Flightlease definition

Flightlease means Flightlease AG, a company organized under the laws of Switzerland and an SAirGroup Affiliate.
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Examples of Flightlease in a sentence

  • Agreed and Accepted Agreed and Accepted For and on behalf of For and on behalf of GATX Flightlease Aircraft Company Ltd.

  • Other guarantees consists of GFC's indemnification of Airbus Industrie ("Airbus") related to the dissolution of Flightlease Holdings Limited ("FHG") and the allocation by Airbus of $77.8 million of pre-delivery payments to GFC towards the purchase of aircraft in 2001.

  • Flightlease and SRT shall provide WLFC from time to time an anticipated schedule of the time periods during which WLFC Engines of a particular type may be required for lease under this clause (b), and WLFC shall use its reasonable commercial efforts to arrange for the availability of such WLFC Engines in accordance therewith.

  • If FedEx, or any successor to FedEx's interest in the Aircraft, maintains hull insurance on the Aircraft, FedEx shall require its, or its successor's, hull insurers to waive any and all rights of subrogation, set-off, counterclaim and deduction, whether by attachment or otherwise, which they may have against the Flightlease Indemnitees, for any loss, damage or destruction of the Aircraft.

  • Each Engine to be delivered on the various Scheduled Delivery Dates will be chosen by Flightlease in its sole discretion, subject to the limitation set forth in Section 5.01(d) and provided that (i) the three Engines on each Airframe shall all be of the same type specification and type data plate certification, and (ii) no more than twelve of such Engines delivered to FedEx shall be ▇▇▇▇▇ & ▇▇▇▇▇▇▇ PW4460 engines.

  • FedEx shall have forty-five (45) days from actual receipt of the offer to accept such offer by giving the offering party (at all times with a copy to Flightlease) written notice of its acceptance to purchase the Spare Parts upon the terms and conditions contained in this Agreement and a mutually acceptable delivery schedule.

  • The Spares List and any update will be provided via electronic storage media mutually acceptable to Flightlease and FedEx. Flightlease will also provide FedEx with a hard copy of the Spares List.

  • Upon the written request and at the sole expense of FedEx, Flightlease shall reasonably cooperate with FedEx in contesting or protesting the validity or application of any such Tax (including, but limited to, permitting FedEx to proceed in Flightlease's name if required or permitted by law, provided, in each case, that such contest does not involve, or can be separated from, the contest of any tax or other issues unrelated to the transactions described in this Agreement).

  • FedEx may use such STC to make the same modification covered by the STC to any other ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Model MD-11 aircraft owned and operated by FedEx. Flightlease will not charge FedEx for the use of such a STC by FedEx on any of FedEx's ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Model MD-11 aircraft.

  • Flightlease is a corporation validly existing, duly organized and in good standing under the laws of Switzerland.

Related to Flightlease

  • Flight means any flight demonstration, flight test, taxi test, or other flight made in the performance of this contract, of for the purpose of safeguarding the aircraft, or previously approved in writing by the Contracting Officer.

  • Airline means any air transport enterprise offering or operating international air services;

  • Modular building manufacturer means a person or corporation who owns or operates a

  • Aircraft means any machine that can derive support in the atmosphere from the reactions of the air other than the reactions of the air against the earth’s surface;

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).