Tag: part 145 certificate
Purchasing an Existing Part 121, 135, or 145 Certificate: Part 2 – Steps in Purchasing or Applying for a Certificate
There are many considerations to take into account prior to purchasing an existing 121/135/145 certificate. We recommend that you work with an experienced aviation law firm and understand the costs for this process up front […]
Have you ever wondered whether to purchase an existing Part 121 (Airline Certificate), Part 135 (Charter Operator Certificate), or Part 145 (Repair/Service Facility Certificate) from an experienced operator? This can be a viable alternative to starting from scratch and beginning the process to obtain a new certificate. The advantage to purchasing an existing certificate is that doing so allows operators to immediately carry over their business, instead of having to wait two years or more when going through the standard Federal Aviation Authority (FAA) application approval process. The following is an overview of what you need to know if considering purchasing an existing certificate.