Aircraft leasing
Personalised Aircraft Leasing
Experience the ultimate in aircraft acquisition with St Julians Aviation Leasing (SJAL). As your trusted partner, we offer unmatched support, making your dream aircraft a reality.
We offer customised and attractive leasing to European aircraft owners.
Our established team has over 30 years of experience in aircraft leasing.
type of lease
Financial Lease
We help you finance and purchase the aircraft of your dreams.
Our financial lease product is an ideal option if you seek finance for your selected aircraft. It’s a straightforward product, applicable to aircraft that are used privately or commercially.
The aircraft will be purchased by the St Julian’s Aviation Leasing Ltd (“the Lessor”), and at the start of the lease, the economic ownership of the aircraft will be transferred to the user (“the Lessee”). During the term of the lease the legal ownership is retained by the Lessor. The full ownership of the aircraft will be transferred to the Lessee when the purchase option at the end of the lease has been paid.
We offer financial leases for new and used aircraft with lease terms from 3 to 7 years with equal monthly rentals/instalments.
In most cases, we require a down payment of 30% to 40% (max LTV 70%) and allow a purchase option (last bullet payment) of 10% to 30%.
type of lease
Operating Lease
We help you finance and purchase the aircraft of your dreams.
Our unique operating lease is the most suitable finance product for commercially and privately registered aircraft up to €20 million in cost. In particular, the VAT treatment for privately used aircraft is very beneficial as the VAT is not charged on the purchase value but on the lease rentals. For every lease a new dedicated company will be set up, and this Special Purpose Vehicle (“SPV”) will be solely operated for your leased aircraft. The SPV will be fully owned by St Julian’s Aviation Leasing Ltd. The aircraft will be purchased/owned by the SPV (“the Lessor”), and the aircraft will be rented for the fixed lease period by the client (“the Lessee”).
At the end of the lease, the Lessee will have the right to purchase the aircraft or to purchase the SPV which owns the leased aircraft. We offer operating leases to new and used aircraft with lease terms from 3 to 7 years with equal monthly rentals. In most cases, we will require a first down payment/loan of 30% to 40% (Max LTV 70%) and allow a 10% to 30% remaining financed balance at the end of the lease.
Finance during the construction period is also considered for certain suppliers.
For commercial use (chartered) aircraft, no VAT will be calculated on the lease rentals.
For privately used aircraft, the deferral of VAT payment is optimised by spreading the VAT over 20 years. The most significant VAT savings occur when the aircraft is eventually sold or upgraded. As a lessee, you will have paid VAT only on the depreciation, meaning the aircraft will be sold as NON-VAT PAID.
At the point of resale, there is a value difference between a VAT PAID and a NON-VAT PAID aircraft. The VAT PAID status on an aircraft is only valuable to private European buyers, while a NON-VAT PAID status aircraft appeals to buyers worldwide. With our operating lease product, the aircraft will remain a NON-VAT Paid status aircraft.
1. Request a Quote
We require the value of the aircraft, the term of the lease, and your details as a future client.
2. Term Sheet Issued
When you accept our initial offer, we will send you a formal offer in the form of a lease term sheet for your acceptance. The Term sheet also contains a list of documents required for KYC and Credit assessment. At the submission of the signed term sheet and requested documents a retainer fee will be required.
3. KYC and Credit Due Diligence
Based on the submitted term sheet and requested client and aircraft documentation our compliance and credit committee will review and evaluate. At the acceptance of the lease application, the customer will receive a formal approval letter of the credit granted.
4. Contract Phase
We will send you the full contract documentation for approval and signature. After the document has been received and signed and the upfront fee and/or any applicable down payment have been settled we will countersign the contract.
5. Execution
Once the contract has been signed St Julian’s Aviation Leasing will order your aircraft or will take over your purchase contract. At delivery of the aircraft to St Julian’s Aviation Leasing, the balance payment will be settled and the aircraft will be formally registered with the Malta Aircraft Register. The aircraft will subsequently be delivered to you for full enjoyment.
Ancillary services
Complement your experience
Sourcing maintenance providers
Selecting the most suitable insurance company
