Kerry Lynch stepped into the role of editor of the&nbsp;Aviation International News&nbsp;monthly magazine in May 2022 after serving with&nbsp;AIN&nbsp;for eight years. She joined&nbsp;AIN&nbsp;in December 2014 as a senior editor covering Washington and business aviation news. She has also served on Convention News teams, including as editor of&nbsp;HAI Convention News. Lynch previously spent 25 years with Aviation Week. During her time there, she reported for and later steered&nbsp;The Weekly of Business Aviation, oversaw business aviation content on the&nbsp;Aviation Week Intelligence Network, served on the&nbsp;Show News&nbsp;staff, and held roles as the Washington columnist for&nbsp;Business &amp; Commercial Aviation&nbsp;and&nbsp;Overhaul &amp; Maintenance&nbsp;monthly magazines. In 2021 she was honored with the National Business Aviation Association Platinum Wing Award for lifetime achievement in journalism and was the 2004 recipient of the National Air Transportation Association’s Aviation Journalism Excellence Award. She also has been a recipient of an Aerospace Media Award for business aviation (2022) and NBAA Gold Wing Award (2003, 2024). Lynch graduated from The Ohio State University with a bachelor of arts in journalism.

Editor, AIN monthly magazine

Kerry Lynch

The National Aircraft Finance Association (NAFA) is warning that a recent FAA security and privacy order could result in delays and a lack of transparency surrounding aircraft transactions and registration. <a href="https://govtribe.com/file/government-file/j-dot-023-faa-order-1370-dot-121b-faa-information-security-and-privacy-policy-dot-pdf">FAA Order 1370.121B</a>, “FAA Information Security and Privacy: Policy” essentially bars the disclosure of personally identifiable information (PII).
As such, the FAA’s Civil Aviation Registry has removed electronic access to “Work in Process” (WIP) documents, NAFA said, pointing to an FAA statement that “After consultation with the FAA Privacy Office, it has been determined that, because documents in WIP have not been reviewed for PII or accepted into the aircraft record, the Registry can no longer provide access to these documents.”
The move is designed to protect disclosure of personal information in unprocessed documents before they are reviewed, NAFA said. But historically, the association added, closing agents could view the WIP documents to ascertain what is being filed, by whom, and the impact it could have on closing.
With the changes, closing agents will not have visibility into the documents until they are processed. NAFA estimated this could take a dozen or more days from the time a document is filed. Indexes of all filed documents remain available and are updated each working day. So closing agents will know whether documents are filed, just not the contents until they are processed.
NAFA explained that this includes filings by other lenders, claims of liens, bills of sale, and other documents that could affect a transaction. The result could hinder due diligence while documents are processed, further delay and add complexity to the import process, and stall closings, increasing transaction costs and introducing risk, according to the association, which cited expertise from Scott McCreary with McAfee &amp; Taft.

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

NAFA: FAA Privacy Safeguards Could Delay Aircraft Sales Transactions

FAA is withholding access to documents still in process at the Aircraft Registry

A move to block access to unprocessed documents filed at the Aircraft Registry could delay transactions and make them less transparent, NAFA said.

NAFA: FAA Privacy Safeguards Could Delay Aircraft Transactions

2024 Corporate Aviation Leadership Summit

Charles Alcock

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