Executive Committee of the Aviation Rulemaking Advisory Committee; Meeting, 60928-60929 [E7-21107]

Download as PDF 60928 Federal Register / Vol. 72, No. 207 / Friday, October 26, 2007 / Notices Room W12–140 of the West Building Ground Floor at 1200 New Jersey Avenue, SE., Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. • Docket: To read background documents or comments received, go to http://www.regulations.gov at any time or to the Docket Management Facility in Room W12–140 of the West Building Ground Floor at 1200 New Jersey Avenue, SE., Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. SUPPLEMENTARY INFORMATION: We will post all comments we receive, without change, to http://www.regulations.gov, including any personal information you provide. Using the search function of our docket web site, anyone can find and read the comments received into any of our dockets, including the name of the individual sending the comment (or signing the comment for an association, business, labor union, etc.). You may review DOT’s complete Privacy Act Statement in the Federal Register published on April 11, 2000 (65 FR 19477–78). FOR FURTHER INFORMATION CONTACT: Tyneka Thomas (202) 267–7626 or Frances Shaver (202) 267–9681, Office of Rulemaking, Federal Aviation Administration, 800 Independence Avenue, SW., Washington, DC 20591. This notice is published pursuant to 14 CFR 11.85. Issued in Washington, DC, on October 19, 2007. Pamela Hamilton-Powell, Director, Office of Rulemaking. Petitions for Exemption Docket No.: FAA–2007–29267. Petitioner: AirNow. Section of 14 CFR Affected: 14 CFR 61.45(a)(1)(i). Description of Relief Sought: To allow AirNow to conduct type rating flight checks in either of two versions of the EMB–110 aircraft to satisfy the requirements under § 61.45. [FR Doc. E7–21108 Filed 10–25–07; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration rmajette on PROD1PC64 with NOTICES [Summary Notice No. PE–2007–39] Petition for Exemption; Summary of Petition Received Federal Aviation Administration (FAA), DOT. ACTION: Notice of petition for exemption received. AGENCY: VerDate Aug<31>2005 15:23 Oct 25, 2007 Jkt 214001 SUMMARY: This notice contains a summary of a petition seeking relief from specified requirements of 14 CFR. The purpose of this notice is to improve the public’s awareness of, and participation in, this aspect of FAA’s regulatory activities. Neither publication of this notice nor the inclusion or omission of information in the summary is intended to affect the legal status of the petition or its final disposition. DATES: Comments on this petition must identify the petition docket number involved and must be received on or before November 15, 2007. ADDRESSES: You may send comments identified by Docket Number FAA– 2007–28292 using any of the following methods: • Government-wide rulemaking Web site: Go to http://www.regulations.gov and follow the instructions for sending your comments electronically. • Mail: Send comments to the Docket Management Facility; U.S. Department of Transportation, 1200 New Jersey Avenue, SE., West Building Ground Floor, Room W12–140, Washington, DC 20590. • Fax: Fax comments to the Docket Management Facility at 202–493–2251. • Hand Delivery: Bring comments to the Docket Management Facility in Room W12–140 of the West Building Ground Floor at 1200 New Jersey Avenue, SE., Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. Privacy: We will post all comments we receive, without change, to http:// www.regulations.gov, including any personal information you provide. Using the search function of our docket Web site, anyone can find and read the comments received into any of our dockets, including the name of the individual sending the comment (or signing the comment for an association, business, labor union, etc.). You may review DOT’s complete Privacy Act Statement in the Federal Register published on April 11, 2000 (65 FR 19477–78). Docket: To read background documents or comments received, go to http://www.regulations.gov at any time or to the Docket Management Facility in Room W12–140 of the West Building Ground Floor at 1200 New Jersey Avenue, SE., Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. FOR FURTHER INFORMATION CONTACT: Madeleine Kolb, Transport Airplane Directorate, FAA at 425–227–1134. This notice is published pursuant to 14 CFR 11.85. PO 00000 Frm 00133 Fmt 4703 Sfmt 4703 Issued in Washington, DC, on October 22, 2007. Pamela Hamilton-Powell, Director, Office of Rulemaking. Petition for Exemption Docket No.: FAA–2007–28292. Petitioner: Embraer. Section of 14 CFR Affected: § 25.1411(d)(2). Description of relief sought: A grant of exemption would allow the storage of one life-raft in the Embraer ERJ 170–100 in a location other than that closest to the unplanned ditching exit. [FR Doc. E7–21124 Filed 10–25–07; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration Executive Committee of the Aviation Rulemaking Advisory Committee; Meeting Federal Aviation Administration (FAA), DOT. ACTION: Notice of meeting. AGENCY: SUMMARY: The FAA is issuing this notice to advise the public of a meeting of the Executive Committee of the Aviation Rulemaking Advisory Committee. DATES: The meeting will be on December 5, 2007, at 10 a.m. ADDRESSES: The meeting will take place at the Federal Aviation Administration, 800 Independence Avenue, SW., Washington, DC 20591, 10th Floor, MacCracken Room. FOR FURTHER INFORMATION CONTACT: Gerri Robinson, Federal Aviation Administration, 800 Independence Avenue, SW., Washington, DC 20591, telephone (202) 267–9678; fax (202) 267–5075; e-mail Gerri.Robinson@faa.gov. Under section 10(a)(2) of the Federal Advisory Committee Act (5 U.S.C. App. 2), we are giving notice of a meeting of the Executive Committee of the Aviation Rulemaking Advisory Committee taking place on December 5, 2007, at the Federal Aviation Administration, 800 Independence Avenue, SW., Washington, DC 20591. The agenda includes: • ISO Feedback. • Report out from the Aviation Maintenance Technician Schools Curriculum and Operating Requirements Working Group to the Executive Committee. • Issue Area Status Reports from Assistant Chairs. SUPPLEMENTARY INFORMATION: E:\FR\FM\26OCN1.SGM 26OCN1 Federal Register / Vol. 72, No. 207 / Friday, October 26, 2007 / Notices • Future of ARAC. • Continuous Improvement of FAA Rulemaking Process. • Remarks from other EXCOM members. Attendance