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Quick Question: Tax Accounting for Parts Inventory

As part of the tax reform debate, Congress is considering changing inventory accounting rules and getting rid of the last-in, first-out (LIFO) method.  Companies currently using LIFO could face significant…Read More

ARSA, Allies Take Voluntary Surrender Fight to Congress

On June 18, an ARSA-led coalition of aviation interests asked Congress to direct the FAA to reinstate the right of a repair station to voluntarily surrender its certificate. In its…Read More

ARSA, Industry Partners Help FAA Reconstruct Recordkeeping Guidance

On June 12, an ARSA-led coalition of ten industry partners submitted a complete rewrite of the agency’s proposed Advisory Circular 43-ARTS, “Use of FAA Form 8130-3 for Approval to Return…Read More

ARSA, Industry Partners Help FAA Reconstruct Recordkeeping Guidance

On June 12, an ARSA-led coalition of ten industry partners submitted a complete rewrite of the agency’s proposed Advisory Circular 43-ARTS, “Use of FAA Form 8130-3 for Approval to Return…Read More

Quick Question: Parts Importation

Several ARSA members have approached the association about problems importing aircraft parts into the United States for repair.  Inconsistent application of customs rules has resulted in repair stations paying import…Read More
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