FAA Renews Paperwork for People Who Share Ownership of Aircraft
Published Date: 5/22/2025
Notice
Summary
The FAA wants to keep collecting info from people who share ownership of aircraft through fractional ownership programs. This helps make sure everyone follows safety rules while sharing planes. If you’re involved, you can comment by June 23, 2025, but no big changes or costs are expected.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Renewal of FAA data collection for fractional owners
If you are a fractional aircraft owner or run a fractional ownership program, the FAA is renewing an information collection to check compliance with 14 CFR part 91, subpart K. The renewal covers 13 fractional ownership operators with 1,203 aircraft and about 8,650 fractional owners, and the FAA estimates an average burden of 1 hour, 20 minutes per response and a total annual burden of 13,876 hours. Written comments on the renewal are due by June 23, 2025.
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