§ 297.25 - Cancellation or conditioning of registration.

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The registration of a foreign indirect air carrier may be canceled or subjected to additional terms, conditions or limitations if:

It files with the Department a written notice that it is discontinuing foreign indirect air carrier activities;

It fails to perform air transportation services as authorized;

It fails to file the reports required by this part;

A substantial ownership or control interest is acquired by persons who are not citizens of the country of citizenship of the registrant;

There is a failure of effective reciprocity; or

The Department finds that it is in the public interest to do so.