ITC-Leasing Helicpter Operating Lease

ITC-Leasing, Inc., Tokyo, Japan

Established : April 1989

Paid-in Capital : 3,000,000 Yen

Business : Leasing of rotary and fixed-wing aircraft

Office : NAX Bldg 7fl., 1-3-2, shinkawa, Chuo-ku

Tokyo 104-0033 Japan

Tel : +81-3-3555-3621 Fax : +81-3-3555-3627

E-mail:

Aircraft & Helicopter Operating Lease

For the different people, there are many different ways of investments to match their needs. Somebody may like to focus on the better return; however, the others may like to focus on the lower risk. We don't know what your strategy is, but we do know that a smart investor always spend times to do research before making the last decision for investment. Helicopter Operating Lease, as a safe investment tool, has been very popular around the world for a long time. And ITC-group has structured more than 200 operating leases for the helicopter industry since 1973.

Incentive for Operating Lease

Because of irreplaceable functions, nowadays helicopters have become important transportation for fire fighting, police patrol, media, emergent medical service etc. The demand of helicopters is great, but in the market, a new helicopter, from ordering to delivering, usually costs 1 year, and the price of a new helicopter is getting higher and higher, about 7% to 10% up per year. For this reason, pre owned helicopters market also have much demand.

Operating leases allow the lessee to use leased property for only a portion of its economic life. The lessee accounts for such leases as contracts, reporting only the required rental payments as they are made. Because the lessor retains substantially all the risks of ownership of leased property, the leased assets remain on its balance sheet and are depreciated over their estimated economic lives; rental payments are recognized as revenues over time according to the terms of the lease. Operating leases allow lessees to avoid recognition of the asset and report higher profitability ratios and indicators of operating efficiency.

In the Helicopter Industry field, ITC-Aerospace Inc. and ITC-Leasing Inc. have many year practical experiences working with World's famous helicopter makers, such as Bell Helicopter, Sikorsky Helicopter, and Eurocopter etc. We are sure we can provide the most efficient and satisfying service for you.

ITC-Group Operating Lease Mechanism

Conditions of Lease

(1)Lease Condition: New or Pre owned Helicopters

(2)Price/per helicopter: From 80,000,000 Yen to 500,000,000 Yen(average 200,000,000Yen)

(3)Lease terms can be tailored to meet the individual needs, reducing capital outlay and expenditures that can be utilized elsewhere.

(4)Lease Duration: 2-5 years, according to the requirements of the lessee.

(5)End Users: Australia, Canada, United Kingdom etc.

(6)Maintenance: Maintenance, parts support, crew expenses as well as insurance or taxes and fees levied in the Lessee's country of aircraft operation or registry are the responsibility of the Lessee.

(7)Residual: There is no official rule for the residual price of helicopters (Fair Market Price/ HeliValue$, Inc.)

(8)Lessee has the option of either purchasing the aircraft or renewal at the end of the lease.

(9)A major life-limited component overhaul escrow reserve can be arranged at discretion of the lessor and/or lessee. At the request of the lessee and subject to availability, "Power by the Hour" and other similar maintenance programs can be provided as a lease option.