Originally Posted by
Jonzarno
Weejeem
I'm afraid that it's entirely normal for the registered owner of an N-reg aircraft to be a US corporation if the beneficial owner is not a US citizen. My own aircraft is owned using exactly this mechanism.
Jonzarno, I am indeed aware of this
- my point is that Gritsch did
not use the term "beneficial owner", only the phrase "is owned by", and the registered owner is very clearly a legal entity in its own right.
But I do take your and airpolice's point - perhaps there is/was no lying, rather just yet another terminological inexactitude.
