FuryFB11 wrote:
Isn't there a FAA ruling about using limited category aircraft for joyrides? I remember reading the FAA found issues with Thom Richards and Collings last year.
I guess it would make sense for them to lease to a UK operator and take a slice of the profits.
The Collings Foundation previously had an Exemption Letter which allowed them to sell rides for money. That was rescinded by the FAA after an initial investigation shortly after the crash, so they can no longer sell rides in their Limited and Experimental category aircraft.
Thom Richards never had an Exemption Letter and was giving flight training and rides in his P-40 illegally, according to the FAA. He was given a "cease and desist" letter by them to stop those activities.
Both of these cases are extremely similar as they are relying on the same legal basis for their justification. These cases are going before a judge to determine who wins. Whoever the winner is, and they will both be the same verdict, imo, will set a legal precedent that will determine these types of operations for many, many decades in the future.
I have no inside information on all of this, but my guess is that Collings is leasing their P-40 to the group in the U.K., since they can still make money off of it. Right now, the P-40, and indeed almost all of their aircraft, are making zero money sitting on the ground. Collings can lease the P-40 and still make a cut of the profit from the U.K. group, depending on their arrangement. A lot of people are not aware that Collings has leased their aircraft to other groups before, so this is nothing new for them. It's simply another avenue at generating income. I don't see how one can draw negative inferences about this, other than Collings is switching "business models". When you can't make money yourself, you lease the aircraft to other groups that can make the money for you, indirectly - all legal and aboveboard. In this case, it is much, much easier for U.K. operators to sell rides. Their CAA requirements in England are much less stringent than FAA requirements here in the States. That does not mean they are less safe, just less regulations and red tape to deal with.
It will be interesting to see how all of this plays out. There is a tremendous amount at stake in these legal cases that will impact the next several decades, dependent upon how the NTSB and FAA decisions are decided.