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Old 16th May 2008, 15:54
  #11 (permalink)  
JBGA
 
Join Date: Jul 2004
Location: UK
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The CAA aren't interested in the commercial arrangement between group owners. What they are interested in is who has responsibility for the safety of the aircraft. In the case of a group, all of the owners are equally responsible regardless of what proportion of the costs they pay. If I were a group owner in a group where one member held more than 50% of the shares I would insist in having an equal control over the aircraft because I have equal responsibility for it.
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