Aeronautical society of india(Aesi)
This blog is purely for Aesi students Who want to do Some daring Course
Wednesday, April 3, 2013
NTSB Schedules Hearing On Boeing 787 Battery Fire
Friday, January 18, 2013
First Council of the Aeronautical Society of India (year 1948)
[edit]President
[edit]Patron
Thursday, September 13, 2012
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Buying Your First Plane
All pilots are entitled to do whatever they wish with their money, but there are some issues to address before considering the purchase of an airplane if you’re determined to be logical about the decision. First, how many hours a year do you expect to fly? Look back on your rental experience, and honestly assess your flights. Were rental airplanes readily available when you needed them? Were the aircraft in reasonably decent condition? Would your flying habits change if you were operating your own airplane?
If you rent less than 50 hours a year, or roughly an hour a week, some guidelines suggest owning an airplane may be financially unwise. At a wet rental rate of $120 an hour for a Skyhawk, that’s only $6,000 a year. That doesn’t mean you shouldn’t buy, but it may not make financial sense. Do you really think you can own and operate an airplane for $500 a month?
Logic doesn’t always apply, however, nor should it, whether you’re considering buying an airplane, sports car, motorcycle or boat. Years ago, I purchased a twin-engine, 27-foot, Sea Ray Sundancer cabin cruiser and kept it for five years, using it perhaps 10 to 20 hours a month at the most. One day, I sat down with a calculator to figure out the expenses on an hourly basis. I turned off the calculator after a few minutes. It was obvious I was spending hundreds of dollars an hour for the occasional privilege of speeding back and forth to Catalina Island, Calif., with friends. It was my money and my choice, but the actual costs were sobering.
Membership examination
Wednesday, November 4, 2009
Aircraft Purchase Agreements (syed farooq)
It always surprises me when a potential aircraft buyer is unsure of whether he or she should use a purchase agreement when buying an aircraft. Most of these individuals have purchased homes and no doubt used a purchase agreement in such transactions. Yet, many of these same individuals would spend the same amount of money to purchase an aircraft, and often times a great deal more money, without the protection of a written aircraft purchase agreement.
Aircraft purchase agreements should be used in almost every aircraft sale transaction. First, the law in most states requires that a contract for an amount greater than $500.00 be in writing in order for it to be enforceable. This is called the statute of frauds. Although exceptions to this legal doctrine exist, complying with the law is usually safer than hoping you will be able to take advantage of an exception.
Further, using an aircraft purchase agreement can also help avoid confusion and misunderstandings. If the agreement clearly explains how the transaction will happen, when it will happen and what is included in the deal, the greater the likelihood that the buyer and seller will each know the other party's expectations and the less chance for surprises or misunderstandings.
What Terms Should Be Included?
The number and complexity of the terms that should be included in an aircraft purchase agreement will often times be dictated by the type and value of the aircraft being purchased/sold. Although by no means inclusive, the following terms provide a good place to start.
Identify the Parties. The agreement should identify who is selling the aircraft and who is buying the aircraft. Although this sounds simple to do, it isn't always clear who is the seller and who is the buyer. It is very common for aircraft to be registered in the name of a corporation or limited liability company. In that case, the individual with whom you are negotiating is not the owner of the aircraft and should not be listed as the seller. The registered owner of the aircraft should be identified as the seller.
The buyer on the other hand, can be an individual or a corporation or limited liability company. If an individual is the buyer, that person will be listed and upon registration will be the record owner of the aircraft. To fully take advantage of release and indemnity language discussed in greater detail below, the seller may also want to consider having an individual buyer's spouse execute the purchase agreement.
If a corporation or limited liability company will be registering the aircraft, the purchase agreement should identify that entity as the buyer. Alternatively, an individual can sign an agreement as the buyer and, as long as the agreement allows the buyer to assign his or her rights under the agreement, that individual may still assign the agreement to a corporation or limited liability company prior to closing. The corporation or limited liability company then becomes the buyer and can close on the transaction without the individual ever entering the chain of title. From a liability perspective, this can be important.
Identify the Aircraft. The aircraft purchase agreement should identify the aircraft with as much detail as possible. At a minimum, it should include the make, model, N-number and serial number for the aircraft. Ideally, a list of all avionics, logbooks, handbooks, additional equipment and any accessories should be included. Also, if the seller intends to retain certain items, those items should be specifically identified and excluded from the transaction. By taking the time to detail exactly what is and isn't being sold, you will prevent misunderstandings at delivery.
