Aircraft Management Agreement Template for Singapore

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Key Requirements PROMPT example:

Aircraft Management Agreement

"Need an Aircraft Management Agreement for a private Gulfstream G650 based in Singapore, with comprehensive maintenance and crew management services, starting from March 2025, with an option for charter operations during non-peak periods."

What is a Aircraft Management Agreement?

The Aircraft Management Agreement is essential for aircraft owners seeking professional management of their aviation assets in Singapore. This document is particularly relevant when owners want to delegate the complex responsibilities of aircraft operations, maintenance, and regulatory compliance to specialized management companies. The agreement, governed by Singapore law and compliant with CAAS regulations, typically covers comprehensive services including crew management, maintenance oversight, flight operations, insurance arrangements, and financial management. It's designed to ensure clear allocation of responsibilities while maintaining compliance with Singapore's strict aviation safety and regulatory standards.

What sections should be included in a Aircraft Management Agreement?

1. Parties: Identification of the aircraft owner and management company

2. Background: Context of the agreement and brief description of the arrangement

3. Definitions: Key terms used throughout the agreement including regulatory references

4. Scope of Services: Detailed description of management services to be provided

5. Term and Termination: Duration of agreement and termination provisions

6. Management Fees: Fee structure and payment terms

7. Operating Costs: Allocation of costs and expenses

8. Regulatory Compliance: Obligations regarding compliance with aviation regulations

9. Insurance: Required insurance coverage and responsibilities

10. Representations and Warranties: Standard representations including regulatory authorizations

11. Liability and Indemnification: Risk allocation between parties

12. Force Majeure: Provisions for unforeseen circumstances affecting operations

13. Governing Law: Singapore law provisions and jurisdiction

What sections are optional to include in a Aircraft Management Agreement?

1. Crew Management: Terms regarding flight crew employment and management - include when crew management is part of the services

2. Charter Operations: Terms governing third-party charter arrangements - include if aircraft will be available for charter

3. Maintenance Program: Specific maintenance arrangements and responsibilities - include when maintenance is included in management services

4. Ground Handling: Terms regarding ground handling services - include when ground handling is part of the management services

5. Fuel Management: Provisions for fuel procurement and management - include when fuel management is part of the services

What schedules should be included in a Aircraft Management Agreement?

1. Schedule 1 - Aircraft Specifications: Detailed description of the aircraft including registration and equipment

2. Schedule 2 - Service Level Agreement: Specific performance metrics and service standards

3. Schedule 3 - Fee Schedule: Detailed breakdown of management and operating fees

4. Schedule 4 - Operating Budget: Projected annual operating costs and expenses

5. Schedule 5 - Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

6. Schedule 6 - Regulatory Compliance Checklist: List of applicable regulations and compliance requirements

7. Schedule 7 - Operational Procedures: Standard operating procedures and safety protocols

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Aviation
Private Transportation
Charter Services
Luxury Services

Relevant Teams

Operations
Legal
Finance
Compliance
Maintenance
Risk Management

Relevant Roles

Aviation Manager
Fleet Director
Chief Pilot
Compliance Officer
Operations Director
Legal Counsel
Risk Manager

Industries

Air Navigation Act (Chapter 6): Primary aviation legislation in Singapore that governs civil aviation operations, safety standards, and regulatory framework

Air Navigation Order: Subsidiary legislation providing detailed regulations for aircraft operations, maintenance, and safety requirements

Civil Aviation Authority of Singapore Act: Establishes CAAS and its powers to regulate civil aviation in Singapore

Singapore Airworthiness Requirements: Technical standards and requirements for aircraft airworthiness certification

Singapore Air Safety Publication: Detailed safety guidelines and procedures for aviation operations

CAAS Air Operator Certificate Requirements: Specific requirements for obtaining and maintaining an Air Operator Certificate in Singapore

Contract Law (Common Law): General principles of contract law based on Common Law system, governing contractual relationships

Companies Act: Primary legislation governing business entities and corporate operations in Singapore

Consumer Protection (Fair Trading) Act: Legislation protecting consumer interests and ensuring fair trading practices

Competition Act: Regulates competitive practices and prevents anti-competitive behavior in the market

Chicago Convention: International convention establishing rules of airspace, aircraft registration, and aviation safety

Cape Town Convention: International treaty governing security interests in mobile equipment, including aircraft

Employment Act: Main labor law governing employment relationships and working conditions

Work Injury Compensation Act: Legislation covering compensation for work-related injuries and occupational diseases

Workplace Safety and Health Act: Regulations ensuring safety and health standards in workplace environments

Insurance Act: Legislation governing insurance requirements and regulations in Singapore

Environmental Protection and Management Act: Environmental regulations affecting aircraft operations and management

Personal Data Protection Act: Legislation governing the collection, use, and disclosure of personal data

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Let's create your Aircraft Management Agreement

What is a Aircraft Management Agreement?

What sections should be included in a Aircraft Management Agreement?

What sections are optional to include in a Aircraft Management Agreement?

What schedules should be included in a Aircraft Management Agreement?

Authors

Alex Denne

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