On Wed, 11 Feb 2004 18:26:53 -0800, "C J Campbell"
wrote:


I would think that there is something not right about the deal. There are
lots of airplanes out there. Let the bank keep theirs.

I would tend to agree.

Have been involved in several de-register/re-register jobs. Really
doesn't matter whether the original airworthiness certificate is still
intact or not-if the Federales say its no good-it's no good.

In the cases I dealt with, the original airworthiness was
surrendered/de-registered, the aircraft was re-registered
experimental/r & d. McCauley was using them for testbed aircraft for
propeller conversions.

After they were done with their testing, I had to go back down, meet
with the local Fed, and sign off on a new application for a standard
(or whatever was applicable) airworthiness certificate. Basically, was
signing the app, certifying that the a/c was compliant with the type
certificate (or suitably modified from same), the equipment list/w & b
was current, all AD's were "in compliance".

Then we got a brand spanking new certificate, with the date of
issuance (sp?) being the date they handed it to me.

Have also had 'em fall apart (literally) in the airplane, then the
Feds come down, look things over, shuffle some paper, and give you
another certificate. It's been awhile, but pretty sure that they were
marked "replacement".

Have done a ton of pre-buys over the years, come across a lot of
heinous stuff. Can't say that the only "red flag" ever raised was a
new/replacement airworthiness cert.

Most of the guys rebuilding wrecks are smart enuff to avoid that.

Regards;

TC