is open to the interested public but limited to the space available. The FAA will arrange teleconference service for individuals wishing to join in by teleconference if we receive notice by November 26. Arrangements to participate by teleconference can be made by contacting the person listed in the FOR FURTHER INFORMATION CONTACT section. Callers outside the Washington metropolitan area are responsible for paying long-distance charges. The public must arrange by November 26 to present oral statements at the meeting. The public may present written statements to the executive committee by providing 25 copies to the Executive Director, or by bringing the copies to the meeting. If you are in need of assistance or require a reasonable accommodation for this meeting, please contact the person listed under the heading FOR FURTHER INFORMATION CONTACT. Issued in Washington, DC, October 16, 2007. Pamela Hamilton-Powell, Executive Director, Aviation Rulemaking Advisory Committee. [FR Doc. E7–21107 Filed 10–25–07; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Ex Parte No. 661 (Sub-No. 1)] Rail Fuel Surcharges AGENCY: Surface Transportation Board, DOT. Notice of OMB Approval of Information Collection. rmajette on PROD1PC64 with NOTICES ACTION: SUMMARY: Pursuant to the Paperwork Reduction Act, 44 U.S.C. 3501 et. seq. (PRA) and Office of Management and Budget (OMB) regulations at 5 CFR 1320.11, the Surface Transportation Board has obtained OMB approval for the collection of information adopted by the Board in Rail Fuel Surcharges, STB Ex Parte No. 661 (Sub-No. 1) (STB served Aug. 14, 2007). This collection, which is codified at 49 CFR 1243.3, has been assigned OMB Control No. 2140–0014. Unless renewed, OMB approval expires on October 31, 2010. The display of a currently valid OMB control number for this collection is required by law. Under VerDate Aug<31>2005 15:23 Oct 25, 2007 Jkt 214001 the PRA and 5 CFR 1320.8, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection displays a currently valid OMB control number. Vernon A. Williams, Secretary. [FR Doc. E7–21072 Filed 10–25–07; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Ex Parte No. 664] Methodology to be Employed in Determining the Railroad Industry’s Cost of Capital AGENCY: Surface Transportation Board, DOT. ACTION: Notice of public hearing. SUMMARY: The Surface Transportation Board will hold a public hearing beginning at 10 a.m. on Tuesday, December 4, 2007, at its offices in Washington, DC. The purpose of the hearing will be to allow current parties of record to comment on the proposed methodology to be employed in determining the railroad industry’s estimated cost of capital and the record developed in this proceeding. Parties of record wishing to speak at the hearing should notify the Board in writing. DATES: The public hearing will take place on Tuesday, December 4, 2007. Any party of record wishing to speak at the hearing should file with the Board a written notice of intent to participate, and should identify the party, the proposed speaker, the time requested, and the topic(s) to be covered, as soon as possible but no later than November 20, 2007. Each speaker should also file with the Board his/her written testimony by November 27, 2007. ADDRESSES: All notices of intent to participate and testimony may be submitted either via the Board’s e-filing format or in the traditional paper format. Any person using e-filing should attach a document and otherwise comply with the Board’s ‘‘www.stb.dot.gov’’ website, at the ‘‘EFILING’’ link. Any person submitting a filing in the traditional paper format should send an original and 10 copies of the filing to: Surface Transportation Board, Attn: STB Ex Parte No. 664, 395 E Street, SW., Washington, DC 20423– 0001. FOR FURTHER INFORMATION CONTACT: Timothy Strafford, (202) 245–0356. [Assistance for the hearing impaired is PO 00000 Frm 00134 Fmt 4703 Sfmt 4703 60929 available through the Federal Information Relay Service (FIRS) at: (800) 877–8339.] SUPPLEMENTARY INFORMATION: Each year the Surface Transportation Board (Board) determines the railroad industry’s cost of capital. The Board then uses this cost of capital figure for a variety of regulatory purposes. It is used to evaluate the adequacy of individual railroads’ revenues each year. It is also employed in maximum rate cases, feeder line applications, rail line abandonments, and trackage rights cases. The Board calculates the cost of capital as the weighted average of the cost of debt and the cost of equity, with the weights determined by the capital structure (the fraction of capital from debt or equity on a market-value basis) of the railroad industry. While the cost of debt is observable and readily available, the cost of equity (the expected return that equity investors require) can only be estimated. How best to calculate the cost of equity is the subject of a vast amount of literature covering the fields of finance, economics, and regulation. In each case, however, because the cost of equity cannot be directly observed, estimating the cost of equity requires adopting a financial model and making a variety of simplifying assumptions. The Board currently uses a Discounted Cash Flow (DCF) methodology to calculate the cost of equity, which in turn is used to calculate the cost of capital. By advance notice of proposed rulemaking served on September 20, 2006, the Board sought comments on the appropriate methodology to be employed in determining the cost of equity component of the cost of capital. On February 15, 2007, the Board held a hearing on the Board’s cost-of-capital calculation, and how this evidence should be submitted and analyzed in future proceedings. On August 14, 2007, the Board proposed to move from a DCF method to a Capital Asset Pricing Model (CAPM) method in determining the estimated cost of capital. Generally, CAPM first determines the return an investor would receive on a risk-free investment. An estimate of the risk premium associated with the particular investment is then developed. Once the risk premium is quantified, its value is added to the risk-free investment rate to obtain an estimate of the cost of equity. In the August 14, 2007 decision, the Board invited comments on the proposed methodology. A number of parties have commented on the importance of this proceeding and the Association of American Railroads E:\FR\FM\26OCN1.SGM 26OCN1

