part-time employees, both permanent and temporary, who worked or received pay for any part of the pay period (s) ending nearest the 15th of the final month during the current quarter. [ER-369, 27 F.R. 12825, Dec. 28, 1962, as amended by ER-417, 29 F.R. 13533, Oct. 1, 1964; ER-423, 29 F.R. 14875, Nov. 3, 1964; ER-424, 30 F.R. 1191, Feb. 4, 1965] NOTE: The reporting requirements contained herein have been approved by the Bureau of the Budget in accordance with the Federal Reports Act of 1942. Section 36-General Corporate Schedule G-41-Persons Holding More (a) This schedule shall be filed by each supplemental air carrier. (b) This schedule shall reflect the name, address and number of shares of each class of stock held by all persons holding more than five (5) per centum of the issued and outstanding capital stock or, in cases of unincorporated business enterprises, more than five (5) per centum of the total invested capital of the reporting carrier as of the close of the year. (c) Column 3, "Held for Own Account", shall reflect by the word "yes" or "no" whether or not the interest is held for the account of the person named in column 1. In cases where the answer is "no" the name and address of the persons for whose account the interest is held shall be indicated by footnotes. Schedule G-42-Compensation and Ex penses of All General Officers and Directors and of Management Personnel Receiving $20,000 or More per Annum for Personal Services (a) This schedule shall be filed by each supplemental air carrier. (b) The indicated data shall be reported individually for each elective corporate officer, executive and director. The dates to be reported in column 3 shall be the dates each such elective officer, executive and director was first elected to the office held at the date of the report. Reports shall be made in aggregate for all management personnel receiving compensation for personal services of $20,000 or more per annum. The name of each elective officer, executive and director and the number of management personnel receiving $20,000 or more per annum shall be entered in column 1; the annual compensation and reimbursed expenses paid during the calendar year to each officer, executive and director, and the aggregate thereof for all such management personnel, shall be entered in columns 5, 6, and 7, respectively; and the upper and lower limits in the range of compensation and expenses paid to management personnel shall be separately stated in such columns 5, 6 and 7. (c) Management personnel shall include all general supervisory and administrative personnel not directly responsible for the in-flight operation of aircraft or engaged directly in the performance of maintenance activities. Management personnel, as distinguished from elective officers and directors, for whom report is to be made shall include those who receive $20,000 or more compensation for personal services during the previous calendar year and those initially employed during the current calendar year at an annual compensation rate of $20,000 or more. (d) Indirect compensation in column 6 shall include payments made by persons holding management contracts providing for management of, or services to, the air carrier or its associated companies. (e) Expenses borne by the supplemental air carrier to be reported in column 7 shall include all reimbursements to the persons listed in column 1, regardless of whether for goods or services used by the persons listed or by others; whether in the form of per diem or other allowances, or reimbursement for specific expenditures; and whether for amounts reimbursed directly to the persons listed or, except for standby hotel or other facilities maintained for the air carrier's personnel generally, indirectly through vendors who bill the air carrier directly. (f) Columns 8 through 11 shall reflect securities of the supplemental air carrier owned by officers, directors, or management personnel as at December 31. Column 8 shall reflect the class of capital stock, bonds or other securities of the air carrier owned; columns 9 and 10, respectively, shall reflect the number of shares of stock held in the name of, or for the account of, each general officer, and director, and all management personnel receiving $20,000 or more per annum; and column 11 shall reflect the principal amount of bonds or other securities held in the name of. " for the account of, each general officer and director and all management personnel receiving $20,000 or more per annum for personal services. Schedule G-43-Compensation and Expenses of Persons and Firms (Other Than Directors, Officers and Employees) Receiving $5,000 or More During the Calendar Year (a) This schedule shall be filed by each supplemental air carrier. (b) The indicated data shall be reported for each person or firm, other than directors, officers and employees of the supplemental air carrier, receiving compensation or expense reimburse ments of $5,000 or more during the calendar year. (c) Compensation and expenses to be reported in this schedule shall include fees, retainers, gifts, commissions, contributions, allowance for expenses or any form of payments amounting in the aggregate to $5,000 or more during the year. In addition to expense reimbursements paid directly to the recipients reflected in column 1, this schedule shall include expenses incurred by the persons or firms named in column 1 which have been paid directly to vendors by the supplemental air carrier. Expenses to be reported in this schedule shall encompass payments, such as for legal, medical, engineering, advertising, accounting, statistical, educational, or charitable purposes but shall exclude payments for services which both as to their nature and amount may reasonably be regarded as ordinarily connected