ACTION! N-Registered Aircraft in UK changes
Join Date: May 2001
Location: UK
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Whilst I agree with your campaign and I also agree with writing to your MP I cannot agree with the emphasis you place on IFR operations being safer than VFR operations.
I think this creates a very misleading impression with people who are less well informed about avaition matters and suggests that the vast majority of pilots who operate VFR are dangerous.
Moreover I think your assertions are dangerously wrong - I am not aware of any evidence to support your argument.
As an instrument rated pilot I believe the point that should be made is to operate in Europe for business which by definition requires running to a reasonable schedule then a pilot can only operate safely with an instrument rating - quite a different matter.
I think this creates a very misleading impression with people who are less well informed about avaition matters and suggests that the vast majority of pilots who operate VFR are dangerous.
Moreover I think your assertions are dangerously wrong - I am not aware of any evidence to support your argument.
As an instrument rated pilot I believe the point that should be made is to operate in Europe for business which by definition requires running to a reasonable schedule then a pilot can only operate safely with an instrument rating - quite a different matter.
Join Date: Apr 2001
Location: London UK
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Additionally, there are whole airlines happily operating on foreign registers in the UK.
Ryanair, for example, merrily claims that its main base is Dublin. Eire is JAA so despite it's slightly flag-of-convenience flavour it is perfenctly entitled to operate in the UK.
Air Atlanta - Icelandic. You'll see lots of supposedly British Airlines (like VAA) using Air Atlanta aircraft to operate in the UK.
Therefore, I find this whole N-reg thing barmy - the AOC costs from Ryanair alone would knock any financial gain out of the private stuff for six...
It's all rather strange - why not delve into the TF and EI register game to draw precedent?
Ryanair, for example, merrily claims that its main base is Dublin. Eire is JAA so despite it's slightly flag-of-convenience flavour it is perfenctly entitled to operate in the UK.
Air Atlanta - Icelandic. You'll see lots of supposedly British Airlines (like VAA) using Air Atlanta aircraft to operate in the UK.
Therefore, I find this whole N-reg thing barmy - the AOC costs from Ryanair alone would knock any financial gain out of the private stuff for six...
It's all rather strange - why not delve into the TF and EI register game to draw precedent?
Join Date: Jun 2003
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AngloPepper
When I last looked into this, 2 years ago, I found out that the 60% (or whatever it is) requirement applies only to U.S. Corporations.
It does not apply to the more simple trusts where any U.S. Citizen can own the N-reg aircraft on behalf of a beneficial owner (called TRUSTOR in U.S. legal terminology).
Have you spoken to one of the N-reg trust experts on this?
When I last looked into this, 2 years ago, I found out that the 60% (or whatever it is) requirement applies only to U.S. Corporations.
It does not apply to the more simple trusts where any U.S. Citizen can own the N-reg aircraft on behalf of a beneficial owner (called TRUSTOR in U.S. legal terminology).
Have you spoken to one of the N-reg trust experts on this?
Join Date: Jan 2001
Location: He's on the limb to nowhere
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I think that 60% rule allows a N-reg to be owned by a US company that is 100% owned by a non US entity. So a UK citizen could own a Delaware corporation that owned an N-reg, but that N-reg would have to have 60% of its flight time in the US. So not much use for the planes under threat.
Awesome but Affordable
With a slightly sardonic twist it occurs to me that if Tony Blair gets much further up George W's fundamental orifice then the UK will be considered the 51st state of the USA.......!!!! Thus the 60% minimum will be done in FAA regulated skies. Where then the DfT proposals?
Cheers,
Trapper 69
.......... and now a roll off the top..!!!
Cheers,
Trapper 69
.......... and now a roll off the top..!!!
