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SHARING DETAILS Fractional owners, jet card holders, etc. are free to share flights with others or permit others to use their flight hours, in each case, under a "time-sharing agreement." FAR Part 91.501(c)(1) describes a time-sharing agreement as, "An arrangement whereby a person leases his airplane with flight crew to another person, and no charge is made for the flights conducted under that arrangement." However, under Part 91.501(d), certain specific expenses may be charged in a time-sharing arrangement. As cited by the National Business Aviation Association (NBAA), these "direct costs," as defined in FAR 91.501(d), include:
For FAA purposes, as long as the truth-in-leasing requirements are satisfied and the charges for transportation do not exceed the per flight amount specified above, a time-sharing agreement is considered noncommercial transportation and is permitted under Part 91. You are strongly advised to consult with counsel and your provider in order to make certain that any remuneration on shared flights is handled appropriately. For Charter clients, or flights designated under FAR Part 135, passengers can share the cost amongst themselves. The broker or plane provider cannot set this up in ANY WAY. The FAA will constitute this as being an airline and not legal. For more information please go to www.faa.gov or contact an aviation attorney. |