Transcript: The FAA severely limits compensation a private pilot can receive and for this purpose, reimbursement counts as compensation even if the pilot’s still loses money. However, some reimbursement
Transcript: There can be some limitations on the operation of experimental aircraft being flown for business. That said, the FAA’s primary concern is about the safety of any passengers.
For Piston Aircraft with a gross takeoff weight of less than 6,000 lbs and costing less than $500,000 – $3,000 per year
For Piston Aircraft with a gross takeoff weight of more than 6,000 lbs or costing more than $500,000 – $5,000 per year
For Turboprop Aircraft with a gross takeoff weight of less than 12,500 lbs, and not subject to “truth in leasing” – $7,500 per year