Section 298.24 - Cancellation of the registrationThe registration of an air taxi operator may be canceled by the Department if any of the following occur:
(a) The operator ceases its operations;(b) The operator's insurance coverage changes or lapses;(c) The operator fails to file an amended registration when required by § 298.23 ;(d) The operator's Air Carrier Certificate and/or Operations Specifications is revoked by the Federal Aviation Administration;(e) The operator fails to qualify as a citizen of the United States;(f) The Department determines that it is otherwise in the public interest to do so.