The FAA’s privacy initiatives risk undermining one of the aircraft registry’s core purposes—identifying the true owner—a panel of business aviation experts said last week at the Corporate Jet Investor Miami conference, Vedder Price shareholder Eddie Gross moderated the panel, which discussed the balance between privacy and transparency in U.S. aircraft registration, as well as if the registry is “losing its attraction.” Panelists Bruce Marshall of AIC Title Service, Jack Gilchrist of Gilchrist Aviation Law, and Scott McCreary of McAfee & Taft also explained how new rules under the FAA Reauthorization Act of 2024 might reshape aircraft transactions and industry market intelligence.
Marshall dismissed the notion that the FAA registry is losing relevance, calling it “one of the gold standards” that continues to add value to aircraft ownership. He noted that while about 50,000 to 60,000 aircraft were removed during the FAA’s three-year re-registration cycle starting in 2010, the registry has since grown to more than 307,000 aircraft. He said the registry remains among the world’s most important because its ownership history gives buyers and lenders confidence that they are dealing with the true owner of an aircraft.
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