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Despite Outcry, FAA Registry Remains Closed

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Key Takeaways:

  • The partial government shutdown has closed the FAA registration office, paralyzing aircraft sales, imports, and exports, preventing hundreds of millions of dollars in transactions.
  • Aviation industry leaders are urgently lobbying lawmakers to reopen the FAA Registry, highlighting the severe economic impact on the heavily regulated business aviation sector and its many companies.
  • Despite these efforts and warnings of over $1 billion in affected deals if the shutdown continues, the situation remains unresolved due to ongoing contentious government negotiations.
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As the partial government shutdown drags on into its third week, aircraft manufacturers, brokers and dealers are still being hamstrung by the closure of the FAA registration office in Oklahoma City,which is preventing hundreds of millions of dollars worth of aircraft sales transactions from closing.

Aviation leaders, exasperated by Washington’s inaction to remedy the situation, held a rally last week on Capitol Hill to urge lawmakers to allow “vital aviation services” to resume by reopening the FAA Registry.

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