Code of Federal Regulations - Title 14

787

Federal Aviation Administration, DOT

§ 91.1015

program manager must brief the frac-
tional owner on the owner’s oper-
ational control responsibilities, and
the owner must review and sign an ac-
knowledgment of these operational
control responsibilities. The acknowl-
edgment must be included with the
program management services con-
tract. The acknowledgment must de-
fine when a fractional owner is in oper-
ational control and the owner’s respon-
sibilities and liabilities under the pro-
gram. These include:

(1) Responsibility for compliance

with the management specifications
and all applicable regulations.

(2) Enforcement actions for any non-

compliance.

(3) Liability risk in the event of a

flight-related occurrence that causes
personal injury or property damage.

(b) The fractional owner’s signature

on the acknowledgment will serve as
the owner’s affirmation that the owner
has read, understands, and accepts the
operational control responsibilities de-
scribed in the acknowledgment.

sure that the fractional owner or own-
er’s representatives have access to the
acknowledgments for such owner’s pro-
gram aircraft. Each program manager
must ensure that the FAA has access
to the acknowledgments for all pro-
gram aircraft.

ROGRAM

ANAGEMENT

§ 91.1014

Issuing or denying manage-

ment specifications.

(a) A person applying to the Adminis-

trator for management specifications
under this subpart must submit an ap-
plication—

(1) In a form and manner prescribed

by the Administrator; and

(2) Containing any information the

Administrator requires the applicant
to submit.

(b) Management specifications will

be issued to the program manager on
behalf of the fractional owners if, after
investigation, the Administrator finds
that the applicant:

(1) Meets the applicable requirements

of this subpart; and

(2) Is properly and adequately

equipped in accordance with the re-
quirements of this chapter and is able
to conduct safe operations under appro-

priate provisions of part 91 of this
chapter and management specifica-
tions issued under this subpart.

specifications will be denied if the Ad-
ministrator finds that the applicant is
not properly or adequately equipped or
is not able to conduct safe operations
under this part.

§ 91.1015

Management specifications.

(a) Each person conducting oper-

ations under this subpart or furnishing
fractional ownership program manage-
ment services to fractional owners
must do so in accordance with manage-
ment specifications issued by the Ad-
ministrator to the fractional ownership
program manager under this subpart.
Management specifications must in-
clude:

(1) The current list of all fractional

owners and types of aircraft, registra-
tion markings and serial numbers;

(2) The authorizations, limitations,

and certain procedures under which
these operations are to be conducted,

(3) Certain other procedures under

which each class and size of aircraft is
to be operated;

(4) Authorization for an inspection

program approved under § 91.1109, in-
cluding the type of aircraft, the reg-
istration markings and serial numbers
of each aircraft to be operated under
the program. No person may conduct
any program flight using any aircraft
not listed.

(5) Time limitations, or standards for

determining time limitations, for over-
hauls, inspections, and checks for air-
frames, engines, propellers, rotors, ap-
pliances, and emergency equipment of
aircraft.

(6) The specific location of the pro-

gram manager’s principal base of oper-
ations and, if different, the address
that will serve as the primary point of
contact for correspondence between the
FAA and the program manager and the
name and mailing address of the pro-
gram manager’s agent for service;

(7) Other business names the program

manager may use;

(8) Authorization for the method of

controlling weight and balance of air-
craft;

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