Aircraft Maintenance Handbook For Financiers
Aircraft Maintenance Handbook for Financiers
By : Shannon Ackert
1st Edition, 2018
Copyright ? 2018 Aircraft Monitor. All rights reserved.
Table of Contents
Forward ¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡.¡¡¡¡¡¡¡
3
Sections
4
1.
Maintenance Principles ¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡.¡¡.¡¡¡¡¡
2.
Turbofan Design Concepts ¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡.¡¡¡¡¡¡.. 33
3.
Turbofan Maintenance Concepts ¡¡¡¡¡¡¡¡¡¡¡¡¡¡..¡¡¡¡¡¡¡.¡¡¡¡¡... 45
4.
Maintenance Reserves ¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡.¡¡¡¡¡.¡. 77
5.
Factors Influencing Maintenance Reserves ¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡.¡¡.¡¡¡¡¡ 102
6.
Flight©\Hour Agreements (FHAs) ¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡.¡.¡¡¡¡¡¡. 125
7.
Parts Manufacturer Approval (PMA) .¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡.¡¡¡¡¡¡¡¡.. 131
8.
Designated Engineering Representative (DER) Repairs ¡¡¡¡¡¡.¡¡¡¡¡¡¡¡¡.. 139
Appendix A ©\ Typical Aircraft Maintenance Reserves ¡¡.¡.¡¡¡¡¡¡¡¡.¡¡..¡¡¡.¡.. 143
References ...............¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡.¡¡¡¡¡..¡¡¡¡¡¡¡¡.. 150
2
Forward
Aircraft Maintenance Handbook for Financiers provides an introductory level description of the
principles, general practices and economic characteristics associated with aircraft maintenance. The
handbook is aimed largely for financiers and students ¨C and, indeed, anyone interested in the
underlying concepts of aircraft maintenance.
The handbook begins with an introduction into aircraft maintenance principles; highlighting the
building blocks of today¡¯s maintenance program and analyzing those concepts that influence
maintenance status and valuation. Information is assembled detailing the fundamentals of turbofan
design and maintenance concepts; a prerequisite knowledge for all involved in aircraft financing.
An in depth analysis of aircraft maintenance reserves is covered, including identifying those factors
that influence maintenance costs and time on©\wing performance. For each maintenance event,
practical exercises in calculating maintenance reserves is also included.
Principles of Flight©\Hour Agreements (FHAs), Part Manufacturer Approval (PMA), and Designated
Engineering Representative (DER) repairs are introduced to guide the readers on how these issues
impact commercial considerations.
Feedback regarding any viewpoints or discrepancies is highly encouraged. To provide feedback,
please e©\mail the author at: sackert@
3
Section 1
Maintenance Principles
I. Maintenance Processes
II. Maintenance Programs
III. Maintenance Categories
IV. Maintenance Checks
V. Maintenance Packaging
VI. Maintenance Cost Elements
VII.Maintenance Utility & Status
4
1.0 Maintenance Principles
? The industry definition of maintenance generally includes those tasks required to restore or
maintain an aircraft¡¯s systems, components, and structures to an airworthy condition.
Maintenance is required for three principal reasons:
A. Operational: To keep the aircraft in a serviceable and reliable condition so as to generate
revenue.
B. Value Retention: To maintain the current and future value of the aircraft by minimizing the
physical deterioration of the aircraft throughout its life.
C. Regulatory Requirements: The condition and the maintenance of commercial aircraft are
regulated by the aviation authorities of the jurisdiction in which the aircraft is registered.
Such requirements establish standards for repair, periodic overhauls, and alteration by
requiring that the owner or operator establish an airworthiness maintenance and inspection
program to be carried out by certified individuals qualified to issue an airworthiness
certificate.
5
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