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FAA enforcement action

Prince & Reny succeeded in selling 18 of the 30 aircrafts in last two days!

My observation from the sideline: 18 ASA Aircraft just changed hands in last two days. FAA records indicate 13 ASA aircraft changed hands on August 04 2008 and 5 additional ASA aircraft changed hands on August 05, 2008. While the students and other creditor’s lawyers are trying to secure the assets of ASA, Prince and …

Prince & Reny succeeded in selling 18 of the 30 aircrafts in last two days! Read More »

N1482M Cessna-172/A was flying this evening again.

My view from the sideline: N1482M Cessna-172/A was flying this evening again. Is that you Prince? ……Didn’t think so. (incidentally this is the only ASA aircraft that seems to be properly registered as Foreign Corporation on its registration certificate. For more details about the ASA aircraft registration, read my recent thread under the heading Splitting …

N1482M Cessna-172/A was flying this evening again. Read More »

Splitting hairs on the ASA aircraft registration

My view from the sideline: Synopsis: American School of Aviation, Inc. is a California corporation with its president and other corporate officer(s) are not U.S. citizen. Title 14 CFR Part 47 of the Federal Aviation Regulations (FAR) governs the requirement related to the civil aircraft registration in the US Part 47.3 stipulates Registration required. Part …

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