Agency Information Collection; Activity Under OMB Review; Report of Financial and Operating Statistics for Large Certificated Air Carriers, 39155 [2011-16703]

Download as PDF Federal Register / Vol. 76, No. 128 / Tuesday, July 5, 2011 / Notices Issued on June 27, 2011. Anne Suissa, Director, Office of Airline Information, Bureau of Transportation Statistics. [FR Doc. 2011–16705 Filed 7–1–11; 8:45 am] BILLING CODE 4910–HY–P DEPARTMENT OF TRANSPORTATION Research & Innovative Technology Administration [Docket ID Number RITA 2008–0002] Agency Information Collection; Activity Under OMB Review; Report of Financial and Operating Statistics for Large Certificated Air Carriers Research & Innovative Technology Administration (RITA), Bureau of Transportation Statistics (BTS), DOT. ACTION: Notice. AGENCY: In compliance with the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), this notice announces that the Information Collection Request (ICR) abstracted below is being forwarded to the Office of Management and Budget (OMB) for extension of currently approved collection. The ICR describes the nature of the information collection and its expected burden. The Federal Register Notice with a 60-day comment period soliciting comments on the following collection of information was published on January 27, 2011 (76 FR 4992). The Bureau of Economic Analysis at the Department of Commerce submitted comments in support of the continuation of the data collection. DATES: Written comments should be submitted by August 4, 2011. FOR FURTHER INFORMATION CONTACT: Jeff Gorham, Office of Airline Information, RTS–42, Room E34–414, RITA, BTS, 1200 New Jersey Avenue, SE., Washington, DC 20590–0001, Telephone Number (202) 366–4406, Fax Number (202) 366–3383 or e-mail jeff.gorham@dot.gov. Comments: Send comments to the Office of Information and Regulatory Affairs, Office of Management and Budget, 725–17th Street, NW., Washington, DC 20503, Attention: RITA/BTS Desk Officer. SUPPLEMENTARY INFORMATION: srobinson on DSK4SPTVN1PROD with NOTICES SUMMARY: OMB Approval No. 2138–0013 Title: Report of Financial and Operating Statistics for Large Certificated Air Carriers. Form No.: BTS Form 41. Type Of Review: Extension of a currently approved collection. VerDate Mar<15>2010 19:00 Jul 01, 2011 Jkt 223001 Respondents: Large certificated air carriers. Number of Respondents: 76. Estimated Time per Response: 4 hours per schedule, an average carrier may submit 90 schedules in one year. Total Annual Burden: 27,360 hours. Needs and Uses: Program uses for Form 41 data are as follows: Mail Rates The Department of Transportation sets and updates mainline Alaska mail rates based on carrier aircraft operating expense, traffic and operational data. Form 41 cost data, especially fuel costs, terminal expenses, and line haul expenses are used in arriving at rate levels. DOT revises the established rates based on the percentage of unit cost changes in the carriers’ operations. These updating procedures have resulted in the carriers receiving rates of compensation that more closely parallel their costs of providing mail service and contribute to the carriers’ economic well-being. Submission of U.S. Carrier Data to ICAO As a party to the Convention on International Civil Aviation, the United States is obligated to provide the International Civil Aviation Organization with financial and statistical data on operations of U.S. air carriers. Over 99 percent of the data filed with ICAO is extracted from the carriers’ Form 41 reports. Carrier Fitness Fitness determinations are made for both new entrants and established U.S. domestic carriers proposing a substantial change in operations. A portion of these applications consists of an operating plan for the first year (14 CFR part 204) and an associated projection of revenues and expenses. The carrier’s operating costs, included in these projections, are compared against the cost data in Form 41 for a carrier or carriers with the same aircraft type and similar operating characteristics. Such a review validates the reasonableness of the carrier’s operating plan. Form 41 reports, particularly balance sheet reports and cash flow statements play a major role in the identification of vulnerable carriers. Data comparisons are made between current and past periods in order to assess the current financial position of the carrier. Financial trend lines are extended into the future to analyze the continued viability of the carrier. DOT reviews three areas of a carrier’s operation: (1) The qualifications of its management PO 00000 Frm 00088 Fmt 4703 Sfmt 4703 39155 team, (2) its disposition to comply with laws and regulations, and (3) its financial posture. DOT must determine whether or not a carrier has sufficient financial resources to conduct its operations without imposing undue risk on the traveling public. Moreover, once a carrier is operating, DOT is required to monitor its continuing fitness. Senior DOT officials must be kept fully informed as to all current and developing economic issues affecting the airline industry. In preparing financial conditions reports or status reports on a particular airline, financial and traffic data are analyzed. Briefing papers may use the same information. The Confidential Information Protection and Statistical Efficiency Act of 2002 (44 U.S.C. 3501 note), requires a statistical agency to clearly identify information it collects for non-statistical purposes. BTS hereby notifies the respondents and the public that BTS uses the information it collects under this OMB approval for non-statistical purposes including, but not limited to, publication of both Respondent’s identity and its data, submission of the information to agencies outside BTS for review, analysis and possible use in regulatory and other administrative matters. Issued in Washington, DC, on June 27, 2011. Anne Suissa, Director, Office of Airline Information. [FR Doc. 2011–16703 Filed 7–1–11; 8:45 am] BILLING CODE 4910–HY–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35363] R.J. Corman Railroad Property, LLC— Acquisition Exemption—NC Railroad, Inc R. J. Corman Railroad Property, LLC (RJC Railroad Property), a Class III rail carrier, filed a verified notice of exemption under 49 CFR 1150.41 to acquire from NC Railroad, Inc. (NCRL) approximately 42 route miles of rail line between milepost 0.144 at or near Oneida and milepost 42.0 at or near Devonia, in Scott, Campbell, and Anderson Counties, Tenn. The notice was served and published in the Federal Register on April 9, 2010 (75 FR 18,253), and became effective on April 25, 2010. On May 28, 2010, RJC Railroad Property filed a correction to the notice. According to RJC Railroad Property, the acquisition for which exemption was E:\FR\FM\05JYN1.SGM 05JYN1

