should state "No Category X revenue is included in this schedule."

(e) Line 5 "Paid ferry trips" shall reflect revenue for ferry trips performed in the course of round-trip MAC charters as required by § 288.9 of the Economic Regulations.

(f) "Operating expenses" shall include all expenses incurred in empty ferry backhauls of one-way MAC charters to point of origin of such charters, consistent with the mileages reported on Schedule D-3.

(g) Line 8 "Aircraft depreciation" shall reflect depreciation expense computed on the basis used for reporting on Form 41. If the depreciation basis is different for periodic MAC rate reviews, the latter depreciation values may be entered for each type of charter in footnote. § 243.8 Schedule D-3-summary of operating statistics and aircraft utilization-MAC Charter Contracts.

(a) This schedule shall be prepared for each calendar quarter.

(b) If MAC charter services are performed in both the Atlantic and the Pacific areas, separate schedules shall be prepared for each area and the appropriate box checked.

(c) Separate data shall be presented for each aircraft type.

(d) This paragraph applies only to those carriers whose contracts specify Category X charter services. Category X charter aircraft miles flown may be included on lines 2, 4, and 6, as appropriate. (See § 243.2(a).) If included, such miles shall be shown in footnote for each line, segregated by aircraft type. If not included, the footnote should state "No Category X miles are included in this schedule."

(e) Miles flown in Category B (and Category X) charters shall be reported on the basis of the great-circle distance, in statute miles, between airports served. Line 14 "Total MAC charter pay miles" shall reflect the total miles, as set out in MAC contracts and service orders, upon which MAC payments are based. Miles reported for Logair and Quicktrans charters shall be the miles as set out in the contracts.

(f) Line 9 "Paid ferry miles" shall reflect ferry miles flown in the course of round-trip charters and paid for by MAC as required by § 288.9 of the Economic Regulations.

(g) On trips designated "convertible" by MAC, the miles flown with passengers

shall be reported on line 7, not line 2; and the miles flown with cargo shall be reported on line 8, not line 4.

(h) The average daily utilization reported on line 15 shall be based on the system utilization of each aircraft type used in MAC charter services: Provided, That utilization of any aircraft used primarily for operations not related to the carrier's MAC charter services and only incidentally used for MAC charter services shall be excluded.

(1) Directed landings reported on line 18 or 19, as appropriate, shall reflect the number of landings directed by MAC and performed by the carrier, for which the carrier receives a fixed compensation in addition to the line-haul rate.

NOTE: The reporting requirements contained herein have been approved by the Bureau of the Budget in accordance with the Federal Reports Act of 1942.

For the purposes of this part:

An "affiliate" of a long-haul motor carrier or an air freight forwarder means a person who controls such carrier or is controlled by such carrier or by another person who controls or is controlled by such carrier. A person who beneficially owns, directly or indirectly, 10 percent or more of the outstanding issued capital stock of a carrier, in the absence of a proper showing to the Board that he does not control the carrier despite his stock ownership, shall be deemed to control the carrier for purposes of this part. "Air Freight Forwarding Operations" means the operations of the reporting forwarder conducted under its own air waybills (or other documents serving the same purpose)—and not its operations as an agent of a shipper or of a direct air carrier.

"Consolidation" means air freight, handled in the air freight forwarding operations of the forwarder, which is tendered to a direct air carrier (or other freight forwarder in the case of joint loading) where the reporting forwarder is consignor and consignee.

"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.

"Long-haul motor carrier" means a motor carrier holding operating rights issued by the Interstate Commerce Commission to haul general commodities be

tween any pair of points which are over 500 air miles apart, or an affiliate of such a carrier.

"Overseas/Foreign" shall apply to all operations other than Domnestic; 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).

[ER-306, 25 F.R. 6263, July 2, 1960, as amended by ER-595, 34 F.R. 19340, Dec. 6, 1969]

§ 244.2 Applicability.

(a) Every freight forwarder holding effective authority from the Board shall periodically prepare and file the financial, operating and insurance report entitled "Report of Air Freight Forwarders and International Air Freight Forwarders," (CAB Form 244) as provided in this part whether or not such forwarder is actively engaged in air freight forwarding operations.1

(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 fille this report regardless of whether it is inactive during the

1 See § 244.30 for provisions respecting certain reports for the semiannual period ending June 30, 1960, and Statements of Insurance Coverage to be filed after June 30, 1960.

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.

A waiver of any provision of this regulation may be granted by the Board upon its own initiative or upon the submission by an indirect air carrier of a written request therefor, provided that such a waiver is in the public interest and it appears to the Board that temporary or particular conditions warrant a departure from the provisions set forth herein.

