Operators who own a share of an aircraft are to be included in the International Registry of Mobile Assets (IRMA), giving them the same Cape Town Treaty protection sole owners have had since March 2006. IRMA management company Aviareto plans to announce this month that it will permit registration of multiple owners in a single aircraft.
Anyone who has purchased an aircraft or airplane engine knows the process is complicated, especially when you consider the mountain of paperwork through which buyers and sellers are often required to navigate. Add in changes in the registration process and you’re sure to find more than one confused aircraft seller, buyer or broker.
After a Hendrick Motorsports King Air 200 crashed into Bull Mountain on Oct. 24, 2004, while attempting a missed approach at Martinsville/Blue Ridge Airport in Virginia, Nascar race team flight departments took a fresh look at the safety of their operations.
Part 135 operators and charter management entities will be affected by a proposed policy guidance involving wet leases.
Last month this column looked at safety management systems (SMS) and considered why the industry is embracing them. This month focus shifts to the key elements of such systems and their contribution to the industry’s livelihood.
Beginning March 1, aircraft purchasers, sellers and lenders in the U.S. will be required to comply with the Cape Town Convention on International Interests in Mobile Equipment and the Aircraft Protocol. Covered under the treaty are airplanes certified with eight or more total seats and helicopters certified with at least five seats and with engines rated at 550 horsepower or more.
Since its Web site opened for aircraft registrations on March 1, the new International Registry of Mobile Assets, more commonly referred to as the Cape Town Treaty, has found few supporters within the business aviation community. Now Sen.
In an effort to encourage users to take advantage of its online Event Reporting safety-management system, the Helicopter Association International (HAI) recently eliminated the $300 subscription fee and made the system free to anyone who wants to use it.
While safety is at the top of her list of priorities, new Transportation Secretary Mary Peters told the third annual FAA International Aviation Safety Forum early last month that President Bush has charged her with modernizing the U.S. ATC system, “including new approaches to funding to deal with our aging infrastructure.”
Repair station operators have a new option when considering ways to meet the new FAA training requirements. Avstar Media of Addison, Texas, has released a computer-based training program to assist FAA-certified repair stations with the initial and recurrent training requirements set forth in the latest revision of 14 CFR Part 145.