FAA Introduces Final Rule for Aircraft Re-Registration and Three-Year Renewal

Following the Federal Aviation Administration's (FAA) notice of proposed rulemaking on the re-registration of existing aircraft registrations and renewals of existing and new registrations on a three-year continuing basis, the FAA issued a final rule on July 9, 2010. Although the final rule changes some items from the notice, for the most part, it conforms with the re-registration changes which were initially proposed in the notice.

This update:

• provides an overview of the final rule, which will come into effect on October 1, 2010;
• discusses notable changes from the notice; and
• explores important action items that aircraft owners should immediately consider and implement to comply with the final rule and maintain their aircraft's registration.