Acquisition of FAA Part 135 Certificates Detailed by Stinson's Goldberg in The Air & Space Lawyer
Stinson LLP Partner Roy Goldberg authored an article for The Air & Space Lawyer, "Plane Talk: How to Obtain an FAA Part 135 Certificate Without Having to Apply (and Wait years) for a New Certificate." The article provides a briefing on transactions involving the acquisition of a Federal Aviation Administration (FAA) issued air carrier certificate.
Goldberg, a business and regulatory litigator focused on the aviation industry, details how corporate organizational techniques combined with FAA help can result in the effective transfer of a Part 135 certificate.
"If an aircraft owner wants to obtain a Federal Aviation Administration (FAA) Part 135 air carrier or operating certificate and calls and asks the FAA for advice, chances are the FAA will tell the person about the certification process," Goldberg writes. "What is often not mentioned is the fact that Part 135 certificates can be purchased from third parties, even though the FAA regulations do not allow for certificates to be sold."
He also demonstrates how transactions can be structured to preserve the certificate's fundamental value and provides practical guidance for aircraft owners wanting to acquire a Part 135 certificate from a third party.
Goldberg focuses his practice on commercial and regulatory matters with an emphasis on the transportation industry. He helps airlines and other aviation industry entities in regulatory challenges, manufacturers and importers in trade disputes, argues appeals, defends patent holders, and represents companies before arbitration panels throughout the United States and Europe.
Read the full article.
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