FAA Letter to the Industry Regarding Non-Citizen Trusts
May 14, 2010
David Grizzle, Federal Aviation Administration Chief Counsel, issued a letter dated May 13, 2010, confirming that the FAA is not imposing a moratorium on the processing of any pending or future aircraft registrations under 14 CFR 47.7(c)(2)(iii). Mr. Grizzle further confirmed that the FAA will continue its past practice of issuing opinions approving non-citizen trusts and will not challenge the registration of aircraft currently registered under non-citizen trusts. The FAA will continue its review of non-citizen trusts to ensure compliance with existing law and with the desire to continually improve safety and security. We are grateful for the satisfactory resolution to the issues confronting the industry and Crowe & Dunlevy will continue to keep you informed of any developments on the issue and of any proposed changes to existing law or practice.
Click here to view a pdf of the FAA Letter referenced in this advisory.
This client advisory is published by Crowe & Dunlevy P.C. to inform our clients and friends of important developments in the aviation industry. The content is informational only and does not constitute legal or professional advice. We encourage you to consult an attorney in the Crowe & Dunlevy aviation law group if you have any specific questions or concerns relating to any of the topics discussed herein.
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