Aircraft ready for flight definition
Aircraft ready for flight means aircraft owned or acquired through rental or lease (but not interchange) which are in the possession of the taxpayer and are available for service on the taxpayer routes.
Aircraft ready for flight means aircraft which are:
Aircraft ready for flight means aircraft owned or acquired through rental or lease (but not interchange) which are in the possession of the taxpayer and are available for service on the taxpayer's routes. It includes aircraft temporarily out of service for routine maintenance. It shall not include aircraft removed from service and held for resale.
Examples of Aircraft ready for flight in a sentence
At the time of delivery to the Lessee, the Lessee represents and warrants that it will have obtained all necessary Governmental approvals and consents for rendering the Aircraft ready for flight and shall have obtained a valid Indian Certificate of Airworthiness and other certificates as may be required.