Agencies

[Federal Register Volume 72, Number 207 (Friday, October 26, 2007)]
[Notices]
[Pages 60928-60929]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-21107]


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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration


Executive Committee of the Aviation Rulemaking Advisory 
Committee; Meeting

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of meeting.

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SUMMARY: The FAA is issuing this notice to advise the public of a 
meeting of the Executive Committee of the Aviation Rulemaking Advisory 
Committee.

DATES: The meeting will be on December 5, 2007, at 10 a.m.

ADDRESSES: The meeting will take place at the Federal Aviation 
Administration, 800 Independence Avenue, SW., Washington, DC 20591, 
10th Floor, MacCracken Room.

FOR FURTHER INFORMATION CONTACT: Gerri Robinson, Federal Aviation 
Administration, 800 Independence Avenue, SW., Washington, DC 20591, 
telephone (202) 267-9678; fax (202) 267-5075; e-mail 
Gerri.Robinson@faa.gov.

SUPPLEMENTARY INFORMATION: Under section 10(a)(2) of the Federal 
Advisory Committee Act (5 U.S.C. App. 2), we are giving notice of a 
meeting of the Executive Committee of the Aviation Rulemaking Advisory 
Committee taking place on December 5, 2007, at the Federal Aviation 
Administration, 800 Independence Avenue, SW., Washington, DC 20591. The 
agenda includes:
     ISO Feedback.
     Report out from the Aviation Maintenance Technician 
Schools Curriculum and Operating Requirements Working Group to the 
Executive Committee.
     Issue Area Status Reports from Assistant Chairs.

[[Page 60929]]

     Future of ARAC.
     Continuous Improvement of FAA Rulemaking Process.
     Remarks from other EXCOM members.

Attendance is open to the interested public but limited to the space 
available. The FAA will arrange teleconference service for individuals 
wishing to join in by teleconference if we receive notice by November 
26. Arrangements to participate by teleconference can be made by 
contacting the person listed in the FOR FURTHER INFORMATION CONTACT 
section. Callers outside the Washington metropolitan area are 
responsible for paying long-distance charges.

    The public must arrange by November 26 to present oral statements 
at the meeting. The public may present written statements to the 
executive committee by providing 25 copies to the Executive Director, 
or by bringing the copies to the meeting.
    If you are in need of assistance or require a reasonable 
accommodation for this meeting, please contact the person listed under 
the heading FOR FURTHER INFORMATION CONTACT.

    Issued in Washington, DC, October 16, 2007.
Pamela Hamilton-Powell,
Executive Director, Aviation Rulemaking Advisory Committee.
[FR Doc. E7-21107 Filed 10-25-07; 8:45 am]
BILLING CODE 4910-13-P