Contract law

May 7, 2008 - 11:06am

The acquisition costs of the three diagnostic systems assessed above vary markedly, but what is the annual cost of ownership to operators? To calculate this, AIN assumed a three-year amortization of the purchase price for the VitalLink and Tempus systems (EMS-Link is leased).

February 26, 2008 - 7:02am

Pilots often wonder what happens if they sign a contract to repay training costs when accepting a flying job that involves expensive simulator training but quit before the contract has expired. Conventional wisdom is that such contracts are not enforceable and the hiring company eventually drops the issue. That was not the case for Allen Miller, who accepted a job with Bombardier Aerospace’s Flexjet fractional operation in July 2000.

February 5, 2008 - 4:23am

The pilots of Dallas-based CareFlite have approved a new contract including a pay hike, ending more than a year of work (and grueling negotiations) without a contract. The new three-year contract includes expanded pay and benefits for the pilots, including guaranteed overtime, annual pay increases of up to 6.2 percent and an average starting salary between $47,561 and $66,000.

February 5, 2008 - 4:23am

The pilots of Dallas-based CareFlite have approved a new contract including a pay hike, ending more than a year of work (and grueling negotiations) without a contract. The new three-year contract includes expanded pay and benefits for the pilots, including guaranteed overtime, annual pay increases of up to 6.2 percent and an average starting salary between $47,561 and $66,000.

January 28, 2008 - 9:11am

The General Aviation Coalition (GAC) and its 17 member organizations have challenged the TSA’s recent direct final rule that would allow the revocation of an FAA airman certificate based on a threat assessment, declaring that it “clearly exacerbates the frustration experienced by this community seeing our civil liberties as citizen aviators slowly chipped away.”

January 28, 2008 - 9:11am

The General Aviation Coalition (GAC) and its 17 member organizations have challenged the TSA’s recent direct final rule that would allow the revocation of an FAA airman certificate based on a threat assessment, declaring that it “clearly exacerbates the frustration experienced by this community seeing our civil liberties as citizen aviators slowly chipped away.”

December 14, 2007 - 11:33am

The “Acquisition Guide” is a free publication designed to arm the airplane buyer with enough knowledge to ask informed questions. The guide covers legal issues, taxes, financial aspects, maintenance implications, inspections and other topics, as well

October 16, 2007 - 7:23am

Buyers of new Gulfstream 200s now will receive a five-year or 2,500-hour maintenance and training program, similar to what Gulfstream has been offering buyers of new G400s and G550s since last September. Under the extended plan, all covered maintenance, inspections and parts are provided by a Gulfstream or General Dynamics service center, and includes the cost of labor.

October 9, 2007 - 12:23pm

Warranty claims by Boeing aircraft operators are now available online through the MyBoeingFleet.com Web site, cutting as much as two days off the typical six days for processing warranty claims, according to the company. “It reduces errors and eliminates the need at our end to collect, distribute and manually re-key the data into our system,” Boeing added.

October 3, 2007 - 9:57am

Webster Bank’s Center Capital of Waterbury, Conn., has formed a general aviation finance division headquartered in Dallas. The new division’s target market initially is new and pre-owned helicopters and airplanes, as well as maintenance projects, valued at under $2 million. Charles McGuire, v-p and general manager of the division, told AIN that there are no restrictions with reference to aircraft age or noise stage.

 
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