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Advertisement Sec. 119.61 - Duration and surrender of certificate and operations specifications. (a) An Air Carrier Certificate or Operating Certificate issued under this part is effective until -- (1) The certificate holder surrenders it to the Administrator; or (2) The Administrator suspends, revokes, or otherwise terminates the certificate. (b) Operations specifications issued under this part, part 121, or part 135 of this chapter are effective unless -- (1) The Administrator suspends, revokes, or otherwise terminates the certificate; (2) The operations specifications are amended as provided in §119.51; (3) The certificate holder does not conduct a kind of operation for more than the time specified in §119.63 and fails to follow the procedures of §119.63 upon resuming that kind of operation; or (4) The Administrator suspends or revokes the operations specifications for a kind of operation. (c) Within 30 days after a certificate holder terminates operations under part 135 of this chapter, the operating certificate and operations specifications must be surrendered by the certificate holder to the certificate-holding district office.
Previous: Sec. 119.59 - Conducting tests and inspections.
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