Document ID: FAA-2021-0861-0003
Agency: faa
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals: Fractional Aircraft Ownership Programs
Posted Date: 2022-02-09T05:00Z

[Federal Register Volume 87, Number 27 (Wednesday, February 9, 2022)]
[Notices]
[Pages 7522-7523]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-02687]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

[Docket No. FAA-2021-0861]

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 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

[[Page 7523]]

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. The Federal 
Register Notice with a 60-day comment period soliciting comments on the 
following collection of information was published on September 21, 
2021.

DATES: Written comments should be submitted by March 11, 2022.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: John H. Attebury by email at: 
[email protected]; phone: (281) 443-5862.

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.
    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: The Federal Register Notice with a 60-day comment 
period soliciting comments on the following collection of information 
was published on September 21, 2021 (86 FR 52544). 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: Ten fractional ownership operators, with an estimated 
5,570 fractional owners and 774 aircraft.
    Frequency: On occasion.
    Estimated Average Burden per Response: 0.9 hours.
    Estimated Total Annual Burden: 8,869 hours.

    Issued in Washington, DC on February 4, 2022.
Dwayne C. Morris,
Project Manager, Flight Standards Service, General Aviation and 
Commercial Division.
[FR Doc. 2022-02687 Filed 2-8-22; 8:45 am]
BILLING CODE 4910-13-P