OFF THE GROUND definition
OFF THE GROUND. Handling of Airline Slots in case of Bankruptcy/Insolvency (2020), paragraph 2.4. Article 8a(1)(b) under (iii) of the Slot Regulation merely reads that slots may be transferred “in the case of a total or partial take-over when the slots are directly related to the air carrier taken over.” Moreover, Article 8a(2) provides that slot transfers “shall not take affect prior to the express confirmation by the coordinator” and that the coordinator may refuse such transfers if, for example, the coordinator is not convinced that airport operations would not be prejudiced following the transfer, taking into account all technical, operational and environmental constraints explicated in the airport’s capacity declaration. 1065 Id. When an airline enters administration or insolvency, the authorized licensing authority issues a notice to the airline to terminate its AOC. Normally, the airline will then get a defined period within which it has an opportunity to appeal the decision of the licensing authority as per the notice and appeal periods established under national bankruptcy laws. States may have different procedures and timelines in place for the handling of (airline) bankruptcies, so that airlines may be declared bankrupt at different stages of the process in different States. As a Italy, for instance, has rules in place for slots held by carriers for which freezing is expected pending their financial restructuring. The Italian Aviation Authority establishes that a carrier in financial distress can obtain the ‘freezing’ of slots if it initiates contact with the coordinator within 30 days from the suspension of its Air Operator Certificate [hereinafter: AOC] in order to inform the coordinator about the future use of the slots. The coordinator may then block the slots pending the restoration of the AOC up to a maximum of two consecutive scheduling seasons. Should the carrier fail to contact the coordinator, the coordinator may return the slots to the slot pool.1066
OFF THE GROUND is an expression that means ‘to get started,’” Dad said.
Examples of OFF THE GROUND in a sentence
MUST HAVE MEANS OF KEEPING ALL PRODUCTS OFF THE GROUND A FIRE EXTINGUISHER THAT HAS BEEN APPROVED BY THE FIRE ▇▇▇▇▇▇▇▇ (STANDARD) MUST HAVE MECHANICAL REFRIGERATORS AND/OR FREEZERS FOR MEATS AND CUT FRUIT; OR A COOLER WITH PLENTY OF ICE.