FAA NPRM Would Require Aircraft Re-Registration Every Three Years
Mar 10, 2008 :: In an effort to increase the validity of its aircraft registry, the FAA published a notice of proposed rulemaking (NPRM) that would require every aircraft owner to re-register an aircraft within a certain timeframe, and then complete a registration renewal every three years thereafter. The FAA estimates that approximately 30 percent of its 343,000 aircraft registrations are incorrect. If adopted as proposed, this new re-registration process, much like state automobile registration requirements, would increase the burden on aircraft owners and impart penalties on owners who do not comply with the registration requirements. NBAA will prepare and submit comments, which are due May 28, in response to the NPRM. To view the notice and learn more, visit:http://web.nbaa.org/public/ops/taxes/registration/fr0208.pdf
