Frax regulations emerge as NPRM, comments due | Aviation International News

Charter & Fractional

Frax regulations emerge as NPRM, comments due

After an arduous trip through the federal bureaucratic processes, the FAA published its notice of proposed rulemaking (NPRM) for FAR Part 91 Subpart K last

By AIN Staff • AIN Staff

May 19, 2008

After an arduous trip through the federal bureaucratic processes, the FAA published its notice of proposed rulemaking (NPRM) for FAR Part 91 Subpart K last month, a new section that will regulate fractional-ownership operations and make some modifications to Part 135 on-demand charter requirements to level the competitive playing field.

The agency accepted virtually all of the proposals put forth by the Fractional Ownership Aviation Rulemaking Committee (FOARC), which was commissioned by FAA Administrator Jane Garvey in 1999 to assist the agency with developing operational guidelines to help it regulate the burgeoning fractional-ownership industry.

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