The Private Jet Company - TPJC - Accelerates Multiple Business Aircraft Transactions After Government Re-Opens FAA Services
FAA re-starts US Aviation and National Airspace Systems services after the partial Federal Government shutdown comes to an end and FAA staff works to clear the accumulated 35 day backlog.
PALM BEACH, Fla., Feb. 6, 2019 /PRNewswire-PRWeb/ -- The FAA continued only essential services to ensure US aviation and national airspace systems operated safely and efficiently with normal oversight during the recent 35 day shutdown. The backlog of Private Jet transactions built up during those 35 days of partial staffing will take weeks or in some cases possibly months to resolve, as U.S. air traffic control systems become fully operational once again.
During the recent 35 day partial Government Shutdown FAA funding was limited by Federal law and the FAA was only able to provide services deemed "Essential".
With the 2018 passage of the FAA Reauthorization Act, the FAA Aircraft Registration Branch in Oklahoma City, the Registry, has been deemed an essential service and has operated during the shutdown. As an "essential" service, the FAA Registry will also operate during all future government shutdowns. The Registry is currently processing aircraft transaction registration documents and aircraft registration renewals received seven weeks ago, which is slightly behind the FAA's traditional 4-6 weeks period to issue registration documents. FAA Bills of Sale and FAA Registration Applications were also being recorded during this shutdown period.
Much of the FAA's administrative functions suspended have now been re-activated again trying to quickly clear the accumulated backlog along with handling new requests coming in daily.
Issuance of new Airman certificates and type ratings are now once again being issued. Owners of recently acquired aircraft may experience delays longer than usual associated with initiating flight operations as backlogged aircrew ratings are once again being issued or renewed, along with FAA medical certificates.
The Flight Standards District Offices (FSDOs) also re-opened, so Part 135 charter operators can schedule the FSDO review of their aircraft conformity books and final inspections of aircraft to be added to their charter certificates.
Special Flight / Ferry Permits are being issued and First Flight Lease notification are no longer impaired, rather possibly delayed.
The issuance of FAA Letters of Authorization, or changes to existing Letters of Authorization, are being issues as quickly as possible, including the initial authorization and renewal for Reduced Vertical Separation Minimum (RVSM) and Required Navigation Performance (RNP) operations.
FAA Aircraft Certification Offices are being re-opened and no longer disrupting, rather possibly delaying somewhat the certification of newly delivered aircraft.
The importation of aircraft purchased outside the US is no longer suspended, though may be somewhat slower than usual due to the existing backlog of applications.
Designated Airworthiness Representative (DAR) oversight is no longer delayed for normal DAR oversight.
The FAA Aeronautical Central Counsel Office is once again open for normal business, though slowed down due to the in-pipeline backlog resulting from the 35 day shutdown. FAA legal opinions related to US registered aircraft owned in trust, especially non-US citizen trusts, are once again being issued as quickly as possible, along with Non-routine aircraft registrations that require FAA counsel opinion.
The National Business Aviation Association (NBAA), a trade association that lobbies on behalf of the interests of private and corporate jet owners, created a web page dedicated to cataloging the impact of the 35 day shutdown on business aviation.
https://nbaa.org/aircraft-operations/the-government-shutdown-and-business-aviation/
The Private Jet Company has closed a number of aircraft transactions for both buying and selling customers during the partial government shutdown and continues to do so without any undue delays now that FAA operations are back in full action once again.
The Private Jet Company is happy to see an end to the shutdown that was the cause of this partial government shutdown and disruption of normal private aviation activities. The wide-ranging civil aviation industry, which includes business aviation, contributes approximately 7 percent of the U.S. economy with an annual economic impact of $1.5 trillion dollars and over 11 million jobs.
SOURCE The Private Jet Company
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