[Code of Federal Regulations] [Title 14, Volume 4] [Revised as of January 1, 2002] From the U.S. Government Printing Office via GPO Access [CITE: 14CFR298.24] [Page 257] TITLE 14--AERONAUTICS AND SPACE CHAPTER II--OFFICE OF THE SECRETARY, DEPARTMENT OF TRANSPORTATION (AVIATION PROCEEDINGS) PART 298--EXEMPTIONS FOR AIR TAXI AND COMMUTER AIR CARRIER OPERATIONS--Table of Contents Subpart C--Registration and Reregistration for Exemption Sec. 298.24 Cancellation of the registration. The registration of an air taxi operator or commuter air carrier may be canceled by the Department if any of the following occur: (a) The operator notifies the Department that it is ceasing operations; (b) The operator's insurance coverage changes or lapses; (c) The operator fails to file an amended registration when required by Sec. 298.23; (d) The operator's operating authorization is revoked by the Federal Aviation Administration; (e) In the case of a commuter air carrier, the Department finds that the carrier is not fit, willing, and able to conduct scheduled service. [ER-1213, 46 FR 12478, Feb. 17, 1981, as amended by Docket No. 47939, 57 FR 40103, Sept. 2, 1992]