What are the requirements for an aircraft to have a fire detection system?

What are the requirements for an aircraft to have a fire detection system?

(a) There must be approved, quick acting fire or overheat detectors in each designated fire zone, and in the combustion, turbine, and tailpipe sections of turbine engine installations, in numbers and locations ensuring prompt detection of fire in those zones.

What is fire detection system in aircraft?

Discussion. Automatic systems can detect aircraft fires or potential ignition which might not be apparent to the crew until they have developed to an extent which makes their successful control difficult, or impossible. These systems are based upon both heat and smoke sensing.

Is non-GAAP the same as IFRS?

The term non-IFRS financial information – also referred to as ‘non-GAAP’ financial information or ‘alternative performance measures’ (APMs) – captures any measure of past or future financial position, performance or cash flows that is not prescribed by the relevant accounting standards, for example, International …

What is considered non-GAAP?

Describing a calculation of income or earnings not made according to Generally Accepted Accounting Principles. It is often difficult to compare non-GAAP earnings to each other because there are no standardized methods for computing them. Examples of non-GAAP earnings include free cash flow and core earnings.

What is a GAAP net loss?

GAAP Net Income for any period means the net income (or loss) of the Property Owning Partnerships for such period, determined in accordance with GAAP, consistently applied, excluding (without duplication) to the extent included therein (a) all extraordinary gains, including, without limitation, any extraordinary gains …

What is meant by net loss?

A net loss is when expenses exceed the income or total revenue produced for a given period of time. It is sometimes called a net operating loss (NOL). Businesses that have a net loss don’t necessarily go bankrupt because they may opt to use their retained earnings or loans to stay afloat.

Why is Ebitda non-GAAP?

EBITDA is a non-GAAP earnings measure calculated by adding back the non-cash expenses of depreciation and amortization to a firm’s operating income. So a company that decided to report EBITDA in its financial disclosures would also be required to provide a reconciliation to show its net earnings according to GAAP.

Is Net debt a non-GAAP measure?

“Net debt,” also a non-GAAP financial measure, is debt (the most comparable GAAP measure, calculated as long-term obligations plus short-term borrowings) minus cash and equivalents. Management believes that net debt to capital is an important measure to monitor leverage and evaluate the balance sheet.

Is net worth a GAAP term?

GAAP Net Worth means with respect to any Person at any date, the excess of the total assets over total liabilities of such Person on such date, each to be determined in accordance with GAAP. GAAP Net Worth means the Net Worth of the Company on a consolidated basis determined in accordance with GAAP.

Is liquidity a non-GAAP measure?

Regulation G and item 10(e) of Regulation S-K define a non-GAAP financial measure as a numerical measure of historical or future financial performance, financial position or cash flows, that: a measure of liquidity that is different from cash flow or cash flow from operations computed in accordance with GAAP.