The Aircraft Management Agreement is essential for aircraft owners seeking professional management of their aviation assets in Malaysia. This document is typically used when an aircraft owner requires specialized expertise for the operation, maintenance, and administrative management of their aircraft while ensuring compliance with Malaysian aviation regulations. The agreement comprehensively addresses operational requirements, safety standards, maintenance protocols, crew management, and financial arrangements. It is structured to comply with Malaysian legal requirements, including the Civil Aviation Act 1969 and Civil Aviation Regulations 2016, while also considering international aviation standards. The document is particularly crucial for corporate entities, high-net-worth individuals, and organizations maintaining private aircraft fleets, providing a clear framework for delegating aircraft management responsibilities to professional aviation service providers.
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1. Parties: Identification of the aircraft owner and the management company, including full legal names and registration details
2. Background: Context of the agreement, including aircraft details and purpose of the management arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Scope: Formal appointment of the manager and outline of management services scope
5. Term and Termination: Duration of the agreement and conditions for termination
6. Manager's Obligations: Detailed responsibilities of the management company including operations, maintenance, and compliance
7. Owner's Obligations: Responsibilities of the aircraft owner including funding and cooperation requirements
8. Fees and Expenses: Management fees structure, operating costs, and payment terms
9. Operations and Maintenance: Standards for aircraft operation and maintenance procedures
10. Regulatory Compliance: Compliance with aviation regulations and maintaining necessary permits/licenses
11. Insurance: Required insurance coverage and responsibilities for maintaining insurance
12. Liability and Indemnification: Allocation of risks and indemnification obligations
13. Confidentiality: Protection of confidential information and trade secrets
14. Force Majeure: Provisions for unforeseen circumstances affecting performance
15. Governing Law and Jurisdiction: Malaysian law as governing law and jurisdiction for disputes
16. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Charter Operations: Include when the aircraft will be available for charter services
2. Crew Management: Include when the manager is responsible for crew employment and management
3. Hangarage: Include when specific hangar arrangements are part of the services
4. Fuel Management: Include when specific fuel procurement and management services are required
5. Tax Management: Include when the manager will handle tax matters related to aircraft operations
6. Import/Export Assistance: Include when international operations require customs handling
7. Catering Services: Include when in-flight catering management is part of the services
8. Ground Transportation: Include when ground transport coordination is part of the services
1. Aircraft Specifications: Detailed description of the aircraft including registration, make, model, and equipment
2. Scope of Services: Detailed breakdown of management services and service levels
3. Fee Schedule: Detailed breakdown of management fees, expenses, and payment terms
4. Operating Budget: Annual operating budget and cost estimates
5. Maintenance Program: Details of the maintenance program and scheduled maintenance
6. Insurance Requirements: Specific insurance types and coverage amounts required
7. Authorized Representatives: List of authorized representatives for both parties
8. Operating Procedures: Standard operating procedures and protocols
9. Reporting Requirements: Format and frequency of operational and financial reports
10. Emergency Response Plan: Procedures for handling emergency situations
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