“We oppose this proposal in every part and recommend that it be withdrawn.” This was the terse comment from fractional pilot Thomas Gasta to the FAA’s proposed regulations covering fractional aircraft ownership. The proposal, whose comment period is closed now, received more than 200 responses. The vast majority of the responses supported the notice of proposed rulemaking (NPRM) in its entirety or with minor suggested changes. But a few commenters, like Gasta, had serious reservations with all or part of the proposal.
Most of the negative comments came from entities that didn’t have direct representation on the Fractional Ownership Aviation Rulemaking Committee (FOARC), the joint FAA-industry task force that developed the recommendations on which the NPRM is based. The committee consisted of 27 representatives of air-taxi operators, fractional program operators, airframe manufacturers, business aircraft operators, insurance providers, leasing organizations and aircraft management companies.
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