Aircraft Management Agreement Template
The manager heresafter designates Jim Woolley, telephone (914) 288-3021, as a point of contact for flight planning. The administrator may change his contact for flight planning by informing Kraft of this change in writing in accordance with section 11.3. The best advice I can give is when the A is terribly one-sided, has insolent terms or is inconsistent with the proposal you have received, whether it goes to another management company. There are large management companies out there and if the MA sent to you is not a fair deal that has already agreed on the terms, it should be an immediate red flag on the operation of the management company. While the above examples are provided by the Legal Services Plan, our panel lawyers may have their own standard documents. Dale Egan, a Wisconsin-based AOPA lawyer, wrote a carefree article in March 2019 entitled Legal Documents Don`t Have to Be Painful: Simplifying Aviation-Related Agreements. In his article, Egan is firmly committed to a more modern form of legal documents and provides examples of the models listed above in his «simple linguistic style» that you can download directly from his article. (a) Kraft pays the trustee a monthly administration fee in order to reimburse the trustee a party advising an annual fixed fee related to the performance of the administrator`s obligations and obligations under this contract. The first estimate of fixed costs and monthly administration fees are exposed to Schedule C. Fixed expenses described in Figure C include, among other things, overhead, ancillary benefits and other salary costs for aircrew, maintenance and other administrative officers. All fixed expenses related to revenue (costs shown in Figure C) include a 5% increase. The answer is yes.
We currently have two to download. One is a typical contract for the purchase/sale of aircraft and the other is a waiver of non-responsibility for aircraft. You can find it on the «Exemplary Legal Documents» page on our website pps. Once selected, the management company will present its standard management agreement («MA»). In general, the AD will indicate how the aircraft and registrations must be kept, when the owner must authorize maintenance work, service charges, insurance requirements, and whether the owner chooses to authorize the management company to charter the aircraft. I am fortunate to have the opportunity to work with a number of large management companies that have invested time and money in creating good MAs. Occasionally, however, I am asked to check a Mr.M. for a company I have never worked with, and I am sometimes shocked by what I find. Here is a list of the main points on which you should focus during the review of the MA: b) organize for the airy police station, catering and rental of car, limousine or taxi taxi passenger transport on the ground, as requested by Kraft; CONSIDERANT that Kraft Kraft provides flight management, flight, maintenance and other aviation services (the «services») so that Kraft can conduct operations in accordance with Federal Aviation Rules (FAR) Part 91, under operational control, in accordance with the terms of this agreement, in accordance with Federal Aviation Regulations (FARs); and (e) to provide, at Kraft`s request, safety coverage of an aircraft with a certified commercial carrier or other supplier operating in accordance with the FARs and acceptable by the manager and force when the aircraft is not available for power due to scheduled or unscheduled maintenance.