After nearly ten years of work, the FAA has finally issued a new set of comprehensive regulations governing “air charter brokers” and how they operate. According to the Department of Transportation, these new rules are intended to “facilitate innovation and growth in the air charter industry while strengthening the legal protections provided to consumers of charter air transportation.”
In addition, in 2019, the FAA and DOT will be conducting increased surveillance, oversight, and enforcement of charter operators and brokers.
The new regulations, which go into effect on February 14, 2019, come at a time when the aircraft charter market is leading the resurgence in domestic business aviation.
According to one report, charter activity during the first half of 2018 was up by more than five percent, putting it at levels not seen in more than a decade. That demand is only going to increase, with estimates that the global charter market will hit revenues of $31 billion between 2018 and 2022.
For this 90 minute complimentary webinar, LeClairRyan’s Aviation Team invites you to join us as we unpack these new regulations and explain what you must, can, and cannot do. Among the questions we will answer are:
CONTINUE READING . . .