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NBAA Releases New
Guide On Reimbursement Of Flight Expenses By Daniel Guevarra |
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December 7, 2011 - 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 National Business Aviation Association (NBAA) has produced an important new guide that 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. |
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?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 (For
a free copy).
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