In the absence of controlling legislation at the local, state, or federal level, the law of aviation is no more than a localized application of general common-law principles. Accordingly, various contracts relating to aviation are governed by the rules and requirements pertinent to such agreements generally.
However, the federal government plays an important role in many aspects of the aviation industry. The Federal Aviation Act of 1958 provides in detail for the regulation and control of aviation in the United States. Under this Act, any conveyance that affects the title to, or any interest in, any civil aircraft of the United States must be acknowledged and recorded with the Administrator of the Federal Aviation Administration in the manner prescribed by statute. After such an instrument is recorded, it is valid as to all persons without recording and regardless of notice.
As with any lease of personal property, an agreement to lease an aircraft must comply with all of the requisites, duties, liabilities, and obligations of the respective parties.Of particular importance in an aircraft lease are provisions concerning any limitations on the use of the aircraft and liability for loss and damage to or caused by the aircraft.
Travis Texas Aircraft Lease for Successive Terms is a comprehensive and highly advantageous agreement that facilitates the long-term leasing of various types of aircraft in Travis, Texas. This standardized lease agreement is designed to ensure a seamless and hassle-free leasing experience for both lessors and lessees. The Travis Texas Aircraft Lease for Successive Terms caters to a wide range of aircraft, including but not limited to helicopters, private jets, commercial planes, cargo aircraft, and more. With flexibility in mind, this lease agreement covers multiple types of aircraft, accommodating the diverse needs of businesses, individuals, and organizations in Travis, Texas. One of the key features of this lease agreement is its successive term provision. It allows the lessee to extend the lease beyond the initial term, providing extended usage and operational benefits. This provision eliminates the need for frequent negotiations and paperwork, simplifying the process for lessees looking to continue their aircraft leasing arrangements. The Travis Texas Aircraft Lease for Successive Terms offers various options tailored to specific requirements. Some of these options include short-term leasing for businesses needing aircraft for specific projects or events, and long-term leasing for individuals or organizations seeking extended usage. Moreover, lessees can choose between dry leasing (leasing the aircraft only) or wet leasing (leasing the aircraft along with crew, maintenance, and insurance). Key keywords: Travis Texas, Aircraft Lease, Successive Terms, leasing agreement, aircraft types, helicopters, private jets, commercial planes, cargo aircraft, flexibility, businesses, individuals, organizations, successive term provision, extended lease, short-term leasing, long-term leasing, dry leasing, wet leasing.Travis Texas Aircraft Lease for Successive Terms is a comprehensive and highly advantageous agreement that facilitates the long-term leasing of various types of aircraft in Travis, Texas. This standardized lease agreement is designed to ensure a seamless and hassle-free leasing experience for both lessors and lessees. The Travis Texas Aircraft Lease for Successive Terms caters to a wide range of aircraft, including but not limited to helicopters, private jets, commercial planes, cargo aircraft, and more. With flexibility in mind, this lease agreement covers multiple types of aircraft, accommodating the diverse needs of businesses, individuals, and organizations in Travis, Texas. One of the key features of this lease agreement is its successive term provision. It allows the lessee to extend the lease beyond the initial term, providing extended usage and operational benefits. This provision eliminates the need for frequent negotiations and paperwork, simplifying the process for lessees looking to continue their aircraft leasing arrangements. The Travis Texas Aircraft Lease for Successive Terms offers various options tailored to specific requirements. Some of these options include short-term leasing for businesses needing aircraft for specific projects or events, and long-term leasing for individuals or organizations seeking extended usage. Moreover, lessees can choose between dry leasing (leasing the aircraft only) or wet leasing (leasing the aircraft along with crew, maintenance, and insurance). Key keywords: Travis Texas, Aircraft Lease, Successive Terms, leasing agreement, aircraft types, helicopters, private jets, commercial planes, cargo aircraft, flexibility, businesses, individuals, organizations, successive term provision, extended lease, short-term leasing, long-term leasing, dry leasing, wet leasing.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
