financial penalties

Financial Impact of Contractual Clauses in Aviation Agreements

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A model airplane placed on Euro banknotes, symbolizing financial considerations in aviation agreements.

February 17, 2025

Steven Bentley

Sofema Aviation Services (SAS) examines financial impacts of contractual clauses in aviation agreements. Introduction The financial consequences of contractual clauses within aviation agreements, such as Standard Ground Handling Agreements (SGHAs) and Maintenance Contracts, are significant and can directly impact operational costs and financial stability. Ambiguities in key terms, particularly in liability, indemnification, and service scope…

Overview and Summary of ATM/ANS.AR.C.050 Findings, Corrective Actions, and Enforcement Measures – Regulation (EU) 2017/373

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Regulation (EU) 2017/373 blog image

October 18, 2024

Steven Bentley

Sofema Aviation Services (SAS) explores how Regulation (EU) 2017/373 guides aviation authorities to analyze non-compliance, enforce corrective actions, and uphold safety standards across aviation service providers. Introduction Regulation (EU) 2017/373 outlines the responsibilities and procedures for competent authorities in the aviation sector when non-compliance with safety regulations is detected in service providers. It establishes a…