The FAA issued a Notice of Proposed Rulemaking (“NPRM”) on February 28, 2008 proposing significant changes to its aircraft registration requirements. As with all NPRMs, it is merely a proposal at this point in time and is not a final regulation. However, the proposed changes will affect current aircraft owners, as well as future aircraft transactions. I encourage all aircraft owners to send in comments to the NPRM. To assist interested parties in providing comments to the FAA, I have provided an overview of the NPRM here.
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FAA Proposes Changes To Aircraft Registration
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Greg Reigel
Greg has more than two decades of experience working with airlines, charter companies, fixed base operators, airports, repair stations, pilots, mechanics, and other aviation businesses in aircraft purchase and sale transactions, regulatory compliance including hazmat and drug and alcohol testing, contract negotiation, airport grant assurances, airport leasing, aircraft related agreements, wet leasing, dry leasing, FAA certificate and civil penalty actions and general aviation and business law matters.
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