Ahead of a compliance deadline, SkyShare received an FAA Declaration of Compliance for its Safety Management System.
SkyShare, a Utah-based flight provider specializing in fractional shares, announced in a press release that it has received FAA approval for its Safety Management System.
The company created the SMS to comply with an FAA regulation that required aircraft carriers to design and implement it by May 2027.
A Safety Management System, as established by FAA regulation 14 CFR Part 5 SMS, is an “organization-wide approach to managing safety risk and assuring the effectiveness of safety risk controls.“
The SMS must include, among other things, a code of ethics, safety objectives, and a safety reporting policy. It must also assess hazards and identify risks while promoting passenger and crew safety.
The law also requires detailed reports to the FAA on the SMS and its effectiveness.
SkyShare said in their press release, “This is a milestone that underscores the company’s ongoing commitment to operational excellence, proactive risk management, and continuous safety improvement.”
The company outlined its measures to implement the program.
They included an Internal Evaluation Program, ongoing safety education, and disciplined risk management.
“Our Safety Management System succeeds because it belongs to the entire organization,” said Ricky Lee, Director of Safety for SkyShare, in that press release.
Lee continued:
‘Operational safety is achieved through collaboration, open communication, and a shared commitment to continuous improvement. Every department and every employee has a role in identifying risk, learning from experience, and strengthening the systems that protect our customers, our crews, and one another. FAA acceptance of our SMS is a reflection of that collective commitment.’
The Salt Lake City-based aircraft carrier offers fractional shares on pre-owned aircraft.
Their headquarters is Salt Lake City International Airport, which ranked 19th among US airports for private jets in 2025.