Extension without change of a currently approved collection
No
Regular
03/28/2022
Requested
Previously Approved
36 Months From Approved
03/31/2022
9,555
7,385
8,870
13,436
0
8,281
Each fractional ownership program
manager and each fractional owner of aircraft is mandated to record
and report information to the FAA, in accordance with 14 CFR part
91, subpart K. This mandatory information collection is used to
determine if reporting 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.
US Code:
49
USC 40101 Name of Law: Policy
US Code: 49
USC 44702 Name of Law: Issuance of certificates
US Code: 49
USC 44701 Name of Law: General requirements
Although there has been a
slight increase in the number of fractional owners, as well as
increased labor costs, this update reflects a decrease in time and
cost burden. This update recognizes that the requirements of §§
91.1027 and 91.1051 are satisfied through compliance with part 135.
There is no additional burden in these sections for 91K operators
who are also certificated under part 135. This new analysis
accounts for a reduction in more than 4,500 hours of burden. The
total cost burden is decreased accordingly. Additionally, start-up
costs were erroneously included in the hourly costs in the previous
submission. This has been corrected.
$153,920
No
No
No
No
No
No
No
Chris Morris 202
267-4418
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.
Stat Auth 2120-0684.docx
Fractional Aircraft Ownership Programs 91.1003