Fri, Dec 02, 2011
Informative Handbook Is "Essential Reading" For
Owner-Pilots
The NBAA has produced an important new guide that it
says is essential reading for any owner-pilots that operate a
business aircraft. The handbook, the latest resource in NBAA's
efforts to support Light Business Airplane (LBA) operators,
provides comprehensive information about reimbursement of flight
expenses.
The 15-page NBAA Reimbursement of Flight Expenses for
Owner-Pilots Handbook is intended to help NBAA Members understand
the accommodations and limitations that the Federal Aviation
Regulations (FARs) allow for both private and commercial
owner-pilots, including requirements relating to humanitarian or
non-profit flights.
"The regulations governing expense reimbursement can be difficult
to understand and will vary depending on the level of pilot
certificate held and the certification of the aircraft operation,"
said Mike Nichols, NBAA's vice president of operations, education
& economics. "This guide provides much-needed clarity on the
regulations and legal interpretations covering reimbursements of
flight expenses, such as airplane fuel costs, which is particularly
important to owner-operators."
Commercial pilot privileges and limitations are also covered in
the handbook, as is NBAA Exemption 7897, or the Small Aircraft
Exemption, which allows entrepreneurs flying small aircraft to use
the rules in FAR Section 91.501 for large and turbine-powered
multiengine aircraft, for certain specified operations.
Also included in the handbook is an easy-to-read and comprehensive
Reimbursement Summary Table for both private and commercial pilots,
which makes it easy to look up the reimbursement regulations
covering the type of flight and reimbursement, and by whom that are
allowed by the FARs.
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