The FAA extended until August 17 the comment period for its proposed policy regarding the registration of aircraft to U.S. citizen trustees in situations involving non-U.S. citizen trustors and beneficiaries. As part of its review of non-citizen trusts, the FAA published its proposed policy clarification on February 9 on use of non-citizen trusts to register aircraft in the U.S. The FAA also held a public hearing on this subject on June 6 and has now publicly released a slide presentation it made at that meeting. Comments can be sent to email@example.com.
The FAA is extending the comment period until August 17 for its proposed policy regarding the registration of aircraft to U.S. citizen trustees in situations involving non-U.S. citizen trustors and beneficiaries.
In response to scuttlebutt that the FAA had ceased processing aircraft registrations for foreign-owner trusts, the agency sent a letter to a group of stakeholders clarifying that it has not imposed any moratorium on the issuance of pending or future registrations involving non-citizen trusts.
The FAA has begun investigating the use of aircraft owner trusts to obtain valid registration where the trust beneficiary is a non-U.S. citizen, and the agency has stopped processing aircraft registrations that are based on the use of non-citizen owner trusts.