Payment Terms

Payment terms refer to the agreed-upon conditions between a buyer and a seller regarding the payment of goods or services. In the aviation industry, payment terms are often negotiated between airlines and aircraft manufacturers, leasing companies, or maintenance providers. These terms may include the amount and timing of payments, as well as any penalties or incentives for early or late payments. Payment terms can also be influenced by factors such as the size of the transaction, the creditworthiness of the parties involved, and the length of the contract.

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Asymmetric Thrust: Asymmetric Thrust is the uneven production of thrust between two or more engines on a multi-engine aircraft. It can be caused by a variety of factors such as engine failure, incorrect fuel distribution, or mechanical issues. Asymmetric thru ... Read More >>
Commercial Sexual Exploitation: Commercial Sexual Exploitation (CSE) refers to the sexual abuse of a person for financial or other material gain. In the aviation context, CSE is a form of human trafficking that involves the use of airlines and airports to transport victim ... Read More >>
Fuel Grades: Fuel Grades refer to the different types of aviation fuels that are available for use in aircraft. The most common types of aviation fuel are Jet A, Jet A-1, and Jet B. Jet A and Jet A-1 are kerosene-based fuels that are used in commercial ... Read More >>

Payment Terms

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