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Code · REGISTER · 2021-09-21 · Federal Aviation Administration (FAA), Transportation (DOT) · Rules and Regulations

Rules and Regulations. Notice and request for comments

452 words·~2 min read·/register/2021/09/21/2021-20395·

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Agency: Federal Aviation Administration (FAA), Transportation (DOT)
Action: Notice and request for comments
Citation: FR Doc. 2021-20395 · Docket No. FAA-2021-0861

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 November 22, 2021.

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: Nine fractional ownership operators with 557 aircraft. Frequency: On occasion. Estimated Average Burden per Response: 1 hour, 20 minutes. Estimated Total Annual Burden: 14,367 hours, or 1,596 per operator. Issued in Washington, DC, on September 16, 2021. Dwayne C. Morris, Project Manager, Flight Standards Service, General Aviation and Commercial Division. [FR Doc. 2021-20395 Filed 9-20-21; 8:45 am]

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