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Government Shutdown Jeopardizes Aircraft Sales

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Key Takeaways:

  • The government shutdown has closed the FAA's aircraft registration office, halting all new and used aircraft sales transactions and deliveries.
  • This closure jeopardizes over $1 billion in airplane deliveries and threatens thousands of U.S. small businesses in the aviation industry.
  • If the shutdown persists, it will also prevent the renewal of expired aircraft registrations, potentially grounding thousands of planes monthly.
  • Aviation industry leaders are urgently advocating for the reopening of the FAA office, though legislative efforts face political hurdles.
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The government shutdown has put a temporary halt on aircraft sales transactions after the FAA’s registration office in Oklahoma City was ordered closed on October 1. If the shutdown drags on and the FAA office remains shut, more than $1 billion worth of airplane deliveries could be in jeopardy, aviation industry leaders warn.

The National Business Aviation Association sent an urgent letter to President Obama and Congress spelling out the dire consequences the shutdown could have on the ability of aircraft manufacturers to deliver their products.

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