FAA Issues Final Rule — Comprehensive Changes to Aircraft Registration Requirements

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Many Canadian businesses are affected by U.S. aviation regulations – either directly through U.S.-subsidiaries that operate aircraft in the U.S., or as lenders to U.S. aircraft-financing customers. The U.S. Federal Aviation Administration (“FAA”) very recently enacted a “game changer” regulation that significantly and substantially changes the registration procedures for U.S.-registered civil aircraft.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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