Sunday, 26 October 1997 Bill Wunsch wrote to Keith Jillings
KJ>> ... and now operates happily as a US carrier under sensible rules.
BW> I wonder if that is like having your merchant ship registered
BW> in Bermuda.
Similar concept, for sure. Registering shipping in Bermuda, Liberia,
etc is to do with taxation (I thought) rather than the rules under
which it operates -- but could be both. My former firm registers
its non-US _aircraft_ in Bermuda but I'm not sure of all the reasons
behind that.
If we had the option, our group Piper Arrow would be N-registered.
Since we have no US citizens in the Group, the legal status would
be a tad tricky. We could pay a US citizen to be the nominal owner
(there are a few US lawyers living around the UK whose sole income
is such deals). But then insurance and other aspects start to
get complicated, and in the end it isn't worth the hassle.
But you would be amazed at some of the weird C of A requirements
we have here -- like, a VP prop has to be stripped down to bare metal
every so often, and measured, then repainted. Of course, the
stripping process reduces the thickness: after about three of
those, it's usually below the tolerances and has to be replaced
(which is quite an expense over here!). I'm told there's no
such requirement in the US. (There are many more such UK oddities!).
Greetings from Keith Jillings
.!. I know and I know you know I know.
--- Terminate 5.00/Pro *Ancient* *user*
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* Origin: Keith's Point (amen@earthling.net) (2:257/71.10)
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