Document background
An Aircraft Bill of Sale is a fundamental document used in aviation transactions in Malaysia to transfer ownership of aircraft between parties. This document must comply with both Malaysian legal requirements, particularly the Civil Aviation Act 1969 and Civil Aviation Regulations 2016, as well as international aviation standards. The document is essential when purchasing or selling any aircraft, whether for commercial, private, or cargo operations. It contains critical information including detailed aircraft specifications, party details, warranties of title, and consideration amount. The Aircraft Bill of Sale serves multiple purposes: it acts as proof of ownership for registration with the Civil Aviation Authority of Malaysia (CAAM), supports financing arrangements, and is required for insurance purposes. It must be drafted carefully to ensure it meets all regulatory requirements and properly protects the interests of both buyer and seller.
