I own a G registered plane that is about to be re-registered back onto the US register. I chose this as I want to complete my FAA IR rating so I can fly in Europe.
After reading all the comments here about this topic I called the company who is setting up my FAA trust. Yes I know he has interest to register N reg a/c as this is his job but I needed another view on this rumour. He says that this topic comes up every so often and should be treated as a rumour. It starts with the French getting pisssed off with the number of N registered a/c coming over and then they complain to the CAA.
As I understand it there is something in the 1941 (?) Chicago Conference allowing foreign planes to operate in other countries airspace and as long as there are FAA licensed engineers to do the inspections and remedial work as necessary. So to alter this, doesn’t this need a changed by both parties?
The nice chap at the US Trust company spoke to the FAA a few weeks ago about this and they didn’t know anything about this change to policy and stated is legal to own and operate an N registered plane in any country as long as it is serviced to FAR requirements.
I’ll keep going for the moment so we will have to see.
Gruntos