Robinson Contract Hire - Features and Benefits
Our Contract Hire agreement enables you to purchase a Robinson R22 or R44 Helicopter, including maintenance.
What is a Contract Hire Agreement?
A Contract Hire is the same as an operating lease in that it frees up cash flow, but with the added value of an after-sales service. Under a Contract Hire agreement, the Helicopter continues to be owned by Hitachi Capital Helicopter Solutions and is hired to you for a set period of time and at a fixed monthly rate.
Key Features and benefits:
• Fixed rentals for the whole package, making budget planning easier.
• Flexible contract periods to meet your requirements.
• Full maintenance of the Helicopter is included in your fixed monthly rentals.
• Removes a depreciating asset from your balance sheet.
• Removes the risks of owning the Helicopter.
• 100% of rentals can be offset against taxable profits.
• A replacement Helicopter can be included.
How Does It Work?
The monthly rental charged is calculated based upon the cost of the Helicopter, the contract period and the anticipated resale value. It is also takes into consideration the service and maintenance costs. As Hitachi Capital retains ownership of the helicopter under a Contract Hire agreement, they absorb the cost of any risk such as unforeseen running costs and uncertain resale values.
How Is It Accounted For?
Rentals paid are fully deductible against corporation tax. Helicopter under Contract Hire are not recorded as assets on the balance sheet, thus improving company gearing ratios.
More Information - Robinson Contract Hire
For further details on the Robinson Contract Hire, please contact the Sloane Sales department:
Tel: 01604 790595
Fax: 01604 790988
Email: sales@sloanehelicopters.com
