Yes, you’ll carry insurance to cover damage to the helicopter and you will be responsible for any payments due under the terms of the Lease.
The operator is responsible to pay the deductible portion of any insurance claim.
If the damage is covered by Lessee’s insurance, the operator is responsible to pay the deductible portion of the insurance claim. If the damage is not covered, the operator is responsible to repair the aircraft and return it to service.
We’re leasing to large schools with multiple aircraft and to small startups. We enjoy working with flight schools that will maintain the helicopter to a high standard of airworthiness and who consider safety as their first priority.
You return the helicopter and there will be a post-lease inspection. You agree to repair any damage or mechanical discrepancies except for normal wear and tear.
Helicopters are most often available for pickup at our Tennessee location, but other arrangements can be made. You’ll be responsible for flight time from the pickup location to your location.
We pay for the 2,200-hour overhaul as well as the parts necessary to comply with any Airworthiness Directives.
You’ll cover the cost of fuel, maintenance (scheduled and unscheduled), hangar, insurance, and any local taxes or registration fees.
We pay for the parts necessary to comply with ADs and the operator pays for the labor to comply with ADs and parts and labor to comply with SBs.
Robinson and Lycoming offer limited warranties on new aircraft and limited warranties for overhauled aircraft components. Proceeds from these warranties are available to the Lessee to cover applicable repairs and replacements.
Lease Option One does not have a minimum usage requirement. The minimum usage requirements for Lease Option Two are determined on a case-by-case basis.
If we have a helicopter in inventory, it can be ready for pickup in as little as one week after you sign the lease and make the security deposit. If we don’t have one in inventory, we can usually get a new or used aircraft on the open market in 2-4 weeks.
Our lease requires a refundable security deposit of $7,000 for a Beta II and $17,000 for a Raven II. The actual security deposit amount will be determined after submission of Lessee’s lease application and is determined based on Lessee’s credit history and the intended location and use of the Helicopter.