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: Schedule P-1.1
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Property Description
NameSchedule P-1.1
DescriptionThis table provides semi-annual profit and loss statements for carriers with annual operating revenues of $20 million or less, and contain such items as operating revenues, operating expenses, depreciation and amortization, operating profit, income tax, and net income.
Records826
Fields30
First Year1990
Last Year2020
FrequencySemi-annual
Latest Available DataDecember, 2020
  
TermsDefinitions
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.
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)
Maintenance ExpenseAll expenses, both direct and indirect, specifically identifiable with the repair and upkeep of property and equipment.
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.
Operating ExpensesExpenses incurred in the performance of air transportation, based on overall operating revenues and overall operating expenses. Does not include nonoperating income and expenses, nonrecurring items, or income tax.
Operating RevenuesRevenues from the performance of air transportation and related incidental services. Includes (1) transport revenue from the carriage of all classes of traffic in scheduled and nonscheduled services, and (2) nontransport revenues consisting of Federal subsidy (where applicable) and revenues for services related to air transportation.
Other Transport-Related RevenueRevenues from services such as in-flight sales, rentals and sales or services, supplies and parts.
Scheduled ServiceTransport service operated persuant to published flight schedules, including extra sections and related nonrevenue flights.
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).