N, VP or M Reg
Ok here is the scenario:
We are looking at placing a biz jet on charter in Europe , this is a private biz jet that is not being utilised sufficiently hence the expansion into biz market. The main dilemma is that the crew are all FAA rated and do not want to go down the JAA route for various reasons. I have been looking at many options but have not been able to find a conclusive answer 1) Keep it on N – sell shares 2) VP reg ? and have the crews licence validated 3) M reg can be private only. Any help will be greatly appreciated. Thanks in advance.