Fractional contract question

[john smith]

If one owns a share of a fractional aircraft (such as an AirShare
Cirrus) and one decided to pull the parachute to remedy an uncertain
situation, what concequenses might the contract stipulate?

[BT]

it is hard to judge.. having not seen the contract.. you can get a contract
to read anything you want, and then when there is an issue, the lawyers
fight about the interpretation

but one could presume that it would read the same as if there were an
accident in an aircraft without the parachute capability.
it should express liabilities, deductibles that are to be covered by the
pilot and what the insurance should cover

B

"john smith" > wrote in message
...
> If one owns a share of a fractional aircraft (such as an AirShare
> Cirrus) and one decided to pull the parachute to remedy an uncertain
> situation, what concequenses might the contract stipulate?

[Kingfish]

BT wrote:
> it is hard to judge.. having not seen the contract.. you can get a contract
> to read anything you want, and then when there is an issue, the lawyers
> fight about the interpretation
>
> but one could presume that it would read the same as if there were an
> accident in an aircraft without the parachute capability.
> it should express liabilities, deductibles that are to be covered by the
> pilot and what the insurance should cover
>

It wouldn't surprise me if there was a BRS deploying contingency in the
contract already. Absent that, it would probably be handled like any
other accident causing airframe damage (or loss)

[Ron Natalie]

john smith wrote:
> If one owns a share of a fractional aircraft (such as an AirShare
> Cirrus) and one decided to pull the parachute to remedy an uncertain
> situation, what concequenses might the contract stipulate?

Why would a BRS deployment be any different than any other
tin bending (well in this case plastic snapping). The
contract most likely defers to what the insurance says
about it.