Number 269 - Accounting for Payments Received under the Emergency Wartime Supplemental Appropriations Act of 2003
Department of Transportation, Bureau of Transportation Statistics, Office of Airline Information
Number 269
Issue Date: June 26, 2003
Effective Date: Immediately
UNDER FORM 41
Air carriers must report payments received from the Transportation Security Administration under the Emergency Wartime Supplemental Appropriations Act of 2003 in Account 8189, "Other Nonoperating Income and Expense - Net." Carriers must also disclose on BTS Form 41, Schedule P-2, "Notes to BTS Form 41 Report" the timing, amount and nature of such payments. For the monthly Schedule P-1(a), Interim Operations Report, carriers must include payments received under the Act in the calculation of Line 4, "Net Income." Do not include the payments when calculating Line 1 "Total Operating Revenues," Line 2 "Total Operating Expenses" and Line 3, "Operating Profit or Loss."
UNDER FORM 298-C
When submitting BTS Form 298-C, Schedule F-1, "Report of Financial Data," carriers must include payments received under the Act in the calculation of Line 3, "Net Income." Do not include the payments when calculating Line 1, "Total Operating Revenues" and Line 2 "Total Operating Expenses."
UNDER FORM 291-A
When submitting Form 291-A, carriers must include payments received under the Act in the calculation of Line 7, "Net Income." Do not include the payments when calculating Line 4, "Total Operating Revenues," Line 5 "Total Operating Expenses," and Line 6, "Operating Profit or Loss."
Please e-mail any questions you have to Bernie Stankus at bernard.stankus@bts.gov (link sends e-mail) or contact him by telephone on (202) 366-4387.
This action is taken under authority delegated in 14 CFR Part 385.19(b) of the Department's Organizational Regulations.
Donald W. Bright
Assistant Director
Airline Information