A. Application for Permits. Applications for permits shall be made on forms supplied by the Commission and shall give all information necessary to identify the aircraft and the landing fields to be used, the nature of the operation, including time schedules and tariffs, the insurance coverage, etc.
B. Form of Permit. A separate permit will be issued for each aircraft and will be limited to the operation between specified air fields.
C. Revocation or Suspension of Permit. Failure to render satisfactory service or violation of the Commission's regulations may cause suspension or revocation of a permit. A permit will not be revoked without a hearing.
D. Display of Permit. The permit shall be properly displayed in the aircraft to which it is related, at all times when the aircraft is in operation.