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The video, shot January 16 in Dallas, depicts a plane coming in close proximity to two people in an apparently staged stunt.
The pilot, identified as Jason Newburg, previously had an FAA waiver to do aerobatics at the airport, but it expired in November.
Even with a valid waiver, there is a requirement that people on the ground not be endangered.
But it is a really popular maneuver between the acrobatic pilots.
It must be an adrenalin injection for the pilot and for the people on the ground.