Payment Terms

Payment terms refer to the agreed-upon conditions between a buyer and a seller regarding the payment of goods or services. In the aviation industry, payment terms are often negotiated between airlines and aircraft manufacturers, leasing companies, or maintenance providers. These terms may include the amount and timing of payments, as well as any penalties or incentives for early or late payments. Payment terms can also be influenced by factors such as the size of the transaction, the creditworthiness of the parties involved, and the length of the contract.

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Vaporize: In aviation, vaporize refers to the phenomenon of fuel turning into vapor due to low pressure and temperature in the fuel lines. This can occur when the fuel tank is not vented properly or when the fuel lines are not properly insulated. Vap ... Read More >>
Operating Margin: Operating margin is a financial metric that measures the profitability of an airline's operations by calculating the percentage of revenue that remains after deducting operating expenses such as fuel, labor, maintenance, and aircraft lease ... Read More >>
Cargo Handlers: Cargo Handlers are individuals or companies responsible for the loading, unloading, and transfer of cargo between aircraft and ground transportation. They ensure that cargo is properly secured and distributed within the aircraft to maintain ... Read More >>

Payment Terms

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