On-Wing Leasing

Our on-wing lease offers a cost-effective solution to keep a near end-of-life aircraft flying 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.

About the Lease

This flexible model provides you with a leased engine that will remain on-wing for the duration of the term. In some cases, we can purchase your existing engine and lease one back to you, giving you access to capital and lowering your expenses, while extending aircraft life.

On-wing engine leases include all scheduled off-wing maintenance and access to the Global Service Network. They can also be integrated with a P&WC Fleet Management™ Program (FMP™) – making P&WC a one-stop shop for your engine leasing needs.

How you benefit:

• Extended aircraft flying life and/or a means to get parked aircraft flying again by leasing the engine to remain on-wing for only the time you need
• Peace of mind with coverage for off-wing scheduled engine maintenance and access to our Global Service Network during your lease period
• A competitive monthly and hourly fee
• The possibility of P&WC purchasing your existing core engine as part of the lease agreement giving you access to capital and reduced operating costs going forward
• The ease and flexibility to integrate the lease with a Fleet Management Program™ (FMP™) for added coverage