that outlines the lease costs, including insurance and maintenance charges, as well as the purchase price at the end of the lease term.
Thank you for your time and consideration. We look forward to hearing from you soon.
Regards,
Alexandra Lee
Example 5: Letter of Intent for Emergency Aircraft Lease
Dear [Lessor’s Name],
We are in urgent need of an aircraft to transport our employees to a remote location for an emergency rescue mission. The aircraft should be a heavy transport with a seating capacity of at least 50 passengers.
We require this aircraft for a period of 2 weeks, starting from August 1, 2022. We would appreciate it if you could provide us with a detailed proposal that outlines the lease costs, including fuel and maintenance charges, as well as the terms of the lease.
Thank you for your prompt response. We look forward to your favorable consideration.
Best regards,
Mark Anderson
Example 6: Letter of Intent for Wet Lease
Dear [Lessor’s Name],
We are interested in leasing an aircraft from your company for a wet lease, which means that you will also provide us with the flight crew along with the aircraft. We require this aircraft for a period of 6 months, starting from January 1, 2023.
The aircraft should be a narrow-body jet with a seating capacity of at least 120 passengers. We will be using this aircraft for our commercial passenger flights, and we would appreciate it if you could provide us with a detailed breakdown of the lease costs, including fuel and crew charges, as well as the terms of the lease.
Thank you for your time and consideration. We look forward to hearing from you soon.
Best regards,
Emily Thompson
Example 7: Letter of Intent for Aircraft Sublease
Greetings,
We are writing to express our intent to sublease an aircraft from your company for a period of 12 months starting on August 1, 2022. The aircraft should be a regional jet with a seating capacity of at least 50 passengers.
We require this aircraft for our seasonal operations, and we expect it to be in excellent operational condition at the time of delivery. We would appreciate it if you could provide us with a detailed breakdown of the sublease costs, including fuel and maintenance charges, as well as the terms of the sublease.
Thank you for considering our request, and we look forward to hearing from you soon.
Best regards,
John Doe
Tips for Writing a Letter of Intent for Aircraft Lease
A well-written letter of intent for aircraft lease can help you secure the aircraft you need for your business operations. Here are a few tips to keep in mind:
- Clearly state the aircraft type, seating capacity, and any other specifications you require.
- Include the lease term and start date in your letter.
- Specify the intended use of the aircraft.
- Request a detailed breakdown of the lease costs.
- Ask for the terms and conditions of the lease.
- Include your contact information for easy follow-up.
Frequently Asked Questions
Q: What is a letter of intent for aircraft lease?
A: It is a preliminary agreement between the lessor and the lessee to lease an aircraft before a formal lease contract is signed.
Q: What should I include in my letter of intent for aircraft lease?
A: You should include the aircraft type, seating capacity, intended use, lease term, and start date, as well as a request for a detailed breakdown of the lease costs and the terms and conditions of the lease.
Q: Can I negotiate the lease costs and terms?
A: Yes, you can negotiate the lease costs and terms with the lessor. Make sure you clarify any ambiguity in the lease agreement before signing.
Q: How long should my letter of intent be?
A: Your letter of intent should be concise and to the point, ideally no longer than one page.
Q: How soon should I send my letter of intent?
A: You should send your letter of intent as soon as possible to give the lessor enough time to respond and prepare the lease agreement.
Q: What happens after I submit my letter of intent?
A: The lessor will review your letter of intent and respond with a detailed proposal that outlines the lease costs and terms and conditions. You can negotiate any terms before signing the lease agreement.
Q: Can I use a letter of intent for aircraft lease for any type of aircraft?
A: Yes, you can use a letter of intent for aircraft lease for any type of aircraft, including fixed-wing airplanes, helicopters, and drones.
Conclusion
Writing a letter of intent for aircraft lease is a crucial step in securing the aircraft you need for your business operations. By following our tips and using our sample letters as a guide, you can draft a letter that is clear, concise, and effective in communicating your intention to lease an aircraft.