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-   -   N-Reg Trust? (https://www.pprune.org/private-flying/147690-n-reg-trust.html)

Keef 12th Oct 2004 09:38

A hardy perennial, I think. It was proposed at least once before, but the airlines who were leasing N-reg aircraft were a tad opposed to the concept and it was quietly shelved.

EASA is still flexing muscles and learning stuff. Starting a rumour is a good way to test the water...

IO540 12th Oct 2004 18:42

This one has been around for ages. It was "floated" by the French; then EADS pointed out that it would kill most of their TBM market and the French govt, which always does what big French industry wants, shelved it.

It would also kill off the fractional bizjet operations.

It's not illegal; the USA forces non-N-reg planes to go N-reg within 6 months, I believe.

The UK may well implement something which does a lot of damage but I doubt many other EU states would.

It would also be easy to circumvent; the fractional operations would merely need to rotate their fleet via a non-EU location - easy with a bizjet whose range is more than adequate. Even Jersey would do just fine :O

drauk 12th Oct 2004 22:02

UV, I think you've got the wrong end of the stick. I said why not just get an FAA licence issued on the back of your UK one. You said that won't work because you need a UK medical to keep it current. No debate that you need a UK medical but my whole point was that you don't ALSO need an FAA medical. You said you need two medicals and that is wrong, you don't.

I don't even pretend to understand what mean about being wrong about the BFR. If you have an FAA licence issued on the basis of your UK one you need to keep your UK licence current and you need a BFR if you want to keep your FAA licence current - surely there is no debate about that?

UV 13th Oct 2004 22:50

Drauk
Perhaps I have been given duff gen... (wouldnt be the first time)!.
I am going to look into it with the FAA, as I need to get it right for my own flying.
Thanks
UV

slim_slag 13th Oct 2004 23:38

I'd be more worried about the US authorities shutting these trusts down rather than the European ones. The US Dept of Homeland Security seems to have GA in its sights right now, security measures are getting more ridiculous all the time.

IO540 14th Oct 2004 09:44

They could shut down trusts but they can't stop you, if for example you know (and trust) somebody who is a US citizen, giving them the aircraft on paper.

The only difference is that this trusted person could run off with it. So.... somebody needs to pay for an indemnity cover. Which takes us back to the Delaware Trust situation, more or less.

The only way the USA could clobber things would be by insisting the aircraft spends a minimum time each year in the USA. This is already an issue with planes owned by US corporate bodies, I believe - though in reality there are no checks and unlike with G-reg there is no reliable database where the planes actually are sitting.

There are plane spotter websites but they are hardly going to be complete. However they could be used to compile a partial list of UK resident N-reg planes and I gather that the CAA already does exactly this.

We must be grateful for the existing privileges, in a world where practically every aspect of freedom is continually tightening up.


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