LET US TAKE CARE OF YOUR
AIRCRAFT LEASING & MANAGEMENT

Nutana Aviation Capital

Aircraft Leasing & Management

From micro light aircraft to jumbos, we have it all.

Nutana is your answer for leasing aircraft in India. We are a workforce of 700+ experienced and qualified personnel. We will help you in hiring an efficient crew and get the most cost-efficient insurance in the market. We are also well-equipped to care for your aircraft and its maintenance.

CHOOSE US FOR,

About Operating Lease

With over a decade of experience and an extensive global network of well-known banks and financial institutions, we can frame the best financial solution for each client's requests. Our experts understand that lease structuring necessitates efficient flexibility, a practical approach, and timely execution.

We entirely focus on providing our clients with an unrivaled combination of full-service customized aircraft leasing services. There would be no liability imposed on the foreign party unless the foreign owner, lessor, or financier was directly involved in the operation of the aircraft or the activities of the operator.

Common FAQs on How Aircraft Leasing & Management Works

1How is the title of an aircraft transferred?
A written contract or agreement between the buyer and seller can transfer the title to an aircraft. A bill of sale is recognized as a legal method of transferring title by the Directorate General of Civil Aviation (DGCA).
2What are the formalities for creating an enforceable transfer document for an aircraft?
According to the Indian Contract Act of 1872, a document transferring title in an aircraft must meet all of the essential requirements for a valid contract. It must meet the following criteria to be considered a valid contract: there has been an offer by the transferor; the offer has been accepted by the transferee, and the transfer has been made for some valid consideration.
3Can an ownership or lease interest in, or lease agreement over, aircraft be registered with the aircraft registry?
The aircraft registry records the details of ownership, the lease interest (if different from the owner), and the operator. A person or entity claiming ownership of an aircraft must be able to provide proof of ownership in the form of a valid title document in its favor. Aside from the International Registry, there are no other registries where an ownership interest can be registered. In India, there is no separate registry for aircraft engines.
4What is the regime for certification of registered aviation interests in your jurisdiction?
  • The type of aircraft
  • The manufacturer's serial number or certification number
  • The year of manufacture
  • The nationality and registration marks
  • The full name, nationality, and address of the owner or lessor, or both
  • The full name, nationality, and address of the lessee
  • The usual station of the aircraft
  • The date of registration
  • The period of registration; and
  • The name of the mortgagee or hypothecator
5 What are the documentary formalities for the creation of enforceable security over an aircraft?
A security document, if being presented before an authority in India, should ideally be notarized and translated if not in English. The documentary costs of the same are minimal.
6What taxes may apply to aviation-related lease payments, loan repayments, and transfers of aircraft? How much tax liability is lawfully minimized?
Depending on the lessor's domicile, the relevant double taxation treaty must be consulted before tax specifications can be provided. At the time of writing, the rule is that if the lessor does not have a permanent establishment in India, it is not normally liable to any tax in India. This is subject to change and is based on the assumption that the lessor is an Irish entity utilizing the India-Ireland Double Taxation Avoidance Treaty. If the parties qualify under the applicable double taxation avoidance agreement, withholding tax may not be required for lease payments.
7Can an owner, lessor, or financier be liable for the operation of the aircraft or the activities of the operator?
There would be no liability imposed on the foreign party unless the foreign owner, lessor, or financier was directly involved in the operation of the aircraft or the activities of the operator. However, it is not uncommon for an opportunistic litigant to bring foreign parties into any proceeding brought in India, regardless of how bleak the prospects of liability are.

Let’s discuss your needs


Connect