Reporting of Passenger Revenues on RSPA Form 41 Schedule P-1.2 "Statement of
Operations"
Department of Transportation, Research and Special Programs Administration, Office
of Aviation Information Management
Number 130
Issue Date: October 12, 1989
Effective Date: January 1, 1990
Part: 241
Section: 24
Paragraph: Schedule P-1.2
On November 7, 1988, the Department issued a final rule (53 rR 46284,,November
16, 1988) amending Parts 217 and 241 of the its Economic Regulations by
implementing a "T-100 System" of reporting for large certificated U.S. air
carriers and foreign air carriers, and revising form 41 Schedules, T-1, T-2 and'
T-3. The T-100 System is a system for reporting nonstop segment data and on-
flight market information. For U.S. carriers, ´among other things, it replaces
service segment data, Form 41, Schedule T-9 "Nonstop Market Report," and Form
217 charter reporting. For foreign carriers, it replaces Form 217 and adds the
reporting of scheduled service data. This new system of reporting becomes
effective on January 1, 1990.
One of the provisions of the final rule revised the requirement for reporting
scheduled passenger revenues between first class and coach fare classes on Form
41, Schedule P-1.2 "Statement of Operations." Effective with the reporting
period beginning January 1, 1990, only Group III air carriers conducting
scheduled operations are required to report passenger revenues by service class
(first class and coach) for, their international entities.
The reporting instructions in Section 24 of Part 241 require Schedule P-1.2 to
be filed for each operating entity and for the overall or system operations of
the air carrier. Currently, passenger revenues are reported as Account 3901.1
"Passenger-First Class" and Account 3901.2 "Passenger-Coach"
an Schedule P-1.2 for all entities by U.S. carriers. To accommodate the change in
limiting the service class reporting of passenger revenues to the international
entities, Schedule P-1.2 has been modified by adding Account 3901 "Transport
Revenues-Passenger." Supplies of the revised Schedule P-1.2 will be mailed to
carriers before the March 1990 quarter is due. In the meantime, a copy of the revised
Schedule P-1.2 format is provided as Attachment A for your information.
To facilitate the reporting of passenger revenues on revised Schedule P-1.2,
the following instructions are provided.
Reporting by Group III Air Carriers with Scheduled Passenger International
Operations
- System and Domestic Entities: Passenger revenues shall be reported in total
only as Account 3901 "Transport Revenues-Passenger."
- International Entities (Atlantic, Pacific and Latin America): Passenger
revenues shall be separately reported for first class andcoach passengers.
and in total. Accordingly, passenger revenues will be reported as Accounts
3901.1 "Passenger,-First Class," 3901.2 "Passenger-Coach" and
3901 "Transport
Revenues-Passenger"
Reporting by All Other Air Carriers Filing Form 41 Schedule P-1.2
System, Domestic, and Internatioal Entities (Atlantic, Pacific and Latin
America): Passenger revenues reported for any of these entities shall be
reported in total only as, Account 3901 "Transport Revenue-Passenger."
Any questions regarding this directive should be addressed to Mr. Clay Moritz
on (202) 366-4385.
This action is taken under authority delegated in section 385.27(b) of the
Department's Organization Regulations (l4 CFR Part 385.27(b)).
Robin A. Caldwell
Director
Attachment
"All Other Air Carriers" includes Group III air carriers conducting only
domestic entity operations, all Group II air carriers, and all Group I air
carriers with annual operating revenues of $20 million or more. Carriers
conducting only charter operations are not affected by this Schedule P-1.2
revision.
Air Carrier _________________________
Operation ____________________________
Satement of Operations
OPERATING REVENUES |
|
|
|
Passenger-First Class |
3901.1 |
|
|
Passenger-Coach |
3901.2 |
|
|
Transport Revenues-Passenger |
3901 |
|
|
Mail |
3905 |
|
|
Property Freight |
3906.1 |
|
|
Property-Excess Passenger Baggage |
3906.2 |
|
|
Charter-Passenger |
3907.1 |
|
|
Charter-Property |
3907.2 |
|
|
Reservation Cancellation Fees |
3919.1 |
|
|
Miscellaneous Operating Revenues |
3919.2 |
|
|
Public Service Revenues (Subsidy) |
4808 |
|
|
Transport-Related Revenues |
4898 |
|
|
Total Operating Revenues |
4999 |
|
|
OPERATING EXPENSES |
|
|
|
Flying Operations |
5100 |
|
|
Maintenance |
5400 |
|
|
Passenger Service•
|
5500 |
|
|
Aircraft and Traffic Servicing•
|
6400 |
|
|
Promotion and Sales• |
6700 |
|
|
General and Administrative• |
6800 |
|
|
General and Administration
+ |
6900 |
|
|
Depreciation and Amortization |
7000 |
|
|
Transport-Related Expenses |
7100 |
|
|
Total Operating Expenses |
7199 |
|
|
Operating Profit or Loss |
7999 |
|
|
NONOPERATING INCOME AND EXPENSE
| |
|
|
Interest on Long-Term Debt and Capital
Leases |
8181 |
|
|
Other Interest Expense |
8182 |
|
|
Foriegn Exchange Gains and Losses |
8185 |
|
|
Capital Gains and Losses-Op. Prop. |
8188.5 |
|
|
Capital Gains and Losses-Other |
8188.6 |
|
|
Other Income and Expenses-Net |
8189 |
|
|
Nonoperating Income and Expense |
8199 |
|
|
Income before Income Taxes |
8999 |
|
|
INCOME TAXES FOR CURRENT PERIOD |
9100 |
|
|
Income before discontinued operations,
extraordinary items and accounting changes |
9199 |
|
|
DISCONTINUED OPERATIONS |
9600 |
|
|
EXTRAORDINARY ITEMS |
9796 |
|
|
Income taxes applicable to extraordinary
items |
9797 |
|
|
ACCOUNTING CHANGES |
9800 |
|
|
Net Income |
9899 |
|
|
*Denotes inverse amount; in accounts 8100, 9600,
9700 & 9800 + Group I Air Carriers Only denotes debit amount.
+ Group I Air Carriers Only
• Group II and Group III Air Carriers Only
|