Financial Impact of Contractual Clauses in Aviation Agreements
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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…