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Airplane Purchase Agreement for Switzerland

Airplane Purchase Agreement Template for Switzerland

A comprehensive legal agreement governed by Swiss law that outlines the terms and conditions for the purchase and sale of an aircraft. The document details the responsibilities and obligations of both buyer and seller, including purchase price, payment terms, delivery conditions, warranties, and technical specifications. It incorporates relevant Swiss aviation regulations and international aviation conventions, while ensuring compliance with Swiss contract law principles, particularly the Swiss Code of Obligations. The agreement includes provisions for aircraft inspection, acceptance procedures, risk transfer, and various aviation-specific requirements.

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What is a Airplane Purchase Agreement?

The Airplane Purchase Agreement serves as the primary legal instrument for aircraft acquisitions under Swiss jurisdiction. This document is essential when purchasing new or used aircraft, whether for commercial airlines, private operators, or corporate fleet expansions. It meticulously addresses all aspects of the transaction, from technical specifications to regulatory compliance, while adhering to Swiss legal requirements and international aviation standards. The agreement typically includes detailed provisions for aircraft inspection, acceptance criteria, warranty terms, and risk allocation between parties. It's particularly important in Switzerland's context as a significant aviation hub, incorporating both domestic legal requirements (Swiss Code of Obligations, Swiss Federal Aviation Act) and international aviation conventions. The document is structured to protect both parties' interests while ensuring smooth transfer of aircraft ownership and compliance with aviation regulations.

What sections should be included in a Airplane Purchase Agreement?

1. Parties: Identification of seller and buyer, including full legal names, registration details, and addresses

2. Background: Context of the transaction, including brief description of the aircraft and purpose of the agreement

3. Definitions: Defined terms used throughout the agreement, including technical aviation terms and contract-specific definitions

4. Sale and Purchase: Core terms of the transaction, including aircraft description and purchase price

5. Purchase Price and Payment Terms: Detailed breakdown of price, payment schedule, deposit requirements, and payment methods

6. Conditions Precedent: Prerequisites that must be satisfied before completion of the sale

7. Pre-Delivery Inspection: Terms and procedures for aircraft inspection before delivery

8. Delivery and Acceptance: Details of delivery process, location, timing, and acceptance criteria

9. Title and Risk: Transfer of ownership and risk provisions

10. Representations and Warranties: Statements of fact and promises by both parties regarding the aircraft and transaction

11. Covenants: Ongoing obligations of the parties

12. Default and Termination: Circumstances constituting default and consequences thereof

13. Indemnification: Mutual indemnification provisions for various risks

14. Governing Law and Jurisdiction: Choice of Swiss law and jurisdiction details

15. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability

What sections are optional to include in a Airplane Purchase Agreement?

1. Financing Arrangements: Required if the purchase involves external financing or specific payment structures

2. Registration and Deregistration: Needed if the aircraft requires re-registration in a different jurisdiction

3. Training and Support: Include if seller is providing additional training or technical support services

4. Maintenance and Repairs: Required if specific pre-delivery maintenance or repairs are part of the agreement

5. Insurance: Include if specific insurance requirements need to be maintained during transaction period

6. Export/Import Requirements: Necessary for international transactions requiring specific customs handling

7. Broker Provisions: Include if aircraft brokers are involved in the transaction

What schedules should be included in a Airplane Purchase Agreement?

1. Aircraft Specifications: Detailed technical specifications of the aircraft

2. Aircraft Documents: List of all required documentation to be delivered with the aircraft

3. Delivery Condition Requirements: Specific conditions the aircraft must meet at delivery

4. Payment Schedule: Detailed breakdown of payment installments and timing

5. Pre-Delivery Inspection Protocol: Detailed procedures and checklist for aircraft inspection

6. Form of Acceptance Certificate: Template for the formal acceptance document

7. Warranty Terms: Detailed warranty conditions and procedures

8. Required Modifications: List of any modifications required before delivery

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Switzerland

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions



















































Clauses



































Relevant Industries

Aviation

Aerospace

Transportation

Manufacturing

Financial Services

Insurance

Legal Services

Asset Management

Logistics

Relevant Teams

Legal

Finance

Procurement

Operations

Risk Management

Compliance

Technical Operations

Fleet Management

Asset Management

Aviation Safety

Quality Assurance

Contract Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Fleet Manager

Aviation Lawyer

Procurement Manager

Technical Director

Risk Manager

Compliance Officer

Operations Director

Asset Manager

Aviation Finance Manager

Contract Manager

Legal Counsel

Aircraft Inspector

Director of Maintenance

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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