with the routine physical operation or maintenance of an air carrier such as payments for rent of buildings or property, for heat, light, power, telegraph, and telephone or payments to other carriers for interchange of equipment or settlement of interline traffic balances. (d) "Persons or firms" shall be construed to mean individuals, partnerships, corporations or other legal entities. Schedule G-44-Corporate and (a) This schedule shall be filed by each supplemental air carrier. (b) The information to be reported on this schedule shall be prepared in accordance with the detailed instructions set forth on the schedule, as follows: (Corporations shall complete all of the following items; partnerships and sole proprietorships are not required to report items 4, 5, and 7.) (1) The supplemental air carrier's exact name at the close of the year. Also, indicate whether the supplemental air carrier is a corporation, partnership or sole proprietorship. (2) Date of incorporation or other organization. (3) State or other sovereign power un-der which incorporated or otherwise organized. (4) Date of termination of charter. (5) Date and place of annual meetings. (6) A complete statement setting forth dates of all consolidations, mergers, reorganizations, changes in name, etc., occurring during the year. If, during the year, an original charter of incorporation or a modification of an existing charter was granted, furnish the name of each Government, State or Territory, and reference to each statute under which such grant was made. (7) With respect to any options outstanding at the close of the fiscal year to purchase securities of the air carrier from the air carrier, the following information shall be reported: (i) The amount, with the title of the issue, called for by such options. (ii) A brief outline of the prices, expiration dates, and other material conditions on which such options may be exercised. (iii) The name and address of each person holding such options calling for more than 5 percent of the total amount. subject to option, and the amount called for by the options of each person. (iv) For each class of such options not previously reported, state the consideration for the granting thereof. (Interpret or apply secs. 401, 417, as amended, 72 Stat. 754, 76 Stat. 143-6; 49 U.S.C. 1371, 1387; secs. 7, 9, 76 Stat. 146, 148; 49 U.S.C. 1371 note) [ER-369, 27 F.R. 12826, Dec. 28, 1962] NOTE: The reporting requirements contained herein have been approved by the Bureau of the Budget in accordance with the Federal Reports Act of 1942. Sec. 242.8 242.7 Schedule P-Operating StatementScheduled All-Cargo Services. Schedule T-Aircraft Statistics— Scheduled All-Cargo Services. AUTHORITY: The provisions of this Part 242 issued under sections 204 (a) and 407 of the Federal Aviation Act of 1958, 72 Stat. 743, 766; 49 U.S.C. 1324, 1377. SOURCE: The provisions of this Part 242 are contained in ER-430, 30 F.R. 2857, Mar. 5, 1965. § 242.1 Applicability. (a) This part applies to all route air carriers except local service air carriers, helicopter air carriers, and exclusively intra-Alaskan or intra-Hawaiian air carriers. Upon its own initiative or upon written carrier application, the Board may exempt any air carrier from compliance with this part or waive any provision thereof where it finds that unusual circumstances justify such exemption or waiver. (b) This part shall expire July 1, 1968, unless earlier rescinded by the Board. § 242.2 CAB Form 242; filing require ments. (a) Each air carrier subject to this part shall prepare and file in duplicate, semi-annually, CAB Form 2421 entitled "Report of Scheduled All-Cargo Services" as prescribed herein. The CAB Form 242 report consists of: (1) Certification; (2) Schedule B-Invested CapitalScheduled All-Cargo Services; (3) Schedule P-Operating Statement-Scheduled All-Cargo Services; (4) Schedule T-Aircraft StatisticsScheduled All-Cargo Services; and (5) A statement of the various allocation procedures by which the financial results of scheduled all-cargo services are separated from results for other services. (b) Schedule B shall be prepared as of June 30 and December 31 of each year, and Schedules P and T shall be prepared for the twelve months ending June 30 and December 31 of each year. The allocation statement shall be filed with the initial report, and with any subsequent report for a period in which the allocation procedure is changed. Form 242 shall be filed (postmarked) with the Board not more than forty-five (45) days 1 CAB Form 242 may be obtained from the Publications Section, Civil Aeronautics Board, Washington, D.C., 20428. after the end of each semi-annual reporting period. The report shall be addressed to the Civil Aeronautics Board, attention of the Bureau of Accounts and Statistics, Washington, D.C., 20428. § 242.3 Extension of filing time. If circumstances prevent the filing of a report within the prescribed time limit, consideration will be given to the granting of an extension upon receipt of a written request therefor. Such a request must give good and sufficient reason to justify granting the extension, must set forth the date when the report can be filed, and be submitted sufficiently in advance of the due date to permit proper time for consideration and communication to the air carrier of the action taken. Except in cases of emergency, no such request will be entertained which is not received in sufficient time to enable the Board to pass thereon before the prescribed due date. If a request is denied, the air carrier remains subject to the filing requirements to the same extent as if no request for extension of time had been made. (a) Each air carrier shall submit with its initial report on CAB Form 242 a statement of the various allocation procedures by which the