Which components make up maintenance reserves in the context of aircraft leasing?

In the context of aircraft leasing, maintenance reserves primarily involve financial provisions set aside to cover future maintenance costs and ensure the aircraft remains in good working condition throughout the lease period. The components mentioned in the correct choice accurately reflect the key elements that contribute to maintenance reserves.

Airline maintenance reserves are funds accumulated by the airline specifically for the purpose of performing required maintenance on the leased aircraft. This ensures that when maintenance is needed, there are resources available to cover the associated costs. The "Modules at lessor" refer to the specific components or systems of the aircraft that may require maintenance and are typically tracked to ensure compliance with scheduling and regulatory standards. Additionally, “LLP at lessor” stands for Life-Limited Parts, referring to components whose lifespan is predetermined. Ensuring that adequate reserves are maintained for these critical parts is essential to uphold the safety and airworthiness of the aircraft.

These components collectively ensure that the financial responsibility for maintenance is appropriately shared between the lessee and the lessor, which is vital for the continued operation of the aircraft and upholding its value during the lease term.