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AYR » Topics » Failure to obtain certain required licenses and approvals could negatively affect our ability to re-lease or sell aircraft, which would negatively affect our financial condition and results of operations.These excerpts taken from the AYR 10-K filed Mar 2, 2009. Failure
to obtain certain required licenses and approvals could
negatively affect our ability to re-lease or sell aircraft,
which would negatively affect our financial condition and
results of operations.
A number of leases require specific licenses, consents or
approvals for different aspects of the leases. These include
consents from governmental or regulatory authorities for certain
payments under the leases and for the import, export or
deregistration of the aircraft. Subsequent changes in applicable
law or administrative practice may increase such requirements
and a governmental consent, once given, might be withdrawn.
Furthermore, consents needed in connection with future
re-leasing or sale of an aircraft may not be forthcoming. Any of
these events could adversely affect our ability to re-lease or
sell aircraft, which would negatively affect our financial
condition and results of operations.
Failure to obtain certain required licenses and approvals could negatively affect our ability to re-lease or sell aircraft, which would negatively affect our financial condition and results of operations. A number of leases require specific licenses, consents or approvals for different aspects of the leases. These include consents from governmental or regulatory authorities for certain payments under the leases and for the import, export or deregistration of the aircraft. Subsequent changes in applicable law or administrative practice may increase such requirements and a governmental consent, once given, might be withdrawn. Furthermore, consents needed in connection with future re-leasing or sale of an aircraft may not be forthcoming. Any of these events could adversely affect our ability to re-lease or sell aircraft, which would negatively affect our financial condition and results of operations. This excerpt taken from the AYR 10-Q filed Nov 17, 2008. Failure
to obtain certain required licenses and approvals could
negatively affect our ability to re-lease or sell aircraft,
which would negatively affect our financial condition and
results of operations.
A number of leases require specific licenses, consents or
approvals for different aspects of the leases. These include
consents from governmental or regulatory authorities for certain
payments under the leases and for the import, export or
deregistration of the aircraft. Subsequent changes in applicable
law or administrative practice may increase such requirements.
In addition, a governmental consent, once given, might be
withdrawn. Furthermore, consents needed in connection with
future re-leasing or sale of an aircraft may not be forthcoming.
Any of these events could adversely affect our ability to
re-lease or
sell aircraft, which would negatively affect our financial
condition and results of operations.
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