investment in and operating results of scheduled all-cargo services are separated from those of other services. The statement shall clearly and completely describe the bases used in reporting each indicated balance sheet classification on Schedule B-Invested Capital, and each profit and loss classification on Schedule P-Operating Statement. (b) Whenever allocation procedures are subsequently revised, a supplementary statement shall be filed with the Form 242 report for the period in which such revisions are made, and shall clearly and completely describe the procedures upon which such revised reports are based. The effect of such change in procedures on the current report and reports previously filed shall be clearly and completely described in the supplementary statement. cate is the cover sheet of Form 242 and applies to all schedules and documents filed therewith. § 242.6 Schedule B-Invested CapitalScheduled All-Cargo Services. (a) This schedule shall be prepared as of June 30 and December 31 of each year. (b) Separate sets of this schedule shall be filed for each separate operating entity of the air carrier as prescribed in Part 241 of this chapter. (c) Data reported on this schedule shall conform with the instructions pertaining to balance sheet classifications within Part 241 of this chapter. (d) Each indicated asset classification shall be allocated between scheduled allcargo and other services in accordance with procedures that are submitted with the initial report and with subsequent reports for periods in which procedures are changed, as required by § 242.4. § 242.7 Schedule P-Operating Statement-Scheduled All-Cargo Services. (a) This schedule shall be prepared for the twelve months ending June 30 and December 31 of each year. (b) Separate sets of this schedule shall be filed for each separate operating entity of the air carrier as prescribed in Part 241 of this chapter. (c) Data reported on this schedule shall conform with the instructions pertaining to profit and loss classifications within Part 241 of this chapter. (d) Each indicated classification of revenues, operating expenses, and income taxes shall be allocated between scheduled all-cargo and other services in accordance with procedures that are submitted with the initial report and with subsequent reports for periods in which procedures are changed, as required by § 242.4. § 242.8 Schedule T-Aircraft Statistics-Scheduled All-Cargo Services. (a) This schedule shall be prepared for the twelve months ending June 30 and December 31 of each year. (b) Separate sets of this schedule shall be filed for each separate operating entity of the air carrier as prescribed in Part 241 of this chapter. (c) Data reported on this schedule shall conform with the instructions pertaining to traffic statistics within Part 241 of this chapter. NOTE: The reporting requirements contained herein have been approved by the "Cooperative Shippers Association" means any indirect air carrier classified and defined as such in Part 296 of this chapter. "Domestic" shall apply to operations between or within any of the states of the United States and the District of Columbia. "Freight Forwarder" means any indirect air carrier classified and defined as an "Air Freight Forwarder" in Part 296 of this chapter or as an "International Air Freight Forwarder" in Part 297 of this chapter. "Overseas/Foreign" shall apply to all operations other than Domestic; including but not limited to overseas operations between a place in a State, or the District of Columbia and any place in a territory or possession of the United States, or between a place in a territory or possession of the United States, and a place in any other territory or possession of the United States and foreign operations between a place in the United States and any place outside thereof. "Originating Air Station" means any air station at which the reporting forwarder receives shipments as a freight forwarder by air and tenders them to direct air carriers at such station whether such activity is undertaken directly by the reporting forwarder or through an agent. "Shipment" means (1) a single consignment of one or more pieces, from one shipper, at one time, at one address, receipted for in one lot, and moving on one air waybill to one consignee at one destination address (with respect to Schedule T-1, Item 9 and Schedule T-2) or (2) air freight which the reporting carrier does not handle in its air freight forwarding operations (with respect to Schedule T-1, Items 10-12). (b) Each cooperative shippers association shall annually file with the Board the financial and operating report, entitled "Annual Report of Cooperative Shippers Associations", (CAB Form 244A) hereinafter described. Each such association shall file this report regardless of whether it is inactive during the report period and where items are not applicable the word "none" should be inserted. § 244.3 Extension of filing time. If circumstances prevent the filing of a report within the prescribed time limit, consideration will be given to the granting of an extension upon receipt of a written request therefor. Such a request must give good and sufficient reason to justify granting the extension, must set forth the date when the report can be filed, and be submitted sufficiently in advance of the due date to permit proper time for consideration and communication to the indirect air carrier of the action taken. Except in cases of emergency no such request will be entertained which is not received in sufficient time to enable the Civil Aeronautics Board to pass thereon before the prescribed due date. If a request is denied, the indirect air carrier remains subject to the filing requirements to the same extent as if no request for extension of time had been made. |