Understanding Reporting Carrier [Aeronautics and Space]: Legal Insights

Definition & Meaning

A reporting carrier is an air carrier that is certified under federal law and has generated at least one percent of domestic scheduled-passenger revenues in the twelve months ending March 31 each year. This revenue must be reported to the Department of Transportation according to specific regulations. The identification of reporting carriers is updated periodically through directives from the Office of Airline Information.

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Real-world examples

Here are a couple of examples of abatement:

For instance, a major airline that operates domestic flights and generates significant passenger revenue would qualify as a reporting carrier. This airline must report its financial data to the Department of Transportation to comply with federal regulations. (hypothetical example)

Comparison with related terms

Term Definition Differences
Air Carrier A company that provides air transport services for passengers or cargo. All reporting carriers are air carriers, but not all air carriers meet the reporting criteria.
Scheduled Carrier An air carrier that operates flights according to a published schedule. Reporting carriers must meet revenue thresholds, while scheduled carriers may not.

What to do if this term applies to you

If you are involved with an air carrier that may qualify as a reporting carrier, ensure that you understand the reporting requirements. You can use legal templates from US Legal Forms to assist with the necessary documentation. If the situation is complex or if you have specific legal questions, consider consulting a legal professional for tailored advice.

Quick facts

Attribute Details
Jurisdiction Federal
Revenue Threshold At least one percent of domestic scheduled-passenger revenues
Reporting Period Twelve months ending March 31

Key takeaways

Frequently asked questions

A reporting carrier is an air carrier that meets specific revenue thresholds and is certified under federal law.