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Wednesday, April 3, 2013

FAA Renews Small Aircraft Exemption for NBAA

FAA has issued a two-year renewal of Exemption 7897, which allows operators of small aircraft who are National Business Aviation Association (NBAA) members to take advantage of Part 91 cost reimbursements options usually reserved for operators of larger turbine-powered aircraft.

The exemption allows operators of piston-powered aircraft, small aircraft and rotorcraft to use limited cost-reimbursement for certain flights allowed under Part 91, Subpart F of the federal aviation regulations, according to NBAA.

For non-NBAA members, the cost-sharing options available under Part 91 F are only applicable to aircraft with a maximum takeoff weight of more than 12,500 pounds. The renewal is valid through March 31, 2015.

NBAA said the exemption is beneficial for its members because it allows operators to recoup a portion of the associated costs when transporting a guest on a company aircraft, use of an aircraft by a subsidiary company and for the use of time-sharing, interchange and joint ownership agreements. More

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