Tecnam Offers Aircraft Leasing in Europe

Aug. 6, 2019
A new collaboration with XtraPower to make general aviation more accessible for pilots and operators of Tecnam aircraft across the EU.

Tecnam Aircraft today announced a new collaboration with XtraPower to make general aviation more accessible for pilots and operators of Tecnam aircraft across the EU.

The Tecnam EU Leasing Program is a dry leasing program where an aircraft lessee (aircraft user) commits to Xtrapower (lessor) for a period of time, usually 2, 3 and 5 years.

The pilot or operator is charged a monthly rental rate, which grants them 365 days per year of exclusive access to the leased aircraft.

The lessee is responsible for all variable and fixed operating costs of the aircraft for the entire period of the lease, including fuel, maintenance and any other measures required to keep the aircraft in top condition. Expenses also payable by the lessee are items such as pilots, insurance, supporting equipment, paint schemes, transportation, etc.

At the end of the lease period, the lessee returns the aircraft to Xtrapower with no further liability, regardless of the change in aircraft value.

Walter Da Costa, Tecnam global sales and marketing director said, “We are excited to offer our customers a real value program ready-made for our Tecnam aircraft. Our owners and operators can benefit from cost predictability and substantial peace of mind. We have so many potential customers that have been waiting for this opportunity. It will open whole new market scenarios, confirming our leadership in General Aviation and the Flight Training market.”