Purchase/Sale Price. The agreement should specify how much is being paid for the aircraft. If the buyer will be giving the seller a deposit or earnest money, that fact should be included. Also, what happens to the deposit when it is given to the seller? Will the money be placed in escrow or simply held by the seller? If an escrow agent is not involved, the buyer will need to obtain some assurance that his or her deposit will not simply disappear into the seller's pocket making the buyer's recovery from the seller difficult or impossible if the transaction does not close. The agreement should also state under what conditions the seller must refund the deposit to the buyer.
The buyer's method of payment should also be stated. Is it a cash transaction or will financing be involved? If financing is involved, the buyer may want to include language that makes the transaction contingent upon the buyer obtaining financing on terms acceptable to the buyer. That way, if the buyer isn't able to obtain satisfactory financing, the buyer will not be forced to complete the purchase on financially unacceptable terms.
Will other consideration be given to the seller, such as a trade? If so, to the extent that it is possible, the item(s) to be traded to the seller should be identified with the same amount of detail used to describe the aircraft being purchased. This will help avoid later confusion.
Documents. The agreement should include a statement about which documents the seller will sign and deliver to the buyer at closing. Usually this includes a Bill of Sale (FAA Form 8050-2) and a signed current Registration Form (FAA Form 8050-3).
Pre-purchase inspection. In most transactions, the buyer will want to have a pre-purchase inspection performed on the aircraft. The purchase agreement can specify who will perform the inspection, what qualifications that individual must possess and where the inspection will take place. Also, the buyer should make the agreement contingent upon the buyer's satisfaction with results of the inspection. Although the buyer is usually responsible for the expenses associated with a pre-purchase inspection, the agreement should address which party is responsible for what expenses related to the inspection.
Warranties. It is possible to include a variety of warranties in the purchase agreement representing certain conditions of the aircraft (e.g. warranties of airworthiness, merchantability, fitness for a particular purpose etc.). However, due to space limitations most of these warranties will not be discussed here.
From a buyer's perspective, the warranty of title is probably most important. This warranty ensures that the buyer receives title to the aircraft free and clear of any liens or mortgages. Although the buyer will still want to obtain a title search of the FAA Registry's records for the airplane, having the warranty of title included in the purchase agreement will help to minimize the risk of any unrecorded liens or interests in the aircraft.
Most sellers will want to include a disclaimer in the purchase agreement stating that the buyer is purchasing the aircraft "As-is". This language is intended to limit the seller's responsibility for any defects or unknown conditions in the aircraft. If the buyer is having a thorough pre-purchase inspection performed by a qualified mechanic familiar with the specific aircraft, inclusion of this disclaimer in the purchase agreement is probably not a great concern for the buyer.
Choice of Law/Venue. If the transaction involves a buyer and seller from different states, it may be prudent to include language in the purchase agreement that governs what law applies to the transaction and where any disputes would have to be resolved.
Waiver and Release of Liability. The seller will want waiver and release of liability language in the purchase agreement to limit potential liability for injury or damage sustained by the buyer arising out of the buyer's use of the aircraft. The language should be in bold, all caps letters to make sure it is obvious and not buried in the fine print of the purchase agreement.
Waiver and release of liability language will not release a seller from responsibility for the seller's intentional acts or gross negligence. Nor will it prevent possible claims from third-parties who are injured or damaged by buyer's use of the aircraft or from the buyer's minor children. However, it will prevent the buyer, and the buyer's spouse if the spouse has signed the purchase agreement, from suing the seller if a defect in the aircraft causes an accident that results in injury or damages.
What Remedy Does An Aircraft Purchase Agreement Give You?
First, an aircraft purchase agreement is not a 100% guarantee that a buyer or seller will not be sued. In this litigious world, I don't know that such a guarantee is possible. Further, the purchase agreement alone does not make anyone do anything. If a buyer or seller does not want to comply with his or her obligations, the purchase agreement will not change that. However, the purchase agreement will give you the ability to go to court and have a judge make the non-performing or "breaching" party comply with his or her obligations.
If the purchase agreement is drafted clearly and with sufficient detail, it may be possible to have the court specifically enforce the agreement (e.g. make the breaching party do what the purchase agreement says he or she is supposed to do). An example would be where a buyer refused to complete a transaction even though the seller and the aircraft complied with all of the terms of the purchase agreement. In this case, a court could force the buyer to purchase the aircraft.
Alternatively, the court may award money damages for losses incurred by the non-breaching party. An example of this is when a seller refuses to return a deposit even though the buyer has complied with all of the terms of the purchase agreement and has a right to return of the money. In this situation, a court could enter a judgment against the seller in the amount of the unreturned security deposit.
