83 FR 34910 - Agency Information Collection Activities: Requests for Comments; Clearance of Renewed Approval of Information Collection: Fractional Aircraft Ownership Programs

DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration

Federal Register Volume 83, Issue 141 (July 23, 2018)

Page Range34910-34911
FR Document2018-15728

In accordance with the Paperwork Reduction Act of 1995, FAA invites public comments about our intention to request the 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. The information collected 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 and adherence to regulations.

Federal Register, Volume 83 Issue 141 (Monday, July 23, 2018)
[Federal Register Volume 83, Number 141 (Monday, July 23, 2018)]
[Notices]
[Pages 34910-34911]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-15728]


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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration


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

AGENCY: Federal Aviation Administration (FAA), DOT.

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 the 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. The information collected 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 and 
adherence to regulations.

DATES: Written comments should be submitted by September 21, 2018.

ADDRESSES: Send comments to the FAA at the following address: Barbara 
Hall, Federal Aviation Administration, ASP-110, 10101 Hillwood Parkway, 
Fort Worth, TX 76177.

FOR FURTHER INFORMATION CONTACT: Barbara Hall by email at: 
[email protected]; phone: 940-594-5913.

SUPPLEMENTARY INFORMATION: 
    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 (91K). Information-collection requirements under 91K include 
submission for FAA approval of management specifications, which 
comprise: Lists of fractional owners and types of aircraft; 
registration markings and serial numbers; authorizations, procedures 
and limitations under which operations are to be conducted; time 
limitations, or standards for determining time limitations, for 
overhauls, inspections, and checks for airframes, engines, propellers, 
rotors, appliances, and emergency equipment of aircraft; the specific 
location of the program manager's principal base of operations and the 
program manager's mailing address; other business names in use; 
authorization of methods for controlling weight and balance; deviations 
and exemptions from requirements of 91K, if applicable; and other 
information the Administrator deems necessary. The FAA requires this 
information to ensure that the operators' specifications comply with 
the requirements of the rule. In addition, the FAA imposes 
recordkeeping requirements on 91K operators. These include: creating 
and retaining management contracts between fractional owners and 
operators; advance notice of non-program aircraft substitution; 
briefing fractional owners on operational control responsibilities; 
issuance of management specifications; internal

[[Page 34911]]

safety reporting; preparation and retention of manuals; maintenance of 
current aircraft and pilot records; flight scheduling; pilot-in-command 
designation; passenger safety briefings (oral and on information 
cards); preparation of proving-test programs; provision of drug and 
alcohol misuse education; and various personnel, maintenance, and 
minimum equipment list documentation. These requirements help ensure 
that these operators have procedures in place to facilitate compliance 
with the requirements of the rule.
    Information is collected electronically to the extent practicable, 
and the FAA likewise encourages and facilitates electronic 
recordkeeping. The FAA uses an automated Operations Specifications 
subsystem to issue management specifications to fractional ownership 
program managers. This system allows management companies to 
electronically generate and electronically sign the management 
specifications. Use of this automated system is required for the 
fractional ownership programs. While legal contractual documents, 
passenger briefing cards, and certain manuals must be kept in paper 
form for legal and safety reasons, all other records and reports 
mandated by 91K can be created, transmitted and retained 
electronically.
    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 and adherence to the minimum safety 
standards of these regulations.
    Respondents: 8 fractional aircraft program managers/operators.
    Frequency: Information is collected on occasion.
    Estimated Average Burden per Response: 1 hour, 20 minutes.
    Estimated Total Annual Burden: 13,736 hours, or 1,717 hours per 
respondent.
    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.

    Issued in Washington, DC, on July 17, 2018.
Karen Shutt,
Manager, Performance, Policy, and Records Management Branch, ASP-110.
[FR Doc. 2018-15728 Filed 7-20-18; 8:45 am]
 BILLING CODE 4910-13-P


Current View
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comments.
DatesWritten comments should be submitted by September 21, 2018.
ContactBarbara Hall by email at: [email protected]; phone: 940-594-5913.
FR Citation83 FR 34910 

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