§ 244.5 Separability.

If any provision of this part or the application thereof to any indirect air carrier or circumstance is held invalid, the remainder of this part and the application of such provision to other indirect air carriers or circumstances shall not be affected thereby.

Subpart B-Financial, Operating and Insurance Reports by Freight Forwarders

Freight Forwarders", in accordance with the requirements of this part and the instructions set forth in such form which is incorporated herein and annexed hereto.

(b) The aforesaid report consists of a statement of certification and individual schedules to be filed therewith at various specified times. These schedules are identified as follows:

(1) Schedule B, Balance Sheet; P, Statement of Profit and Loss; T-1, Operating Statistics; T-2, Station Data; and T-3, Traffic Flow Data; all to be filed semiannually.

(2) Schedule G-1, General Officers and Directors, List of Stockholders; and G-2, Corporate and Securities Data; Investments in Other Companies; both to be filed annually.

(3) Schedule I, Statement of Insurance Coverage; to be filed semiannually and after any change in the data reported.

(4) Schedule T-4, Originating Air Station Data; T-5, Supplemental Operating Statistics-Long-Haul Motor Carriers/Air Freight Forwarders; T-6, Analysis of Traffic by Weight Breaks; all to be filed quarterly by (1) long-haul motor carriers of general commodities which are authorized to operate as air freight forwarders or international air freight forwarders, and (2) air freight forwarders or international air freight forwarders which are affiliates of longhaul motor carriers. Schedule T-6 shall also be filed by long-haul motor carriers affiliated with air freight forwarders or international air freight forwarders or operating as a separate division within the forwarder's corporate structure.3

(5) A location report (as provided in § 244.19d, infra) to be filed annually by (1) long-haul motor carriers of general commodities holding an authorization to operate as air freight forwarders or international air freight forwarders, and (2) air freight forwarders or international air freight forwarders which are affiliates of long-haul motor carriers.*

3 Schedules T-4, T-5, and T-6 and the location report referred to in subparagraph (5) above shall be required for a temporary period coterminous with the term of the operating authorizations issued in the Motor Carrier-Air Freight Forwarder Investigation (Docket 16857, Order 69-4-100) and for the duration of any proceeding in which a renewal of the authorization is sought. Schedules filed as part of original document. • Ibid.

(c) The aforesaid schedules and certification shall be filed so as to be received by the Civil Aeronautics Board within forty-five (45) days after the termination of each prescribed quarterly, semiannual, and annual period and, with respect to Schedule I, also within thirty (30) days after a change relative to insurance data previously reported. All documents filed in connection with the report shall be considered a part thereof and included within the certification pertaining to the report. The reports shall be addressed to the Board, attention of the Bureau of Accounts and Statistics.

[ER-306, 25 F.R. 6263, July 2, 1960, as amended by ER-595, 34 F.R. 19340, Dec. 6, 1969]

§ 244.11 Report certification.

Each filing of CAB Form 244 schedules shall be accompanied by a signed statement by the official in charge of the carrier's accounts certifying that all schedules and supporting documents submitted therewith or previously thereto as parts of the particular report were prepared by him or under his direction, that he has carefully examined them and that they correctly reflect the accounts and records of the carrier and are complete and accurate to the best of his knowledge and belief. The statement of certification appears on the face sheet of the report form and shall apply to all CAB Form 244 schedules and documents filled therewith. The original of the certification shall be accompanied by a conformed copy thereof.

§ 244.12 Balance sheet (Schedule B).

(a) The balance sheet, which is designated as Schedule B of CAB Form 244, shall be prepared as of June 30 and December 31 of each year and be filed with the Board as provided in § 244.10.

(b) Schedule B shall reflect the balances of all the assets and the liabilities and capital of the reporting forwarder. Assets shall be subdivided into current assets, property and equipment, and other assets. Liabilities shall be subdivided into current liabilities, longterm debt, and other liabilities. All the aforestated categories shall be further subdivided into their principal components as shown by Schedule B and the instructions thereon.

§ 244.13 Statement of profit and loss (Schedule P).

(a) The statement of profit and loss, which is designated as Schedule P of CAB Form 244, shall be prepared for each semiannual period ending June 30 and December 31 of each year and be filed with the Board as provided in § 244.10.

(b) Schedule P shall reflect the revenues and expenses of the reporting forwarder with separation as between domestic and overseas/foreign operations if both are engaged in. Both revenues and expenses shall be divided as between those derived from air freight forwarding and those from other operations, and further subdivided into their principal components as shown by Schedule P and the instructions thereon. § 244.14

T-1).

