Lease a Latest-Configuration P&WC Engine

Prioritize your capital and reduce operating costs with exclusive access to a leased P&WC spare engine for 12 months or longer. Long-term leases are available for P&WC-powered regional aircraft, business jets, helicopters, PT6A turboprops and APUs.

How it works:

P&WC leases you a latest-configuration spare engine for 12 months or longer. You pay a competitive hourly flying rate and a fixed monthly rate – with no hourly minimum charges if you don’t fly.

Our Long-Term Leases provide:

• Coverage for off-wing engine scheduled maintenance and access to the Global Service Network
• Option to integrate with a P&WC maintenance program such as our Fleet Management™ Program (FMP™) for added coverage
• No “core-in-shop” requirements or fees

Our On-Wing Lease offers a cost-effective solution to continue flying near end-of-life aircraft or get a parked aircraft back in the air by providing you with a leased engine that matches your engine costs with your aircraft operating horizon.

How it works:

P&WC provides you with a leased engine that will remain on wing that matches your aircraft operating horizon and flying hours needed. In some cases, P&WC can also purchase your existing engine from you at market pricing and lease you back an engine that will remain on-wing, giving you access to capital and reduced operating costs going forward. 

Our On-Wing Leases provide:

• Extended aircraft flying life and/or a cost-effective means to get parked aircraft back flying by leasing you an engine only for the time you need
• Coverage for off-wing scheduled engine maintenance and access to our Global Service Network during your lease period
• A competitive monthly and hourly fee
• Possibility of P&WC purchasing your existing core engine as part of the lease agreement

A flexible engine ownership model that enables you to purchase a new or used P&WC engine with a down payment and smaller payments over a period of up to 18 months.

Our Lease to Own solution enables you to:

• Continue flying while making smaller equalized payments toward engine ownership
• Better plan your operating expenses
• Reduce your upfront capital expenditures
• Access the largest global pool of P&WC engines

How it works:

• You sign a lease and title transfer agreement and provide an initial deposit
• Pay a set monthly amount based on the published price for a term of up to 18 months
• The engine title is transferred to you at the end of the term