Agency Information Collection Activities: Requests for Comments; Clearance of Renewed Approval of Information Collection: Fractional Aircraft Ownership Programs
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Abstract
In accordance with the Paperwork Reduction Act of 1995, FAA invites public comments about our intention to request Office of Management and Budget (OMB) approval to renew an information collection. Fractional Ownership is a program that offers increased flexibility in aircraft ownership. Owners purchase shares of an aircraft and agree to share their aircraft with others having an ownership share in that same aircraft. Owners agree to put their aircraft into a "pool" of other shared aircraft and to lease their aircraft to another owner in that pool. This collection is necessary to ensure compliance with relevant safety regulations.
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<title>Federal Register, Volume 90 Issue 17 (Tuesday, January 28, 2025)</title>
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[Federal Register Volume 90, Number 17 (Tuesday, January 28, 2025)]
[Notices]
[Page 8316]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-01811]
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DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
[Docket No. FAA-2025-0148]
Agency Information Collection Activities: Requests for Comments;
Clearance of Renewed Approval of Information Collection: Fractional
Aircraft Ownership Programs
AGENCY: Federal Aviation Administration (FAA), Department of
Transportation.
ACTION: Notice and request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, FAA
invites public comments about our intention to request Office of
Management and Budget (OMB) approval to renew an information
collection. Fractional Ownership is a program that offers increased
flexibility in aircraft ownership. Owners purchase shares of an
aircraft and agree to share their aircraft with others having an
ownership share in that same aircraft. Owners agree to put their
aircraft into a ``pool'' of other shared aircraft and to lease their
aircraft to another owner in that pool. This collection is necessary to
ensure compliance with relevant safety regulations.
DATES: Written comments should be submitted by March 31, 2025.
ADDRESSES: Please send written comments:
By Electronic Docket: <a href="http://www.regulations.gov">www.regulations.gov</a> (Enter docket number into
search field).
By mail: Christopher Morris, Flight Standards Service, General
Aviation and Commercial Division, 800 Independence Ave. SW, Washington,
DC 20591.
By email: <a href="/cdn-cgi/l/email-protection#54373c263d277a393b26263d27143235357a333b22"><span class="__cf_email__" data-cfemail="03606b716a702d6e6c71716a70436562622d646c75">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: John Attebury by email at:
<a href="/cdn-cgi/l/email-protection#42282d2a2c6c2a6c233636272037303b022423236c252d34"><span class="__cf_email__" data-cfemail="452f2a2d2b6b2d6b243131202730373c052324246b222a33">[email protected]</span></a>; phone: 281-929-7078.
SUPPLEMENTARY INFORMATION:
Public Comments Invited: You are asked to comment on any aspect of
this information collection, including (a) Whether the proposed
collection of information is necessary for FAA's performance; (b) the
accuracy of the estimated burden; (c) ways for FAA to enhance the
quality, utility and clarity of the information collection; and (d)
ways that the burden could be minimized without reducing the quality of
the collected information. The agency will summarize and/or include
your comments in the request for OMB's clearance of this information
collection.
OMB Control Number: 2120-0684.
Title: Fractional Aircraft Ownership Programs.
Form Numbers: There are no FAA forms associated with this
collection.
Type of Review: This is a renewal of an existing information
collection.
Background: Each fractional ownership program manager and each
fractional owner must comply with the requirements of 14 CFR part 91,
subpart K. Information is used to determine if these entities are
operating in accordance with the minimum safety standards of these
regulations. The FAA will use the information it reviews and collects
to evaluate the effectiveness of the program and make improvements as
needed, and ensure compliance with and adherence to regulations.
Respondents: Eleven fractional ownership operators with 1,187
aircraft.
Frequency: On occasion.
Estimated Average Burden per Response: 1 hour, 20 minutes.
Estimated Total Annual Burden: Approximately 18,000 hours.
Issued in Washington, DC, on January 23, 2025.
D.C. Morris,
Aviation Safety Analyst, Flight Standards Service, General Aviation and
Commercial Division.
[FR Doc. 2025-01811 Filed 1-27-25; 8:45 am]
BILLING CODE 4910-13-P
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