Federal Aviation Administration, DOT

Section 91.1001

91.130 Operations in Class C airspace.
91.131 Operations in Class B airspace.
91.133 Restricted and prohibited areas.
91.135 Operations in Class A airspace.
91.137 Temporary flight restrictions.
91.141 Flight restrictions in the proximity
of the Presidential and other parties.
91.143 Flight limitation in the proximity of
space flight operations.
91.153 VFR flight plan: Information required.
91.155 Basic VFR weather minimums
91.157 Special VFR weather minimums.
91.159 VFR cruising altitude or flight level.
91.169 IFR flight plan: Information required.
91.173 ATC clearance and flight plan required.
91.175 Takeoff and landing under IFR.
91.176 Operations below DA/DH or MDA
using an enhanced flight vision system
(EFVS) under IFR.
91.177 Minimum altitudes for IFR operations.
91.179 IFR cruising altitude or flight level.
91.181 Course to be flown.
91.183 IFR radio communications.
91.185 IFR operations: Two-way radio communications failure.
91.187 Operation under IFR in controlled
airspace: Malfunction reports.
91.209 Aircraft lights.
91.303 Aerobatic flights.
91.305 Flight test areas.
91.311 Towing: Other than under Section 91.309.
91.313(e) Restricted category civil aircraft:
Operating limitations.
91.515 Flight altitude rules.
91.707 Flights between Mexico or Canada
and the United States.
91.713 Operation of civil aircraft of Cuban
registry.
[Doc. No. 18334, 54 FR 34325, Aug. 18, 1989, as
amended by Amdt. 91-227, 56 FR 65661, Dec.
17, 1991; Docket FAA-2013-0485, Amdt. 91-345,
81 FR 90175, Dec. 13, 2016; Docket FAA-2016-
9154, Amdt. 91-348, 82 FR 39664, Aug. 22, 2017]

SectionSection 91.907-91.999

[Reserved]

Subpart K - Fractional Ownership
Operations

kpayne on VMOFRWIN702 with $$_JOB

SOURCE: Docket No. FAA-2001-10047, 68 FR
54561, Sept. 17, 2003, unless otherwise noted.

Section 91.1001 Applicability.
(a) This subpart prescribes rules, in
addition to those prescribed in other
subparts of this part, that apply to
fractional owners and fractional ownership program managers governing - 
(1) The provision of program management services in a fractional ownership
program;

(2) The operation of a fractional ownership program aircraft in a fractional
ownership program; and
(3) The operation of a program aircraft included in a fractional ownership
program managed by an affiliate of the
manager of the program to which the
owner belongs.
(b) As used in this part - 
(1) Affiliate of a program manager
means a manager that, directly, or indirectly, through one or more intermediaries, controls, is controlled by, or
is under common control with, another
program manager. The holding of at
least forty percent (40 percent) of the
equity and forty percent (40 percent) of
the voting power of an entity will be
presumed to constitute control for purposes of determining an affiliation
under this subpart.
(2) A dry-lease aircraft exchange means
an arrangement, documented by the
written program agreements, under
which the program aircraft are available, on an as needed basis without
crew, to each fractional owner.
(3) A fractional owner or owner means
an individual or entity that possesses a
minimum fractional ownership interest
in a program aircraft and that has entered into the applicable program
agreements; provided, however, that in
the case of the flight operations described in paragraph (b)(6)(ii) of this
section, and solely for purposes of requirements pertaining to those flight
operations, the fractional owner operating the aircraft will be deemed to be
a fractional owner in the program managed by the affiliate.
(4) A fractional ownership interest
means the ownership of an interest or
holding of a multi-year leasehold interest and/or a multi-year leasehold interest that is convertible into an ownership interest in a program aircraft.
(5) A fractional ownership program or
program means any system of aircraft
ownership and exchange that consists
of all of the following elements:
(i) The provision for fractional ownership program management services
by a single fractional ownership program manager on behalf of the fractional owners.
(ii) Two or more airworthy aircraft.
(iii) One or more fractional owners
per program aircraft, with at least one

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