Properjet – Aircraft Remarketing & Asset management

About us

History

Founded in 2023, PROPERJET proposes a large panels of tailored services focused on aircraft sourcing and remarketing, from origination to delivery, and aircraft asset management.

Based in Toulouse, PROPERJET developed an extensive network and close relation with aircraft manufacturers along with the whole OEMs’ ecosystem (operators, Lessors, MROs and all other stakeholders). We help our customers to source or remarket their aircraft, starting from a global marketing plan, our support throughout the whole transaction process, until the execution of the transaction (either for sale or lease to a new lessee) and beyond through the lease & contract management.

PROPERJET is member of the International Society of Transport Aircraft Trading (‘ISTAT’)

Our Vision

Each transaction is unique and requires a tailored evaluation of the stakeholders, including the lessee’s jurisdiction, to establish a complex but efficient deal structure.

Othman Chaoui – Founder and President, PROPERJET.

Founder

Founder and President, PROPERJET

Othman Chaoui has over two decades of experience in the aviation and finance industries, with extensive expertise in aircraft marketing and transactions both with aircraft manufacturers and leasing companies.

He spent 8 years in Marketing and Sales at ATR and 7 years with an aircraft leasing company, successfully executing transactions involving more than 100 aircraft across various jurisdictions worldwide. At ATR, he played a key role in the Royal Air Maroc campaign, the launch customer of the ATR 600 Series.

At Elix Aviation Capital (now Abelo), Othman led the entire deal transaction process from origination to delivery. During the challenging COVID period, he successfully managed debt restructuring and, when necessary, asset recovery from defaulting lessees. He also served as Managing Director of two Elix French subsidiaries.

Earlier in his career, Othman held several positions with an investment bank and a major listed holding company, focusing on Investor Relations and Business Development in West Africa.

Othman holds a Master’s degree in International Trade Engineering from the University of Paris-Orsay, and an Aerospace MBA from Toulouse Business School. He also holds a private pilot license.

what we offer

PROPERJET offers a wide range of support services in collaboration with trusted partners, each recognized for their expertise in the aviation market..Core competencies

Core competencies

Worldwide Marketing Plan

Aircraft Valuation

aircraft marketing and remarketing

Structuring and negotiating operating leases, financial leases, SLBs and end of life solutions

Negotiation and execution of work-out agreements, asset recovery, and debt restructuring agreements with defaulting lessees

asset and lease management

Customer Profiles

Aircraft leasing companies

Banks & Financial Institutions

AirCraft Operators

A tailored approach for Operators

Aircraft Sourcing

For operators, we provide guidance throughout the entire acquisition process – from aircraft sourcing to delivery. Together with our recognized partners, we offer a comprehensive range of specialized expertise, including legal and technical aspects. For an Operating Lease Agreement, we advise and support operators throughout the entire lease negotiation process, including the Letter of Intent (LOI), Lease Agreement, and up to Aircraft Delivery. As a first step, we work with operators to prepare all relevant documents in advance, enabling lessors to carry out their due diligence process, including the risk assessment and credit review stages to enhance attractiveness and increase opportunities.

Aircraft Remarketing

For operators wishing to sell their aircraft, we also provide comprehensive guidance throughout the entire remarketing process : from developing a global marketing plan to final delivery, supported by a full range of specialized expertise, including legal and technical aspects. As an initial step, we collaborate with operators to develop the necessary marketing materials, provide a Maintenance Adjusted Value assessment, identify potential buyers, and jointly determine the most suitable sales strategy aligned with the customer’s objectives

End-to-end support for Aircraft Leasing Companies and Financial Institutions :

Remarketing

We provide support on aircraft remarketing aligned with the financiers’ target criteria – from developing a strategic global marketing plan and managing the entire process, to executing the transaction (whether a sale or a lease to a new lessee), and beyond, through lease and contract management.

Asset Management

We help lessors and financial institutions protect their assets by managing lease contracts – including the situations where the lessee is “on watch” or in default – through restructuring, by identifying and leveraging all tailored key options available.

we are atr expert

Leveraging its extensive network and strong relationships with the manufacturer and the global ATR community — including operators, lessors, financiers, MROs, and key stakeholders — PROPERJET offers unmatched expertise in ATR products. We empower our clients with a clear, comprehensive understanding of the aircraft’s performance, economics, asset value, and customer support landscape. Our team provides end-to-end assistance in remarketing aircraft: from developing a strategic global marketing plan and managing the entire process, to executing the transaction — whether sale or lease to a new lessee — and beyond, through lease and contract management.