The FAA released clarification on the exemption to “holding out” for “compensation or hire” and provided some necessary guidelines for expense sharing.
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For many, the idea of donating such an expensive asset is difficult to grasp. But when considered against the costs and effort associated with servicing and operating an older aircraft with upcoming inspections, near term life limited parts and dwindling new parts inventories, the option of donating your aging aircraft may start to make sense. Here is an article I co-wrote with another aviation professional on the 'hows and whys' of donating aircraft.
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So, what happens when a pilot believes his or her PRIA file contains something false or outside the scope of what was intended by PRIA?
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