NBAA Extends Part 91 Subpart F Benefits for Smaller Aircraft

Under the extension, NBAA members operating small aircraft will be able to take advantage of cost-sharing benefits of the fractional-ownership business model until March 31, 2026.

Mark Phelps

Friday, March 29, 2024 at 12:03 PM ET

Verified

[Courtesy: NBAA]

Key Takeaways:

The National Business Aviation Association (NBAA) has extended its Small Aircraft Exemption through March 2026.
This exemption enables operators of piston-powered airplanes, small airplanes, and rotorcraft to access cost-sharing benefits and flexibility usually available to larger, turbine-powered aircraft under Part 91 Subpart F.
Benefits include alternative maintenance programs, limited cost-reimbursement from passengers for certain flights, and permission for time-sharing, interchange, and joint-ownership agreements.
NBAA members must submit a letter of intent to the public docket to utilize this valuable Exemption 7897M.

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The National Business Aviation Association (NBAA) has secured an extension for its Small Aircraft Exemption through the end of March 2026.

“This valuable exemption allows operators of piston-powered airplanes, small airplanes and rotorcraft to realize the cost-sharing benefits outlined in Part 91 Subpart F, making more effective use of their aircraft,” said Doug Carr, NBAA’s senior vice president of safety, security, sustainability, and international affairs.