Operating statistics (Schedule

(a) The schedule of operating statistics, which is designated as Schedule T-1 of CAB Form 244, shall be prepared for each semiannual period ending June 30 and December 31 of each year and be filed with the Board as provided in § 244.10.

(b) Schedule T-1 shall be prepared and filed only by freight forwarders whose gross air freight forwarding revenues (item 4 of Schedule P) exceed $50,000 for the 12-month period ending on the same date as the semiannual period covered by the particular report.

(c) Schedule T-1 shall cover where applicable both domestic and overseas/ foreign air operations. With respect to air freight forwarding operations of the forwarder, the schedule shall reflect the number and weight of (1) all consolidations tendered by the freight forwarder to each class of direct air carrier for transportation by charter and otherwise, (2) all consolidations tendered under joint loading arrangements, and (3) all shipments received from shippers for forwarding. With respect to other air operations by the forwarder, the schedule shall reflect the number and weight of all shipments tendered by the reporting carrier to direct air carriers in a capacity other than as a freight forwarder (air cargo sales agent, shipper's agent, or other capacity). All the aforestated categories shall be itemized and subdivided as shown by Schedule T-1 and the instructions thereon.

§ 244.15 Station data (Schedule T-2).

(a) The schedule of station data, which is designated as Schedule T-2 of CAB Form 244, shall be prepared for each semiannual period ending June 30 and December 31 of each year and be filled with the Board as provided in § 244.10.

(b) Schedule T-2 shall be filed only by carriers whose gross air freight forwarder revenues (item 4 of Schedule P) exceed $50,000 for the 12-month period ending on the same date as the semiannual period covered by the particular report.

(c) Schedule T-2 shall cover the traffic volume handled by the reporting forwarder at each originating air station in domestic and overseas/foreign air freight forwarding operations where applicable. For each originating air station, report the total number of all air shipments received from shippers at such station (not including shipments being reconsolidated) and the total number and weight of all consolidations made to direct air carriers, or freight forwarders in the case of joint loading, at such station (including reconsolidations-that is, air freight which has previously been consolidated, in the air freight forwarding operations of the reporting forwarder, and tendered to a direct air carrier, or freight forwarder in the case of joint loading). This data shall be reported as shown by Schedule T-2 and the instructions thereon.

§ 244.16 Traffic flow data (Schedule T-3).

(a) The schedule of traffic flow data, which is designated as Schedule T-3 of CAB Form 244, shall be prepared for each semiannual period ending June 30 and December 31 of each year and be filled with the Board as provided in § 244.10.

(b) Schedule T-3 shall reflect the main routings of consolidations handled by the reporting forwarder in both domestic and overseas/foreign air freight forwarding operations where applicable. The reporting forwarder shall list on this Schedule, in descending order of importance, the ten pairs of air stations representing the largest directional traffic flow based upon the total weight of air consolidations tendered to direct air carriers (or freight forwarders in the

case of joint loading) and transported between such stations, in one direction. There shall also be listed the total tonnage of consolidations moving between each of the ten pairs in such direction. The aforesaid data shall be reported as shown by Schedule T-3 and the instructions thereon.

§ 244.17 General officers and directors, list of stockholders (Schedule G-1).

(a) The schedule relating to general officers, directors and stockholders, which is designated as Schedule G-1 of CAB Form 244, shall be prepared as of December 31 of each year and filed with the Board as provided in § 244.10.

(b) Schedule G-1 shall identify, in cases where the reporting forwarder is a corporation, those officers and directors whose positions are elective and their ownership of the reporting forwarder's securities. This schedule shall also identify all persons holding more than five percent of the reporting forwarder's outstanding capital stock or, in cases of unincorporated business enterprises, more than five percent of the total invested capital, and the holdings of each such person. The above-mentioned persons and their holdings shall be identified in the manner set forth in Schedule G-1 and the instructions thereon.

§ 244.18 Corporate and securities data, investments in other companies (Schedule G-2).

(a) The schedule relating to corporate and securities data and investments in other companies, which is designated as Schedule G-2 of CAB Form 244, shall be prepared as of December 31 of each year and filed with the Board as provided in § 244.10.

(b) Schedule G-2 shall reflect the exact name of the forwarder and, as applicable, the date and place of incorporation, date of charter termination, the date and place of annual meetings, and a complete statement of any corporate change and a description of any outstanding options to purchase the reporting forwarder's securities. This schedule shall also reflect the holdings of the reporting forwarder in other companies. The above-mentioned information shall be reported as specifically indicated by Schedule G-2 and the instructions thereon.