NBAA Happy With Fractional Rule | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-02.10.25

Airborne-NextGen-02.11.25

Airborne-Unlimited-02.12.25

Airborne-AffordableFlyers-02.13.25

Airborne-Unlimited-02.07.25

Tue, Sep 23, 2003

NBAA Happy With Fractional Rule

NBAA Welcomes Release Of FAA Final Rule on Fractional Ownership

The National Business Aviation Association welcomes the release of the FAA final rule titled "Regulation of Fractional Aircraft Ownership Programs and On-Demand Operations" published in the September 17 Federal Register. This final rule sets regulatory standards for fractional ownership operations (Part 91, Subpart K) and updates requirements for on-demand charter operations (Part 135).

By updating and revising its regulations governing operations of aircraft in fractional ownership programs, the FAA recognizes the demonstrated safety record of this important segment of business aviation. While the rule is not completely what NBAA expected, it does officially recognize fractional aircraft ownership operations and should help new companies seeking to operate or provide this type of service. NBAA is continuing to review the details of the final rule and soon will release a detailed analysis of its impact.

"We applaud the FAA's effort on the creation of Subpart K and we look forward to working with the Agency on the implementation of the rule," said NBAA President Shelley A. Longmuir. "Traditional Part 91 flight departments are unaffected by Subpart K." Longmuir thanked FAA Administrator Marion Blakey and FAA National Resource Specialist for Part 135, Kathy Perfetti, for their leadership and for shepherding this rule to completion.

Longmuir continued, "The updated rules for on-demand charter companies will significantly benefit their operational flexibility."

In the coming months, NBAA will offer a new seminar for Part 91 and 135 operators, titled "Operational Control of Business Aircraft in the New Environment," which will review in detail the recent FAR revisions as well as related ownership and operator roles and responsibilities, tax implications and finance options, international operations and aircraft registration considerations. This event is scheduled to be held in New York (December), Los Angeles (January), Dallas (February) and Chicago (June).

FMI: www.nbaa.org/public/cs/subpartk

Advertisement

More News

ANN's Daily Aero-Term (02.11.25): Handoff

Handoff An action taken to transfer the radar identification of an aircraft from one controller to another if the aircraft will enter the receiving controller's airspace and radio >[...]

ANN's Daily Aero-Linx (02.11.25)

Aero Linx: P-47 Thunderbolt Pilot's Association The P47Pilots.com website is dedicated to preserving the memories of the men and women who flew the P-47 Thunderbolt "Jug" in World >[...]

ANN FAQ: Q&A 101

A Few Questions AND Answers To Help You Get MORE Out of ANN! 1) I forgot my password. How do I find it? 1) Easy... click here and give us your e-mail address--we'll send it to you >[...]

NTSB Final Report: SlipStream International Genesis

Airplane Veered Left Of The Runway And Struck Trees Before It Came To Rest In A Grass Area Analysis: The student pilot was conducting a solo flight when he was unable to keep the a>[...]

Airborne 02.05.25: No Outs 4 ATC, Sporty's Acquires, 'Black' Boxes

Also: NOTAM System Restored, Textron Mil Trainers, Axiom Space, Police Rescues Cirrus Pax The Trump administration’s attempt at downsizing the federal workforce has run into >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC