The FAA released new SMS Rulemaking on Monday, APR 22, 2024. The FAA is now applying the current part 5 SMS requirements to all part 135 operators and air tour operators with a Letter of Agreement (LOA) issued under § 91.147. You will have 36 months to submit a declaration of compliance to the FAA that serves to document that the aviation organization has developed and implemented an SMS meeting the applicable requirements of part 5. The FAA will assess the aviation organization’s compliance with SMS requirements during routine its surveillance process.