Notice2025-01811

Agency Information Collection Activities: Requests for Comments; Clearance of Renewed Approval of Information Collection: Fractional Aircraft Ownership Programs

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
January 28, 2025

Issuing agencies

Transportation DepartmentFederal Aviation Administration

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.

Full Text

<html>
<head>
<title>Federal Register, Volume 90 Issue 17 (Tuesday, January 28, 2025)</title>
</head>
<body><pre>
[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]


=======================================================================
-----------------------------------------------------------------------

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.

-----------------------------------------------------------------------

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&#160;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&#160;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


</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>
Indexed from Federal Register on January 28, 2025.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.