Regulations and Government
Government Shutdown Halts Aircraft Sales Transactions
U.S. Capitol Building (Photo: Fotolia/trekandshoot)
© Fotolia/trekandshoot

The “partial” U.S. government shutdown that began on Tuesday as a result of a congressional budget impasse has had a more profound effect on business aviation than initially anticipated by industry watchers. What caught observers, including GAMA, off guard was the closure of the aircraft registration office in Oklahoma City, a move that has paralyzed both new and pre-owned aircraft sales transactions.