Regulations and Government
NATA Questions Risk of Potential Ownership Rule Change
The association said a bill to allow an increase foreign ownership in U.S. air carriers would represent a significant change for Part 135 carriers.

The National Air Transportation Association (NATA) is carefully reviewing a bill that would enable increased foreign ownership in U.S. air carriers, questioning whether such a change would introduce certain risks. Rep. Dave Brat (R-Virginia), a member of the House Travel and Tourism Caucus, last week introduced the Free to Fly Act (H.R.5000), calling for a reduction in the mandatory U.S. ownership requirement for U.S. air carriers from 75 percent to 51 percent. The bill further would alter the requirements of the makeup of an air carrier board from two-thirds U.S. citizens to 51 percent.