The standard coverage is an amount equal to your bodily injury liability coverage, but you may purchase additional coverage up to an amount double your bodily injury liability. The minimum amount required by law is $20,000 per person, $40,000 per accident.
Quick access recorder. A quick access recorder (QAR) is an airborne flight data recorder designed to provide quick and easy access to raw flight data, through means such as USB or cellular network connections and/or the use of standard flash memory cards.
AerCap (NYSE: AER) is the world's largest independent aircraft leasing company. By the end of December 2016, it owns 1022 aircraft, manages 124 aircraft, and have order on the book of 420 aircraft. (from 2015 investor day presentation) An aircraft typically has 25 years of useful life. 1  AerCap executes transactions in all stages of the lifecycle of an aircraft after it is being manufactured: 2  Acquiring and holding a new or used aircraft for leasing purpose. 3  Selling a used aircraft, usually after it has consumed â of its useful life.