Conclusion
An aircraft purchase agreement is a valuable tool to ensure that each party to an aircraft purchase transaction receives what is expected. It prevents confusion and misunderstanding and provides security that a party will have recourse if the other party to the transaction fails to perform as required. With minimal up-front time and expense, both buyers and sellers can protect their interests and maximize the likelihood of an uneventful closing and purchase.
Aircraft Mechanic's Liens In
By Gregory J. Reigel
© 2004 Reigel & Associates, Ltd./Aero Legal Services. All rights reserved.
If you provide storage, repair, maintenance or other services to aircraft, you have the ability to assert a lien on that aircraft and retain possession until you have been paid. This is commonly referred to as a mechanic's lien.
What isn't as commonly known is that, in Minnesota, you don't necessarily lose your lien rights if you no longer have possession of the aircraft. The situation arises when an owner pays you with a check and leaves with the aircraft. Later, the bank dishonors the check. Now what?
Under Minnesota Statute § 514.221, you can re-assert your mechanic's lien against an aircraft by filing a verified statement and description of the aircraft and the work done or material furnished. The Statement must be filed with the "appropriate office under the Uniform Commercial Code." This would be the FAA's Aircraft Registry in Oklahoma City, OK.
The verified statement must include N-number, make and model of the aircraft, amount owed for the services and date of last work. The statement must be signed in ink, with title if on behalf of a corporation or limited liability company and must be accompanied by the $5.00 filing fee.
Also, if the owner of the aircraft is located in Minnesota, you may want to file the statement with the Secretary of State. Although it is not necessary to perfect your lien, it will provide notice to anyone who doesn't know to check with the Aircraft Registry.
This is called "perfecting" your mechanic's lien and must be done within 90 days after you provide the work, materials or service. Once perfected, you now have a lien on the aircraft.
Perfection secures the amount you are owed with the aircraft. You then have several options. First, in order to sell the aircraft, the owner will need to pay you and obtain a release before the owner can give a buyer clear title to the aircraft.
Second, you also have the ability to repossess and foreclose on the aircraft. This means you can force a sale of the aircraft and then receive payment out of the proceeds of the sale. Any excess money is given to the owner.
Under the first option, you run the risk of having to wait until the owner attempts to sell the aircraft. The second option gives you more control, but is also more costly than simply waiting. However, under either option you are definitely in a better position to get paid than you would be without the lien.
Advanced Aviation Gadgets
http://www.avshop.com/catalog/product.html?productid=3781
and even more cool are the ones with all the bells and whistles; Such as loading it with an International Data Base. Hell now the CIA can have all the civilian data along with their intelligence information. Of course this newest Industry finds itself with many new players as pilots are generally not having a problem affording new toys and it saves all those large flight bags and Knee Boards and clips. You can still buy the clipboards and I have one when I drive the Blitz Mobile mobile command center across the country hunting for the latest technologies it has maps and important numbers to do business from the highway. Many truck drivers and railroad conductors use such boards and in the NAVY Pilots use them and even probably torpedo bombers did too; remember George Bush Senior flew a torpedo bomber?
Back to our GPS Toys and PDA devices; Another one of the more unique ones is the EnFlight Text Weather Devise which you can google to get all the specs, definitely worth a look see. All of these devises also allow for National Security so no more private pilots in C-182s fly into restricted areas.
These companies are also careful whom they send these devises to, for obvious reasons. Just think you could be flying your own private plane with a little PDA devise and go have a blast with your newfound freedom. Another cool devise and one of my favorites is the Pocket test which you can look up on Google. This is a cool devise to help you from getting lost and it has just about too many features to list, too bad it was not Windows CE based, I just cannot trust the longevity of Palm in the market place and hope our military is not so stupid to buy into there hype for military versions. One thing going for it is its size. Very small.
We did like the MapTech unit also because we can use it on a laptop, Handheld GPS unit of PDA GPS unit, with terrain CAD capabilities. This unit has many other purposes for General Civil Engineering, Forestry, Mobile Car Washing scheduling and routing, Aviation, Hiking, Fishing, Diving, Trucking, you name it. It also has features from NOAA for weather; I would recommend this as the best all-purpose unit I have thus yet found. It also works with ESRI software. So we like this for its versatility across industries. Good for us too with the blitz mobile to take the route with the least amount of hills for fuel consumption conservation and wear and tear on a 300,000-mile truck. Another of the best units we looked at was the
http://www.teletype.com/pages/tracking.html
which can be used like a Top Secret "Bloodhound Unit" and we can use this for car wash truck tracking, can be used for just about any real use to help you find your self or units. This is a way we can covertly track our units so employees do not screw off and kill profits and lie about where they were and how long they were there. Also in our survey we looked at the SatellinkTech units and found a lot of other cool features there;
http://www.satellinktech.com/product/merlin_air_main.htm .
