The FAA has approved a 24-month extension to NBAA’s Small Aircraft Exemption until March 31, 2022, allowing NBAA members that operate small aircraft to take advantage of the flexibility usually offered to operators of larger, turbine-powered aircraft.
“The Small Aircraft Exemption remains an important tool for aircraft operators,” said NBAA Vice President, Regulatory and International Affairs Doug Carr. “We’re grateful for the FAA’s effort to extend this exemption in light of other significant regulatory efforts to address the COVID-19 outbreak.”
The current version of the exemption – officially known as Exemption 7897K, the NBAA Small Aircraft Exemption – provides operators of piston-powered airplanes, small airplanes (those with a gross weight of 12,500 pounds or less) and rotorcraft a number of advantages, including the use of alternative maintenance programs and limited cost-reimbursement for certain flights in accordance with Part 91 Subpart F of the Federal Aviation Regulations.
The cost-sharing benefits of Part 91 Subpart F are typically limited to aircraft with a maximum takeoff weight of over 12,500 pounds, multi-engine turbojet aircraft or fractional ownership program aircraft.
The cost-reimbursement options of Part 91 Subpart F are useful in regards to transportation of a guest on a company aircraft, the use of the aircraft by employees of a subsidiary company and other common scenarios. Time sharing, interchange and joint ownership agreements are also permitted under Part 91 Subpart F.