The Federal Aviation Administration (FAA), under the Department of Transportation, is seeking public comments on renewing an information collection related to Fractional Aircraft Ownership Programs. This program allows people to buy shares in aircraft and share them with other owners in a pool. The information collection is necessary to ensure compliance with safety regulations outlined in 14 CFR part 91, subpart K. Comments are due by March 31, 2025, and the feedback will help determine the necessity, accuracy, and potential improvements of this information collection process.
Simple Explanation
The FAA is asking people what they think about a plan where many people can own and share airplanes together, like sharing toys. They want feedback to make sure everyone stays safe when sharing and using these airplanes.