Originally Posted by
flyingreasemnky
He can probably sell of the RP cert for a decent profit as well because it already has Saabs, 145's, CRJ's, and 170's on it.
The laws have changed in regard to the sale of air carrier certificates in the United States after Independence Air sold it's operating certificate to Northwest, which ultimately became Compass.
The if an entity is not actively operating, its 121 certificate MUST be surrendered to the FAA.
Example: Skybus, Colgan, Mesaba, Freedom, AirMidwest, Midwest, Lynx, ATA, Champion
It would be like me buying your drivers license without proving to any authority that I knew what the hell I was doing.