2.12.23.1 Aircraft - Common

This topic provides information on Aircraft - Common.

Note:

The fields, which are marked with an asterisk, are mandatory.
  1. On Aircraft screen, under Collateral Category field, select the category as CARGO AIRCRAFT, PASSENGER AIRCRAFT, OTHER AIRCRAFT, SMALL AIRCRAFT, or HELICOPTER and click the Vehicle Details tab.
    The Aircraft Details screen is displayed.

    Figure 2-92 Aircraft Details


    Description of Figure 2-92 follows
    Description of "Figure 2-92 Aircraft Details"

    For more information on fields, refer to the field description table.

    Table 2-105 Aircraft Details - Field Descriptiomn

    Field Description
    Manufacturer Name Specify the name of aircraft manufacturer. Manufacturer Name can be alphanumeric with maximum of 100 characters.
    Manufacturer Model Specify the model of the aircraft. Manufacturer Model can be alphanumeric with maximum of 50 characters.
    Manufacturers Number Specify the number allotted to the aircraft by the manufacturer. Manufacturers Number can be alphanumeric with maximum of 100 characters.
    Model Year Specify the year in which the aircraft was manufactured. Model year must be 4 digit number.
    Manufactured Date Specify the date on which the aircraft was manufactured.
    Purchased Date Specify the date on which the aircraft was purchased.
    Aircraft Intended Use Select the usage for which the aircraft is intended from the drop down list. The options available are:
    • Commercial
    • Personal
    • Recreational
    Aircraft Operated By Specify the aircraft operator detail in this field.
    Registration Mark Specify the Registration Mark of the aircraft. Registration Mark can contain only alphabets of maximum 100 characters.
    Nationality Code Specify the Nationality Code of the country to which the aircraft belongs. Nationality Code can be alphanumeric with maximum length of 50 characters.
    License Details A brief description of the aircraft license can be captured in this field.
    License No Specify the aircraft license number.
    License Issued Date Specify the date on which the aircraft license was issued.
    Leased Specify if the aircraft is leased by selecting Yes or No from the drop down list.
    Leased Term Specify the aircraft lease term in years.
    Lease Rate Specify the monthly rent agreed for the aircraft with its currency.
    Date of Agreement Specify the date on which the bank and the customer signed the collateral agreement.
    Remarks Specify remarks about the aircraft, if any.
    Aircraft Location Specify the place in which the aircraft is located.
    Aircraft Condition Select the aircraft condition from the drop-down list. The options available are:
    • Exceptional
    • Good
    • Average
    • Damaged
    No of Aisle Select the No of Aisle from the drop-down list. The options available are:
    • Single
    • Double
    Number of Seats Specify the Number of Seats available in the aircraft.
    Aircraft Range (Kms) Specify the maximum distance the aircraft can fly.
    Maximum Takeoff Weight (Kgs) Specify the maximum weight of the aircraft during takeoff in kilograms.
    Powered By Specify how the aircraft is powered by selecting an option from the drop down list. The options available are:
    • Fuel
    • Wind
    Fuel Type If the aircraft is powered by fuel, then select the Fuel Type from the drop down list. The options available are:
    • Aviation Gasoline
    • Jet Fuels
    Engine Type Select the Engine Type from the drop-down list. The options available are:
    • Electric
    • Jet
    • Piston
    • Piston
    • Rocket
    • Turboprop
    • Turboshaft
    • Turbojet
    • Ramjet
    • Rotor
    Engine Model Specify the aircraft engine model.
    No of Engines Specify the number of engines powering the aircraft.
    Engine Manufacturer Specify the name of engine manufacturer. Engine Manufacturer can be alphanumeric with maximum length of 50 characters.
    Engine No. Specify the aircraft engine number. Engine Number can be alphanumeric with maximum length of 20 characters.
    Engine Manufacture Date Specify the date on which the aircraft engine was manufactured.

    Table 2-106 Aircraft Details - Field Description

    Fields Description
    Dimension Unit Select the aircraft Dimension Unit from the drop down list. The options available are:
    • Feet
    • Meter
    Aircraft Length - Fuselage Specify the length of aircraft fuselage in selected Dimension Unit.
    Aircraft Wingspan Specify the wingspan of aircraft in selected Dimension Unit.
    Aircraft Height - Tail Width Specify the height of aircraft in selected Dimension Unit.
    Cabin Width Specify the width of aircraft cabin in selected Dimension Unit.

    Table 2-107 Aircraft Valuation Details - Field Description

    Field Description
    Basis Aircraft Value Select the basis on which the aircraft is valuated. The options available are:
    • MARKET VALUE
    • INVOICE VALUE
    Market Value Specify the Market Value of the aircraft.
    Invoice Value Specify the Invoice Value of the aircraft.
    Resale Value Specify the Resale Value of the aircraft.
    Valuation Date Specify the valuation date from the customer submitted valuation report. This is applicable for used aircraft only. Valuation date cannot be future dated.
    Valuation Amount Specify the valuation amount from the customer submitted valuation report. This is applicable for used aircraft only.
    Revaluation Base Value When the revaluation type of the collateral is modified from auto to manual and vice-versa, last updated value based on revaluation is considered as collateral value which is updated as revaluation base value.
    Remarks Specify the valuation remarks, if any.

    Table 2-108 Currency Details - Field Description

    Fields Description
    Currency Click the Search icon and select the currency from the option list.
    Amount In Collateral Currency Wherever property value currency is different from collateral currency, property value in the collateral is converted to collateral currency as per rate configured and collateral value is updated.

    Table 2-109 External pricing details - Field Description

    Field Description
    Security code When the collateral is enabled for external revaluation, click the Search icon and select can select the security code from the adjoining list.
    Security description Displays the description of the security code selected.
    Market Price code click the Search icon and select can select one or more price codes configured for this security code.
    Unit value Unit value is defaulted for the price code selected.
    Number of units Specify the number of units of security being considered for collateral creation.
    Current value Based on unit value and number of units, current value is calculated and displayed.
    Insurance Details Click this button to add aircraft specific insurance details.

    For more inforamtion on insurance details, refer unresolvable-reference.html#GUID-83C05BC0-0D1F-498E-9A52-BE959CDE5D53.

    Valuation Details Click this button to add aircraft valuation details.

    For more information on valuation details, refer unresolvable-reference.html#GUID-FB2AC47B-DF5E-4EED-87E2-DF3F37B9FEFD.

  2. Click Save to save the record.
  3. Click Dedupe Check to identify whether the collateral to be created is duplicate or not. The system validates the existing collateral records using the parameters configured in Collateral Dedupe Maintenance screen.
    The Dedupe Check screen displays.

    Note:

    Dedupe check must be individually performed for all the child collaterals.

    Figure 2-93 Dedupe Check


    Description of Figure 2-93 follows
    Description of "Figure 2-93 Dedupe Check"

  4. Click Launch Screen to verify records and take necessary action.
  5. Click Ignore Dedupe & Proceed to ignore the dedupe check result and continue with collateral creation.

Parent topic: Aircraft