Examples of flight time in a sentence
The fair market value of Personal Flight Time will be reflected as income on your W-2 in accordance with applicable IRS regulations based on the Standard Industry Fare Level formula (SIFL) pursuant to 26 C.F.R. §1.61-21(g) or a comparable successor provision.
You may schedule Personal Flight Time with LMC's flight department subject to availability of the Aircraft.
Effective as of January 1, 2013, Personal Flight Time where there are no passengers on Aircraft wholly owned by LMC (“LMC Aircraft”) will not count against the 120-hour limit if the LMC flight department determines that the use of a NetJets, Inc.
Aviation Services—Use of Aircraft Service Recipient shall pay, for use of Aircraft for each individual trip, an amount equal to the Flight Operations Costs plus the Hourly Basic Charge multiplied by the actual Flight Time incurred for such instance of use (“Per Flight Charge”).
You may schedule Personal Flight Time with GCC’s flight department subject to availability of the Aircraft.