Aircraft Management Agreement Template for Austria

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Key Requirements PROMPT example:

Aircraft Management Agreement

"I need an Aircraft Management Agreement under Austrian law for a privately-owned Gulfstream G650 that will be managed by Vienna Executive Aviation GmbH, with particular emphasis on charter revenue generation and maintenance management, starting from March 2025."

Document background
The Aircraft Management Agreement is essential for aircraft owners who wish to delegate the operational, maintenance, and administrative responsibilities of their aircraft to a professional management company in Austria. This document is particularly relevant in the context of Austrian and EU aviation regulations, where strict compliance with safety and operational standards is mandatory. The agreement typically covers comprehensive services including crew management, maintenance scheduling, regulatory compliance, insurance arrangements, and financial administration. It is commonly used by private aircraft owners, corporations with business aircraft, and commercial operators who need professional management services. The document must comply with Austrian aviation law (Luftfahrtgesetz), EU aviation regulations, and EASA requirements while also addressing standard commercial terms under Austrian civil law.
Suggested Sections

1. Parties: Identification of the aircraft owner and management company, including full legal names and addresses

2. Background: Context of the agreement, including aircraft details and purpose of the management arrangement

3. Definitions: Detailed definitions of technical terms, regulatory references, and key concepts used throughout the agreement

4. Appointment and Scope of Services: Formal appointment of the manager and detailed description of core management services to be provided

5. Manager's Obligations: Comprehensive list of the manager's duties, including operational, maintenance, and administrative responsibilities

6. Owner's Obligations: Owner's responsibilities, including providing documentation, maintaining insurance, and funding requirements

7. Regulatory Compliance: Obligations regarding compliance with aviation regulations, permits, and licenses

8. Crew Management: Provisions regarding flight crew employment, training, and scheduling

9. Maintenance and Operations: Requirements for aircraft maintenance, scheduling, and operational standards

10. Financial Arrangements: Management fees, operating budget, expense handling, and invoicing procedures

11. Insurance: Required insurance coverage, responsibilities for maintaining insurance, and claim procedures

12. Liability and Indemnification: Allocation of risks, limitation of liability, and indemnification provisions

13. Term and Termination: Duration of agreement, renewal terms, and termination rights

14. Force Majeure: Provisions for handling events beyond parties' control

15. Confidentiality: Protection of confidential information and trade secrets

16. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes

17. General Provisions: Standard boilerplate clauses including notices, amendments, and entirety of agreement

Optional Sections

1. Charter Operations: Include when the aircraft will be made available for third-party charter operations

2. Fuel Management Program: Include when specific fuel procurement and management services are required

3. Hangar Services: Include when specific hangar arrangements are part of the management services

4. Tax Management: Include for international operations requiring specific tax planning and compliance

5. Additional Aircraft: Include when agreement may cover future or multiple aircraft

6. Special Mission Operations: Include for aircraft used in specialized operations like medical transport or aerial work

7. Data Protection: Include detailed GDPR compliance section when processing significant personal data

Suggested Schedules

1. Aircraft Specifications: Detailed description of the aircraft, including registration, manufacturer, model, and equipment

2. Scope of Services: Detailed breakdown of all management services included in the agreement

3. Fee Schedule: Detailed breakdown of all management fees, charges, and payment terms

4. Operating Budget: Annual operating budget and cost estimates

5. Authorized Representatives: List of authorized representatives for both parties

6. Minimum Insurance Requirements: Detailed insurance specifications and coverage requirements

7. Maintenance Program: Detailed maintenance schedule and procedures

8. Operating Procedures: Standard operating procedures and compliance requirements

9. Reporting Requirements: Templates and schedules for required operational and financial reports

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Aviation

Private Aviation

Business Services

Transportation

Luxury Travel

Tourism

Corporate Services

Aircraft Maintenance

Insurance

Aviation Training

Aviation Consulting

Aircraft Leasing

Relevant Teams

Legal

Operations

Flight Operations

Maintenance

Compliance

Risk Management

Finance

Insurance

Technical Services

Quality Assurance

Safety Management

Ground Operations

Crew Management

Administration

Relevant Roles

Aviation Manager

Fleet Operations Director

Chief Pilot

Maintenance Director

Aviation Legal Counsel

Compliance Officer

Flight Operations Manager

Aircraft Owner

CEO

CFO

Risk Manager

Insurance Manager

Aviation Safety Manager

Technical Director

Ground Operations Manager

Quality Assurance Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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