Flight Cycle definition
Examples of Flight Cycle in a sentence
Fixed Price (F/P) A predetermined price or a fee for Services in accordance with Article 7.2. Flat Rate (F/R) A price or fee for Services on a recurring reference, e.g. ‘Flight Hour’, in accordance with Article 7.1. Flight Cycle One take-off and landing event.
In addition, on each Supplemental Rent Due Date, Lessee shall pay Lessor Supplemental Rent in accordance with a rate per Engine Flight Cycle to be calculated based on the OEM published cost of a complete set of CFM 56-7B LLPs, which rate shall be adjusted annually on January 1 of each year during the Lease Term, for each Engine Flight Cycle accumulated on the Engine for the preceding month.
In addition, subject to the provisions of any applicable Work Order, Amazon will pay to Sun Country the Variable Charge Per Block Hour for each Block Hour (or portion thereof) flown by an Aircraft during such month and the Variable Charge Per Cycle for each Flight Cycle flown by an Aircraft during such month.
If Supplier cannot procure a Spare Engine for a scheduled or unscheduled Shop Visit, Customer shall do so and Customer (y) shall pay directly to the leasing company/lessor in respect of the Spare Engine, the Flight Hour Rates, and the Flight Cycle Rates for LLPs due under the lease with the leasing company/lessor ; and (z) shall pay directly to the leasing company/lessor the Spare Engine Daily Rate due under the lease with the leasing company/lessor.
Otherwise, Customer shall pay the Flight Cycle Rate for LLP usage under this Schedule.