This is a great tool, like the other units is does provide real time data such as; Airport observations and forecasts (text), Area forecasts (text), Upper wind forecasts (text), Pilot reports (text and onboard processed graphics), Icing and Turbulence forecasts (graphical), Status of restricted, prohibited, and military training airspace (text and onboard processed graphics), Location of other aircraft on instrument flight plans (onboard processed graphics), FAA alerts and advisories, Aircraft Situational Display.
What is also of interest is how much all these companies work together so that they can provide all the same data to all their customers. This does not mean one is not better than the other. For our purposes we chose the Tele Type unit with all the features, which we may implement in the future. I hope this review of products has assisted you in learning more about the technology. Many of these PDA technologies will be available for nearly any business small or large.
ADDRESSING SAFETY WITH NEW AVIONICS
Of these accidents, 80% are either partially or completely pilot induced, with weather related accidents and controlled flight into terrain (CFIT) accounting for the majority of fatalities.
So what is the industry doing to address the issue of pilot errors?
Bendix/King has taken the bull by the horns and addressed this challenge with several new avionics products, and Cessna has taken the next step by including the Bendix/King advanced avionics package in their aircraft.
Situational Awareness: With its moving map and IFR approach capability, the KLN94 GPS provides added safety through increased situational awareness. This GPS with its full color screen is as easy to operate, as it is to view.
Weather: Bendix/King Data Link Weather features a state-of-the-art data link system to bring textual and graphical weather to your cockpit with a high speed, high bandwidth system. With the KDR 510, weather information (including METARs, TAFs, and PIREPs) is automatically updated and displayed on your KMD 550 (multi-function display) in your cockpit. For a small monthly fee, you can also receive NEXRAD radar and additional weather products that promote additional weather avoidance capability.
Controlled Flight Into Terrain (CFIT): The KMH 880 Multi-Hazard Awareness System combines traffic and terrain avoidance features in one unit. Combined with the KDR 510 and displayed on the KMD 550, you can have all the situational awareness available to ensure an up-to-the-second picture of your flight situation.
Workload Reduction: The KMD 550 Multi-Function Display (MFD) lets you spend less time looking at your instruments and more time flying your aircraft. The system gives you the information you need without added clutter, all while reducing the time required to manage each safety system. Along with its capability to display traffic, weather, terrain and moving map information, the KMD 550 also provides a wealth of reference information to the pilot including airports, NDBs, intersections, VORs, special-use airspace, victor airways, rivers, roads, lakes, cities and towers. When interfaced to the KLN 94, the KMD 550 can also display holding patterns, procedure turns and DME arcs for even greater situational awareness. Most importantly, this MFD is simple to use and sports a bright, razor-sharp display!
So, how much safer can General Aviation become? It seems to me that the sky's the limit! Who would have guessed that today's General Aviation aircraft would have these capabilities? And I suppose the question follows . . . "What else is possible?" Link: http://bendixking.com
10 Best Ways to Justify Your Airplane Purchase
1. The airplane will make money for me.
This one actually works! Learn about leasebacks and/or using your airplane in your business by visiting: http://www.airplanenoise.com/answers_to_why.htm
2. My business will benefit from my increased productivity when I fly instead of drive.
Save time and money by flying yourself! You can avoid hours at the security gate and layover time by flying yourself. Most regional trips will be completed in a fraction of the time you'd spend driving or flying commercially. Learn more by clicking the link: http://www.airplanenoise.com/business_justification.htm
3. The airplane will keep my family together.
Many people find their children off to college and their parents staying in the south. A personal aircraft allows you to stay in contact and maintain the relationships that are so important to you. After all. . . is there anything more important than our relationships with our family and friends?
4. Learning to fly provides a new challenge.
Most of us have dreamed about flying since our childhood. What's preventing us from taking that step? Life's too short to procrastinate!
