The CAA limits the number of owners in a group to 20.
Is forming a company a way round that requirement - the aircraft is owned by the company - 1 legal entity while the company in turn is owned by 30 or 40 people?
There may also be some problems with the C of A category when a company is formed - a group can operate on a private C of A but I think that when a company hires out an aircraft even to it's own shareholders then a Public Transport C of A is required. Can anyone confirm that?
Regards,
DFC