POLICY FOR RULES AND REGULATIONS

AIRCRAFT OPERATIONS

AT THE END OF EACH FLIGHT

PILOT QUALIFICATIONS

RESERVATIONS/SCHEDULING

DUES, RATES, AND FEES

CHECK-OUT

PRE-PAID BLOCK TIME AND PACKAGES

REFUND

AIRCRAFT OPERATIONS

1. The requirements for operation of LF ACADEMY’S aircraft are: knowledge of appropriate FARs, the current insurance requirements, the aircraft operation manual, and the corporation’s Bylaws and policy for rules and regulations.

• Non-members may operate and rent at a regular rate.

• Fuel, oil and maintenance/repair are the only reimbursable expenses allowed.

• Fuel purchases at airports other than FRG will be made by the member/ renter(s).

• Fuel and/or oil purchases will be credited to the member’s account provided original   receipts are submitted within thirty (30) days of purchase.

• All members should be aware of the aircraft’s status, and are responsible for aircraft after accepting it.

• Any problems or damages must be reported to the office immediately.

• Flights outside the United States must be arranged within thirty (30) days of departure and with the approval of the president of the corporation. Liability insurance coverage with an appropriate insurance company may be required and is to be obtained by the member at the member’s expense; a copy of said policy must be submitted to the company fifteen (15) days prior to departure. Any other requirements for flights outside the United States are at the member’s expense.

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AT THE END OF EACH FLIGHT

1. Record ending Hobbs and Tach readings on the flight sheet. Include the name, date, hours flown, and list all landings and any other data as appropriate.

2. Leave fuel tanks topped off, and/or notify an administrator.

3. Record and report any squawks to the office immediately.

4. Remove all trash, personal effects, etc. from the aircraft and secure it in the appropriate tie down.

5. Aircraft must be grounded upon discovery by a member/student/renter of any defect that affects flight safety. Only the president of the corporation and/or a maintenance officer may release the aircraft for service.

6. Grass fields are prohibited.

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PILOT QUALIFICATIONS

FAA AND INSURANCE REQUIREMENT

1. Each member desiring flight privileges must hold a current Student, Private, Commercial, or ATP pilot certificate and a current medical certificate.

2. LF ACADEMY requires that all members maintain flight status. Each pilot must meet the following requirements:

   • Must have logged time within the past ninety (90) days or had a check ride with a certified and approved instructor, or an FAA examiner.

   • Must meet the insurance and company imposed qualification criteria for the aircraft to be flown.

   • Must have a current complete questionnaire, reviewed and signed by an approved check-out instructor on file for each aircraft of intended operation.

   • Must successfully complete check-out in each aircraft of interest prior to making flights as pilot in command.

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RESERVATIONS/SCHEDULING

1. All reservations are made via Internet at www.aircraftclubs.com or by calling the office or an administrator.

2. Each canceled reservation should be updated for verification on the scheduling system as soon as possible regardless of weather conditions or other phenomena.

3. Reservations are to be made exactly for the time period required.

4. If late more than thirty (30) minutes, his/her aircraft will move on to the next scheduled reservation.

5. All flights must return at the scheduled time; if tardiness is caused by a mechanical or weather difficulty, then an administrator must be informed immediately.

6. Failure to utilize the aircraft during the reserved time slot is subject to a penalty of a 25% for the length of the reservation.

7. If making reservations for more than four (4) hours, a minimum of three (3) hours must be flown for single engine and multi-engine aircraft during week days, and if reservations are made for more than five (5) hours a minimum of four (4) must be flown during weekend and holidays for both single and multi-engine aircraft.

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DUES, RATES, AND FEES

1. Will be established by the treasurer of the corporation and will be subject to periodic evaluation and adjustment to meet the corporation’s operating costs.

CHECK-OUT

1. All pilots and CFI’s must be approved by a certified flight instructor, who is already approved by the Board of Directors, and meet the minimum required qualifications under the company’s insurance policy.

2. All members and CFI’s are responsible for cleaning the aircraft after their flight or lesson, removing any garbage and personal effects, and securing the aircraft at the original tie down.

3. All lost and found items should be turned in to an administrator who will place them in a safe place in the company’s office.

PRE-PAID BLOCK TIME AND PACKAGES

1. When a package is bought, students must abide by LF Academy's policies and terms. When purchasing pre-paid block times, it must be used within ninety (90) days, after which time it will be locked at the current block rate.

REFUND

1. When a member/or renter purchase additional flight time, or prepay for flights, it is reimbursable according to the following terms:

• LF Academy will fully reimburse within 24 hours.

• More than 24 hours up to 72 hours (3 days), LF Academy will charge a 25% penalty fee.

• If more than 72 hours up to thirty (30) days a 50% will be charged.

• Anything more than thirty (30) days is NOT REIMBURSABLE.

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REVISED 1/2007