N-registered business jet with EU licence?
An old colleague of mine did occasionally fly a Europe based, N-registered private biz-jet on a free-lance basis. It was a single pilot operation. I thought he had an FAA ATPL, but what he actually had was an EU ATPL and an FAA issued certificate called "Commercial Pilot (Foreign based)", with Single and Multi Engine ratings. In his EU license he, of course, did have the appropriate type rating etc.
I am pretty sure that he actually should have also held an actual FAA licence, with type rating and a valid check ride, and of course, an FAA medical, as well. If so, he was really lucky not to get ramp checked, he claimed to have flown the aircraft for several hundreds of hours around Europe, North America and Middle East.
Does anybody here have any comments on this, or am I wrong in my assumption?