ROTABLE PARTS definition
ROTABLE PARTS means Serviced Parts that customarily have a potential for reuse through inspection, repair, overhaul or calibration.
ROTABLE PARTS means those parts constituting Inventory of any Borrower that can be refurbished and returned to service consistent with aerospace standards.
ROTABLE PARTS. An item that can be economically restored to a serviceable condition and in the normal course of operation is repeatedly rehabilitated to its fully serviceable condition over a period approximating the life of the flight equipment to which it is related.
More Definitions of ROTABLE PARTS
ROTABLE PARTS means Parts and Components that can be economically restored to a serviceable condition and, in the normal course of operations, is repeatedly rehabilitated to a serviceable condition over a period approximating the life of the flight equipment to which it is related.
ROTABLE PARTS means Parts that are renewable and inventory- or time-controlled on a unit basis, usually (but not necessarily) by serial number, and have a definite potential for reuse through inspection, Overhaul, Repair, or calibration in connection with the Maintenance Program.