FAA vs JAA IR
I read a letter in one of the flying magazines recently, claiming that gaining an FAA instrument rating doesn't save significant money compared to its JAA counterpart. This being the case, why do so many people register aircraft with an N instead of a G? What are the benefits of both systems? I can understand how the FAA IR is only valid on N reg aircraft when flying in the UK. What about flying an N reg aircraft on a JAA IR when in the UK, or even flying an N reg aircraft on a JAA PPL? What are the restrictions placed on the licence, rating and registration of the aircraft?