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Asset classes and asset class categories are often mixed together. In other words, describing large-cap stocks or short-term bonds as asset classes is incorrect. These investment vehicles are asset class categories, and are used for diversification purposes. Multiple asset classes mixed together in a fund structure can provide an investor with ...
An aircraft category is defined by the International Civil Aviation Organization as a "classification of aircraft according to specified basic characteristics", for the purpose of personnel licensing. Examples of aircraft categories include aeroplanes, helicopters, gliders, or free balloons.
A few years ago, someone came to the Better Money Decisions office interested in purchasing a fund she had read about in a national financial magazine. Does this investment sound like some unusual ...
Milestone Aviation Group, a subsidiary of AerCap, is an aircraft leasing company focused on helicopters. As of December 31, 2021, it owned 355 helicopters, which are leased to companies including CHC Helicopter, Bristow Helicopters, Saudi Aramco, and Babcock International. [2] The company has international offices in Dublin and Dubai. [3]
A transport category helicopter is permitted to have only one main rotor head, and may have only one engine. If a transport category helicopter has only one engine it is only eligible to be a Class B (or Performance Group 2) helicopter. An example of a transport category helicopter with only one engine is the Bell 204/205.
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First flown in 1987, the original Sparrow Ultralight is a single seater designed as an FAR 103 Ultralight Vehicles compliant aircraft with an empty weight within that category's 254 lb (115 kg) empty weight limit, when equipped with a light enough engine. The Sparrow can also be built in the US homebuilt and light-sport aircraft categories.
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