Bailed aircraft definition

Bailed aircraft means a Federal aircraft that is owned by one executive agency, but is in the custody of and operated by another executive agency under an agreement that may or may not include cost-reimbursement. Bailments are executive agency-to-executive agency agreements and involve only air- craft, not services.
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Examples of Bailed aircraft in a sentence

  • Ai r c r af t u sed i n t h e m ili t a ry se r vices of a ny gove rn- m e n t .(2) Bailed aircraft.

  • When this inventory type (Bailed) aircraft is placed on contract, it is done as GFP, which is the more familiar term.• The responsible SPM will coordinate on all contracts, lease, and loan agreements involving aircraft requiring modification installation, flight test or demodification and for which the government has assumed the risk of loss, damage or destruction.

Related to Bailed aircraft

  • Leased Aircraft Has the meaning specified in the third recital to this Trust Supplement.

  • Owned Aircraft Has the meaning specified in the third recital to this Trust Supplement.

  • Aircraft means any machine that can derive support in the atmosphere from the reactions of the air other than the reactions of the air against the earth’s surface;

  • State aircraft means an aircraft, other than a commercial aircraft, owned and operated by the government of any country or the government of a colony, dependency, province, state, territory or municipality of a country;

  • Public aircraft means an aircraft used exclusively in the service of any government or of any political subdivision thereof, including the government of any state, territory, or possession of the United States, or the District of Columbia, but not including any government-owned aircraft engaged in carrying persons or property for commercial purposes.

  • Civil aircraft means any aircraft other than a public aircraft.