GM1 ARO.GEN.305(b) Oversight programme
FINANCIAL MANAGEMENT
Examples of trends that may indicate problems in a new organisation's financial management are:
(a) significant lay-offs or turnover of personnel;
(b) delays in meeting payroll;
(c) reduction of safe operating standards;
(d) decreasing standards of training;
(e) withdrawal of credit by suppliers;
(f) inadequate maintenance of aircraft;
(g) shortage of supplies and spare parts;
(h) curtailment or reduced frequency of revenue flights; and
(i) sale or repossession of aircraft or other major equipment items.
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