298.24—Cancellation of the registration.
The 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.