8HoursMining cloud mining platform, daily profits up to $9,337
Section: Business
The United States has introduced new privacy measures that will significantly impact private jet owners, as the Federal Aviation Administration (FAA) announces changes to the public register of aircraft ownership. Starting now, owners of U.S. aircraft have the option to keep their names from being publicly listed in the FAA's records.
This development comes as a response to long-standing concerns from affluent individuals, including high-profile billionaires who prefer to keep their travel details private. The FAA's recent announcement allows owners to submit requests to ensure that their identities remain confidential, and there are discussions about potentially making this information entirely private in the future.
Among the notable figures advocating for these changes is Elon Musk, who, despite his public stance on free speech, has been vocal about not wanting his private jet activities reported publicly. Similar sentiments have been echoed by other wealthy individuals such as Mark Zuckerberg, who has taken steps to limit the visibility of private flight information on social media platforms.
Historically, many wealthy individuals have already circumvented public scrutiny by registering their aircraft under intermediary companies or trusts, often linked to addresses in states like Utah, which are known for offering favorable terms for aircraft ownership. This strategy not only provides tax advantages but also allows for anonymity in aircraft ownership, as the FAA's records are primarily accessible to U.S. owners or those using aircraft within the country. For foreign owners, establishing a trust or company in the U.S. is a common practice to legally register their aircraft.
Once the application to keep ownership information private is processed, the names of these entities will disappear from the FAA's public records. However, the implications of this change remain to be seen. Even though the official ownership might not be publicly visible, the identities of these individuals are still likely to be recognized in social circles, and their aircraft registration numbers could become known through other means.
The FAA received a mandate for this privacy initiative from the U.S. Congress in early 2024 and is currently consulting with the aviation industry to determine whether concealing the legal ownership could pose challenges related to maintenance, safety inspections, or compliance with regulatory requirements.
Section: Business
Section: Arts
Section: Politics
Section: Health Insurance
Section: News
Section: News
Section: News
Section: Arts
Section: News
Section: Arts
Both private Health Insurance in Germany and public insurance, is often complicated to navigate, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.
Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.
Frisch mit dem Amadeus Austrian Music Award ausgezeichnet, meldet sich OSKA mit neuer Musik und neuen Tourdaten zurück. Ihr zweites Album ,,Refined Believer" erscheint am 20. Juni 2025 und zeigt sie persönlicher und facettenreicher denn je. Noch in diesem Jahr geht sie solo auf Tour, bevor sie...
No comments yet. Be the first to comment!