Stephen Dickson became the 18th FAA administrator on August 12, 2019, as sworn in by U.S. Transportation Secretary Elaine Chao. The ceremony took place in the West Atrium of the U.S. […]
Transcript: Six months before an aircraft registration expires, the FAA will mail a reminder to the address that they have on record for the aircraft. A month later, a […]
Transcript: Aircraft trusts are used for many reasons, but a common one is to meet legal aircraft registration requirements. US law restricts ownership of US registered aircraft by non-citizens. […]
Transcript: Aircraft receive an N-Number when they are first registered with the FAA, either an owner’s specially requested N-Number or a random one. Most already have an N-Number by […]
Transcript: Aircraft registrations expire every 3 years and need to be renewed. The easiest way to renew is to follow the instructions included in the letter the FAA sends […]
Transcript: The truth in leasing rule requires that any time use of a large aircraft, meaning one greater than 12,500 pounds gross takeoff weight is sold. The terms of […]
Transcript: FAA regulations allow certain types of flying for compensation to be conducted only on qualifying aircraft, i.e. fractional aircraft, multi-engine jets, and aircraft larger than 12,500 pounds gross […]
Transcript: Ownership interests in large US aircraft and aircraft engines should be recorded not only with the FAA but also with the international registry, also known as the Cape […]
Transcript: One of the FAA’s greatest concerns in general aviation is arrangements where one party provides air transportation to another. A so-called flight department company exists when somebody establishes […]
Transcript: The term fractional refers to a specific type of aircraft co-ownership, where operations fall under federal aviation regulations, part ninety one, sub-part K. These involve a fractional management […]