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: Schedule P-7
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Property Description
NameSchedule P-7
DescriptionThis table contains quarterly operating expense statements, by functional grouping, for large certificated U.S. air carriers (only the largest air carriers are required to submit this schedule). The financial statement includes aircraft operating expenses, passenger service expenses, aircraft servicing expense, traffic servicing expense, reservations and sales expense, advertising and publicity expense, transport-related expenses, total operating expense, and other expense items.
Records5,802
Fields41
First Year1990
Last Year2021
FrequencyQuarterly
Latest Available DataMarch, 2021
  
TermsDefinitions
Aircraft And Traffic Servicing ExpensesCompensation of ground personnel, in-flight expenses for handling and protecting all non-passenger traffic including passenger baggage, and other expenses incurred on the ground to (1) protect and control the in-flight movement of the aircraft, (2) schedule and prepare aircraft operational crew for flight assignment, (3) handle and service aircraft while in line operation, and (4) service and handle traffic on the ground after issuance of documents establishing the air carrier's responsibility to provide air transportation.
Aircraft Operating ExpensesExpenses incurred directly in the in-flight operation of aircraft.
Airline IDAn identification number assigned by US DOT to identify a unique airline (carrier). A unique airline (carrier) is defined as one holding and reporting under the same DOT certificate regardless of its Code, Name, or holding company/corporation. Use this field for analysis across a range of years.
Carrier CodeCode assigned by IATA and commonly used to identify a carrier. As the same code may have been assigned to different carriers over time, the code is not always unique.
Certificate Of Public Convenience And NecessityA certificate issued to an air carrier under 49 U.S.C. 41102, by the Department of Transportation authorizing the carrier to engage in air transportation.
Commercial OperatorA person who, for compensation or hire, engages in the carriage by aircraft in air commerce of persons or property, other than as an air carrier or foreign air carrier or under the authority of 14CFR375. Where it is doubtful that an operation is for compensation or hire, the test applied is whether the carriage by air is merely incidental to the person's other business or is, in itself, a major enterprise for profit.
Flying Operations ExpensesExpenses incurred directly in the in-flight operation of aircraft and expenses related to the holding of aircraft and aircraft operational personnel in readiness for assignment for an in-flight status.
Form 41 Financial StatisticsThe statistics collected on the financial forms submitted monthly, quarterly, semiannually, and annually to BTS by each large certificated air carrier subject to the Federal Aviation Act of 1958. The four classes of financial and operating statistics collected on individual schedules of the Form 41 Report are grouped as follows: (A) Certification, (B) Balance Sheet Elements, (P) Profit and Loss Elements, and (T) Traffic and Capacity Elements.
Form 41 ReportThe schedule of forms submitted monthly, quarterly, semiannually, and annually to BTS by each large certificated air carrier subject to the Federal Aviation Act of 1958.
Large Certificated Air CarrierAn air carrier holding a certificate issued under 49 U.S.C.41102, as amended, that: (1) Operates aircraft designed to have a maximum passenger capacity of more than 60 seats or a maximum payload capacity of more than 18,000 pounds; or (2) conducts operations where one or both terminals of a flight stage are outside the 50 states of the United States, the District of Columbia, the Commonwealth of Puerto Rico and the U.S. Virgin Islands. (same as Large Certified U.S. Air Carriers)
Large Certified U.S. Air CarriersAn air carrier holding a certificate issued under 49 U.S.C.41102, as amended, that: (1) Operates aircraft designed to have a maximum passenger capacity of more than 60 seats or a maximum payload capacity of more than 18,000 pounds; or (2) conducts operations where one or both terminals of a flight stage are outside the 50 states of the United States, the District of Columbia, the Commonwealth of Puerto Rico and the U.S. Virgin Islands. (same as Large Certificated Air Carrier)
Non-Scheduled ServiceRevenue flights, such as charter flights, that are not operated in regular scheduled service.
Nonoperating Income And ExpenseInterest income and expense, unusual foreign exchange gains or losses, and capital gains or losses in disposition of property and equipment.
Passenger Service ExpensesCost of activities contributing to the comfort, safety, and convenience of passengers while in flight or when flights are interrupted. Includes salaries and expenses of flight attendants and passenger food expenses.
Promotion And Sales ExpensesCost incurred in promoting the use of air transportation generally and creating a public preference for the services of particular air carriers. Includes the functions of selling, advertising, and publicity, space reservations, and developing tarrifs and flight schedules for publication.
Scheduled ServiceTransport service operated persuant to published flight schedules, including extra sections and related nonrevenue flights.
Traffic Related ExpensesExpenses incurred due to traffic solicitor salaries, traffic commissions, passenger food expense, traffic liability insurance, advertising and other promotion and publicity expenses, and the fringe benefit expenses related to all salaries in this classification.
Transport-Related ExpensesAll expense items applicable to the generation of transport-related revenues.
Transport-Related RevenuesRevenues from the transportation by air of all classes of traffic in scheduled and nonscheduled service.
Unique CarrierUnique Carrier Code. It is the Carrier Code most recently used by a carrier. A numeric suffix is used to distinguish duplicate codes, for example, PA, PA (1), PA (2). Use this field to perform analysis of data reported by one and only one carrier.
Unique Carrier EntityUnique Carrier Entity. This field distinguishes entities used by two or more carriers with a numeric suffix, for example, 06038 and 06038 (1).
Unique Carrier NameUnique Carrier Name. It is the name most recently used by a carrier. If two or more carriers have the same most recent name, a numeric suffix is used to distinguish them, for example, Air Caribbean, Air Caribbean (1).