14 CFR §294.50
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The registration of a carrier subject to this part may be revoked, canceled, suspended, modified, or otherwise subjected to additional terms and conditions by the Department if:
- (a)The carrier files with the Department a written notice that it is discontinuing operations;
- (b)The carrier is the holder of a section 41302 permit to perform large aircraft charters under the Agreement;
- (c)Substantial ownership or effective control is acquired by persons who are not (1) citizens of Canada, (2) the Government of Canada, or (3) a combination of both;
- (d)The Government of Canada terminates or suspends authority it granted to the registrant to conduct charter air service between the United States and Canada.
- (e)The Agreement between the two countries is terminated;
- (f)The registrant fails to have proper insurance coverage, or fails to file or keep a current insurance certificate on file with the Department;
- (g)The registrant fails to comply with the terms, conditions, or limitations of this part;
- (h)The carrier's operations specifications issued by the FAA are suspended or terminated;
- (i)The Department finds that it is in the public interest to do so.