Legal and Regulatory Considerations
FAA Regulations
The Federal Aviation Administration (FAA) regulates all aspects of civil aviation in the USA, including helicopter leasing. Compliance with FAA regulations ensures safety and legality in operations. Leasing companies typically ensure their fleets meet all regulatory requirements.
Lease Agreements
Lease agreements outline the terms and conditions of the lease, including responsibilities, costs, and duration. It is crucial to thoroughly review these agreements to understand your obligations and protect your interests.
Insurance Requirements
Insurance is a critical component of helicopter leasing. Policies typically cover hull damage, liability, and crew. Ensuring comprehensive coverage protects your investment and mitigates potential risks.