75% of the world's aircrafts' are N-registered. Thousands of private aircrafts only in Europe. This has more than one cause:
The American FAA requirements are less bureaucratic and are mostly oriented on the required safety measures.
Many maintenance tasks are totally superfluous, from the engine manufacturer there are not prescribed and for other CAA's they may be a requirement. Since the immense and unnecessary cost go on behalf of the owners, the bureaucrats, mostly uninformed, do not bother at all.
These unnecessary costs increase the price of the already expensive flying.
The annual avionic inspection drop out..
The problem with the RegTP (radio use EMV, etc.) do not apply.
Many maintenance tasks are totally superfluous, from the engine manufacturer there are not prescribed and for other CAA's they may be a requirement. Since the immense and unnecessary cost go on behalf of the owners, the bureaucrats, mostly uninformed, do not bother at all.
Many parts of the aircraft have a time limit, and have to be exchanged , even though they are still in perfect shape. These 'time limits' are more and more scarce in FAA registered aircrafts.
There are STC= supplemental type certificate for far more (N)aircraft types , that other CAA's do not recognize, and if, only with a high cost.
Many more modifications and easier and more affordable to do.
The FAA allows more self-initiative with maintenance, since this can lower the cost considerably.
Equipment requirements are not as restrictive as with other CAA's, including the time frame.
One expects more own responsibility, to be able to fly more secure and economically.
The Airworthiness Certificate has no expiration date and the aircraft will only be inspected once by the FAA.
The aircraft has only to have an annual inspection, if it gets flown. If it is not flown for any reason, there is no annual inspection necessary. The same goes for the insurance. If you dont fly the aircraft in the winter time, you can suspend the insurance for this period. The is no need to advice the aviation authority (CAA).
There is no insurance tax.
If you are looking for an aircraft, you have much more choice, and if you want to sell it, there is a bigger market.
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