“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
FAA explains rules for flying candidates
The FAA has responded to a query about the Honest Leadership and Open Government Act of 2007, which changed the law with respect to what candidates for federal
election must pay when traveling on noncommercial aircraft. The act requires presidential, vice presidential and senatorial candidates to reimburse the aircraft provider at the fair market charter rate, while House of Representatives candidates are prohibited from traveling on a non-Part 135 aircraft unless they are operated by the federal or a state government or owned by the candidate or immediate family members. However, current Federal Election Commission (FEC) regulations regarding reimbursement are inconsistent with the act, leaving operators uncertain about whether they can accept reimbursement. In its written response, the agency said Part 91 operators can accept reimbursement based on the act while FEC regulations are being revised.