Sat, Apr 05, 2003
NATA Likes 'Em
The National Air Transportation Association (NATA)
likes new regulations establishing oversight for fractional
ownership providers and revising several on-demand air taxi
regulations.
After a prolonged but ultimately positive review at the
Department of Transportation, the new regulations, collectively
known as the "Subpart K" proposal, were delivered to the Office of
Management and Budget (OMB) for final review and approval of the
FAA for publication. The OMB has up to 90 days to complete
its review, although longer reviews have occurred.
"I
couldn't be more pleased that Subpart K continues to move forward,"
said Jim Christiansen, who served as chairman of the
government-industry working group that developed the proposed
rules.
"Industry leaders in both fractional ownership and on-demand
commercial operations invested hundreds of man-hours to participate
in a brand-new rulemaking process with the FAA. It's
gratifying to see our work approaching completion."
Christiansen is a former chairman of the NATA Board of Directors
and current chairman of NATA's Fractional Aircraft Business Council
(FABC).
"NATA
looks forward to an uneventful review at OMB and the subsequent
publication of the rules. Based upon the regulations
proposed, we believe that this rulemaking package will provide an
appropriate level of regulation for the fractional ownership
industry while modernizing several on-demand operator regulations,"
said NATA vice president Joseph E. (Jeb) Burnside.
"We've already been in touch with the FAA to pledge the support
and assistance of the FABC in educating the industry about the new
requirements and aiding the FAA in their development of training
and guidance documents, as appropriate," Burnside indicated.
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