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iv <br />SECTION B. -- APPLICATION ................................................................................................................ 42 <br />I. Application ................................................................................................................................... 42 <br />II. Action on Application ................................................................................................................... 43 <br />III. Notification of Changes ............................................................................................................... 44 <br />SECTION C. -- PERFORMANCE STANDARDS ..................................................................................... 45 <br />I. Performance Standards .............................................................................................................. 45 <br />II. Compliance with Federal, State and Local Requirements. .......................................................... 45 <br />III. Signage ....................................................................................................................................... 46 <br />IV. Vehicles and Equipment .............................................................................................................. 46 <br />V. Subcontracting, Subleasing and Assignment .............................................................................. 46 <br />SECTION D. -- FIXED BASE OPERATOR .............................................................................................. 47 <br />I. General Requirements ................................................................................................................ 47 <br />II. Minimum Standards .................................................................................................................... 47 <br />SECTION E. -- MINIMUM STANDARDS FOR SPECIALIZED AERONAUTICAL SERVICE <br />OPERATORS .......................................................................................................................................... 51 <br />I. General Requirements ................................................................................................................ 51 <br />II. Flight Training .............................................................................................................................. 52 <br />III. Airframe and Power Plant Maintenance ...................................................................................... 52 <br />IV. Avionics or Instrument Maintenance Operator ............................................................................ 53 <br />V. Air Charter, Air Taxi or Aircraft Management Operations ............................................................ 54 <br />VI. Aircraft Rental .............................................................................................................................. 54 <br />VII. Aircraft Storage Hangars ............................................................................................................. 54 <br />VIII. Aircraft Sales ............................................................................................................................... 55 <br />IX. Aircraft Restoration and Refurbishing .......................................................................................... 55 <br />X. Specialized Flying Services ......................................................................................................... 56 <br />XI. Airline Ground Handling .............................................................................................................. 56 <br />XII. Ground Support Equipment Maintenance ................................................................................... 57 <br />APPENDIX 1 MINIMUM INSURANCE REQUIREMENTS ..................................................................... 58  <br />I. General Requirements ................................................................................................................ 58