5. I can vacation every weekend!
No doubt, every weekend can be earmarked for a new destination. Start with you own state, and expand to other states. Visit museums, recreation areas, friends . . . the sky's the limit! Start with this list: http://www.airplanenoise.com/great_trips.htm
6. I can make an airplane payment instead of an IRS payment!
With minimal business use (30%), your airplane purchase may be a depreciable asset. New tax laws significantly increased the tax benefit to owners. Learn more by downloading a FREE audio TeleClass at: http://www.airplanenoise.com/download_teleclass.htm
7. I can enhance my children's educational experience.
Children learn more from an experience rather than sitting in a classroom or reading a book. Trips to Washington D.C., Niagara Falls, Gettysburg, PA, Kitty Hawk are all great reasons to fly the family. Re-live your childhood at the same time.
8. Flying as therapy?
Well, believe it or not, some people fly for its therapeutic benefits. Life's problems seem to disintegrate as altitude increases. Try it next time you're feeling overwhelmed by life's challenges!
9. An airplane is a terrific status symbol.
If status is what you're looking for. . . you can't beat an airplane. Not only are pilots looked up to, but when it's your own airplane. . . "You've arrived!" No one even needs to know that the airplane is generating a positive cash flow.
10. I just WANT one!
Sometimes we just need to satisfy our desires!
"I'm worth it."
"I've worked hard and this is my reward."
"I only live once!"
Thursday, September 3, 2009
STUDY TIPS TO STUDY WELL AN DO GOOD IN EXAMS
but whatever it is, if you want to clear it you have to study for it,
you have to clease those papers. So in this post i will list 5 general
suggestions that any aesi student can apply to improve his chances to
clear AeSI papers.
1. Keep simple.
Yes keep things simple. Make a simple plan. Set a minimum hour and
stick with it. Grand, complicated plans are not needed. Just a simple
barebone plan is lot better than no plan. So keep a simple routine for
study and a strong resolve to stick with it.
2. Attend classes.
Even if you are studing the subject second time, attend classes. Even
if you don't feel like, attend classes. Even when it needs some
effort, attend classes.
Attending classes, discussing and asking questions will open up lot
more mental neurons than just reading old notes.
3. Be systematic
Following a simple plan is better than no plan. A free wheeling wind
mill generates no power. So plan and make simple routine and stick
with it.
Systemetic study of the sections will help you harness the power of
incremental learning. So begin making a routine. Next step is to
execute it
4. Play
Here's a simple rule for making a routine that actually allows soaking
the maximum knowlede in minimum effort.
Decide on the number of hours you want to study per week. Double this
amount and keep this time free for other things of life. If it exceeds
try reducing the number of hours to study and do the process again.
The point is have play time double the amount of study time. This is
the time your mind will have a chance to soak up all the info. This
play time can be used to pursue other projects like learning a new
programming language, reading, model making etc.
5. Murder
Murder all distraction. Murder all fruitless activities. Murder the
belief that you need to study every available hour of the day. Fill
the first hours of the day with the most important activities.
AESI SYLLABUS
This is the website link where you can find the aesi syllabus,course details and all the information
Tuesday, August 25, 2009
Aeronautical Society of India(Aesi) Blog
IT WAS FOUNDED ON DECEMBER 27, 1948
Pandit Jawaharlal Nehru, the First Prime Minister of independent India becomes the First Chief Patron of the Society.
Dr. Manmohan Singh, Hon'ble. Prime Minister of India is the current Chief Patron.
OBJECTIVES:
To promote the advancement and dissemination of knowledge of Aeronautical and Aerospace Sciences / Technologies. To strive for the elevation of Aeronautical and Aerospace profession.
ORGANIZATION:
Over the years, the Society has grown into a major professional body in the field of aeronautics, aviation & aerospace. The Society has 16 branches at all the important centers of aviation in the counter viz. Agra, Bangalore, Kolkata, Chandigarh, Chennai, Goa, Hyderabad, Kanpur, Kochi, Mumbai, Nasik, Nagpur, Pune, New Delhi, Sunabeda & Trivuvananthapuram. Society also has Journal Division and CFD Division at Bangalore.
Its membership of more than 9,000/- is drawn from all major Aeronautical establishments such as Hindustan Aeronautics Ltd. D.G.C.A., Defence Research and Development Establishments, Academic Institutions, Aeronautical Development Agency, Indian Air Force, Indian Space Research Oganization, Vikram Sarabhai Space Centre, National Airports Autority of India, Air India, Indian Airlines, Jetways, Pawan Hans, Aero Industry in Private Sector. Private Airlines, Defence Res. & Dev. Laboratory, Army Aviation Corps. The Society also drives its strength from financial support and active participation of its Corporate Members. The society has 53 Corporate Members from both National and International Sectors.