Agencies

[Federal Register Volume 76, Number 128 (Tuesday, July 5, 2011)]
[Notices]
[Page 39155]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-16703]


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DEPARTMENT OF TRANSPORTATION

Research & Innovative Technology Administration

[Docket ID Number RITA 2008-0002]


Agency Information Collection; Activity Under OMB Review; Report 
of Financial and Operating Statistics for Large Certificated Air 
Carriers

AGENCY: Research & Innovative Technology Administration (RITA), Bureau 
of Transportation Statistics (BTS), DOT.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: In compliance with the Paperwork Reduction Act of 1995 (44 
U.S.C. 3501 et seq.), this notice announces that the Information 
Collection Request (ICR) abstracted below is being forwarded to the 
Office of Management and Budget (OMB) for extension of currently 
approved collection. The ICR describes the nature of the information 
collection and its expected burden. The Federal Register Notice with a 
60-day comment period soliciting comments on the following collection 
of information was published on January 27, 2011 (76 FR 4992). The 
Bureau of Economic Analysis at the Department of Commerce submitted 
comments in support of the continuation of the data collection.

DATES: Written comments should be submitted by August 4, 2011.

FOR FURTHER INFORMATION CONTACT: Jeff Gorham, Office of Airline 
Information, RTS-42, Room E34-414, RITA, BTS, 1200 New Jersey Avenue, 
SE., Washington, DC 20590-0001, Telephone Number (202) 366-4406, Fax 
Number (202) 366-3383 or e-mail jeff.gorham@dot.gov.
    Comments: Send comments to the Office of Information and Regulatory 
Affairs, Office of Management and Budget, 725-17th Street, NW., 
Washington, DC 20503, Attention: RITA/BTS Desk Officer.

SUPPLEMENTARY INFORMATION:

OMB Approval No. 2138-0013

    Title: Report of Financial and Operating Statistics for Large 
Certificated Air Carriers.
    Form No.: BTS Form 41.
    Type Of Review: Extension of a currently approved collection.
    Respondents: Large certificated air carriers.
    Number of Respondents: 76.
    Estimated Time per Response: 4 hours per schedule, an average 
carrier may submit 90 schedules in one year.
    Total Annual Burden: 27,360 hours.
    Needs and Uses: Program uses for Form 41 data are as follows:

Mail Rates

    The Department of Transportation sets and updates mainline Alaska 
mail rates based on carrier aircraft operating expense, traffic and 
operational data. Form 41 cost data, especially fuel costs, terminal 
expenses, and line haul expenses are used in arriving at rate levels. 
DOT revises the established rates based on the percentage of unit cost 
changes in the carriers' operations. These updating procedures have 
resulted in the carriers receiving rates of compensation that more 
closely parallel their costs of providing mail service and contribute 
to the carriers' economic well-being.

Submission of U.S. Carrier Data to ICAO

    As a party to the Convention on International Civil Aviation, the 
United States is obligated to provide the International Civil Aviation 
Organization with financial and statistical data on operations of U.S. 
air carriers. Over 99 percent of the data filed with ICAO is extracted 
from the carriers' Form 41 reports.

Carrier Fitness

    Fitness determinations are made for both new entrants and 
established U.S. domestic carriers proposing a substantial change in 
operations. A portion of these applications consists of an operating 
plan for the first year (14 CFR part 204) and an associated projection 
of revenues and expenses. The carrier's operating costs, included in 
these projections, are compared against the cost data in Form 41 for a 
carrier or carriers with the same aircraft type and similar operating 
characteristics. Such a review validates the reasonableness of the 
carrier's operating plan.
    Form 41 reports, particularly balance sheet reports and cash flow 
statements play a major role in the identification of vulnerable 
carriers. Data comparisons are made between current and past periods in 
order to assess the current financial position of the carrier. 
Financial trend lines are extended into the future to analyze the 
continued viability of the carrier. DOT reviews three areas of a 
carrier's operation: (1) The qualifications of its management team, (2) 
its disposition to comply with laws and regulations, and (3) its 
financial posture. DOT must determine whether or not a carrier has 
sufficient financial resources to conduct its operations without 
imposing undue risk on the traveling public. Moreover, once a carrier 
is operating, DOT is required to monitor its continuing fitness.
    Senior DOT officials must be kept fully informed as to all current 
and developing economic issues affecting the airline industry. In 
preparing financial conditions reports or status reports on a 
particular airline, financial and traffic data are analyzed. Briefing 
papers may use the same information.
    The Confidential Information Protection and Statistical Efficiency 
Act of 2002 (44 U.S.C. 3501 note), requires a statistical agency to 
clearly identify information it collects for non-statistical purposes. 
BTS hereby notifies the respondents and the public that BTS uses the 
information it collects under this OMB approval for non-statistical 
purposes including, but not limited to, publication of both 
Respondent's identity and its data, submission of the information to 
agencies outside BTS for review, analysis and possible use in 
regulatory and other administrative matters.

    Issued in Washington, DC, on June 27, 2011.
Anne Suissa,
Director, Office of Airline Information.
[FR Doc. 2011-16703 Filed 7-1-11; 8:45 am]
BILLING CODE 4910-HY-P
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