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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- Inertial Loads: Inertial loads refer to the forces that act on an aircraft due to its acceleration or deceleration. These loads are caused by the aircraft's mass and the rate at which it changes its velocity. Inertial loads are a critical consideration in ... Read More >>
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