2. AIRCRAFT FLEET REPORTING
a. Quarterly - Within thirty (30) Days after the conclusion of each calendar year quarter during the Term, Buyer shall provide Seller a report detailing Aircraft Landings by Aircraft registration and/or serial number.
b. Annually - Within thirty (30) Days after the conclusion of each calendar year during the Term, Buyer shall provide Seller a report detailing Fleet activity, including the following:
• Aircraft in Fleet by date of entry into service;
• Aircraft condition: new or used;
• For used Aircraft entering Fleet – provide total cycles per brake and existing wear pin measurement upon entry into service in Fleet; and
• Aircraft retired, sold, leased, parked, etc., and if sold or leased, to whom.