133 operating certificate

[jkk]

I am curious to how much $$ these are going for if buying private sale. Does any one know any for sale? Also, I have heard that the FAA is not issuing any 133 & 135 certs. Any information would be helpful.

[iChris]

I am curious to how much $$ these are going for if buying private sale. Does any one know any for sale? Also, I have heard that the FAA is not issuing any 133 & 135 certs. Any information would be helpful.

 

Yes, you can buy an existing operation in the open market and bypass the long drawn-out certification process. As in any free market, the price is determined by the consent between seller and buyer. The laws and forces of supply and demand along with the seller’s motivation to sell are therefore relevant in negotiating price.

 

Example:

NW BASIC HELICOPTER 135 &133 • $150,000 • ASKING PRICE SLASHED • Northwest Helo Part 135 & 133. Fly Robinson helicopter with Repair Station. Price for company only. • Contact Joshua C. Dobbins - SELL PART 135 LLC, Broker - located Atlanta, GA USA • Telephone: 4046626250 . • Posted October 11, 2014

 

There are three types of Part 135 certificates: From low to high, Single Pilot Operator, Single Pilot in Command, and Basic. Single Pilot Operator’s are not required to maintain manuals, training programs, or management positions. However, the FAA doesn’t make it easy, some have worked 2-3 years to get their Basic 135; however, at the other end, 2-3 months for a Single Pilot Operator 135.

 

You can still do an initial and go through the full certification process outlined in the 8900.1, Volume 2, Chapter 4 and Chapter 7.

 

Volume 2:

Chapter 4 (Part 135)

Chapter 7 (Part 133)

 

Flight Standards Information Management System (FSIMS) 8900.1

Edited November 7, 2014 by iChris

[rotormatic1]

The FAA does not allow a change of ownership of a 133 certificate...

 

B. Amendment. The CHDO generally processes amendments to a part 133 operator’s

certificate. The FAA may also amend an operator’s certificate, in the interest of safety in air

commerce, as the result of actions taken under Title 49 of the United States Code (49 U.S.C.)

§ 44709, and 14 CFR part 13.

 

1) Examples of amendments or approval of operator amendments:

 WebOPSS authorizations: additional authorization, no longer qualified for

authorization.

 

 RLCFM: a change in procedures, add a class of operation.

 

 Certificate: add or delete class authorization, a change to the rotorcraft list

attached to the certification, a change of name (not ownership).

 

From page 5 of this chapter in 8900.1:

 

http://fsims.faa.gov/wdocs/8900.1/v03%20tech%20admin/chapter%2051/03_051_001.pdf

 

If you want the certificate, you have to buy the company that is named on the certificate...

[iChris]

The FAA does not allow a change of ownership of a 133 certificate...

 

If you want the certificate, you have to buy the company that is named on the certificate...

 

That's correct, you buy a Part 133, 135, or 145 company and you become the new owner. The same holds if an owner dies and a new owner takes over. The new owner takes control and if desired, can then change the companies name.

 

3-3633 AMENDMENT OF A CERTIFICATE: OPERATOR-INITIATED AMENDMENT. A new certificate number is not required when there is a change in ownership or operator name. When the PI is ready to prepare the new certificate, contact the Aviation Data Systems Branch (AFS-620) and give an explanation of the changes. In rare cases where the certificate number does change, the designator element of the certificate number will remain the same. The type certificate (TC) code and the numeric or alpha suffix element should be appropriately changed to form the new certificate number

Edited November 8, 2014 by iChris

[rotormatic1]

The FAA does not allow anyone to sell a 133 certificate. The quote above is not related to 133 certificates.

 

Certificate: add or delete class authorization, a change to the rotorcraft list

attached to the certification, a change of name (not ownership).

[iChris]

The FAA does not allow a change of ownership of a 133 certificate...

 

If you want the certificate, you have to buy the company that is named on the certificate...

 

The issue is with your first statement. There is a FAA related path to change ownership of a 133 certificated business. You alluded to that path in your last statement.

 

The FAA does not allow anyone to sell a 133 certificate. The quote above is not related to 133 certificates.

 

Certificate: add or delete class authorization, a change to the rotorcraft list

attached to the certification, a change of name (not ownership).

 

The FAA takes the position that a 133 certificate is not an asset of the certificate holder that can be bought or sold. Therefore, if the certificate holder wants to sell a Part 133 business, an asset purchase will not suffice.

 

However, this is now we've done it in the past, if the certificate holder is a corporation or limited liability company (LLC) which remains intact and there is a transfer of ownership of stock only, recertification is not required because of the stock transfer. In other words, you can sell the whole Part 133 business, but not the certificate, as you alluded to in your following statement:

 

"If you want the certificate, you have to buy the company that is named on the certificate..."

 

Certificate: add or delete class authorization, a change to the rotorcraft list

attached to the certification, a change of name (not ownership).

 

The above statement by no means constitutes a restriction to the change of ownership. That section relates to general amendments to the certificate not ownership changes. Ownership changes are not handled as standard simple amendments.

 

Amendment of a Certificate. The amendment of a certificate is a change to the information on the face of the document, usually as the result of a name change or administrative change.

Edited November 9, 2014 by iChris

[Chrismorris]

 

Under 133.11 rule requires that no person holding a Rotocraft External Load operator certificate may conduct Rotocraft External Load operations subject to this part under a business name that is not on that certificate. 133 certifcate is for those who will perform helicopter external load towing operations and for those performing helicopter sling load operations by mean of external carriage, lowering, or picking up, of a load, cargo, or passengers by a helicopter by means of a bucket, net, harness, sling, or stretcher, suspended beneath the helicopter.