FAA reviews transparency of US aircraft registry

The US Federal Aviation Administration (FAA) is reviewing options to increase ownership transparency in the face of criticism in the Boston Globe concerning the difficulty of identifying the real owners of aircraft owned through trusts or limited liability companies. FAA Aeronautical Centre counsel A L Haizlip told the NBAA Business Aircraft Finance, Registration and Legal Conference, that the FAA “wants to provide as much transparency as possible” while also giving consideration to owners’ privacy concerns. Acknowledging that these were personal observations, Haizlip noted that one option would be to collect owner identity information along with details of aircraft holding agreements. Such information would not be available as part of a public register but might be subject to freedom of information requests.

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