duplicate, shall accompany each Form 242 filed with the Board. This certificate is the cover sheet of Form 242 and applies to all schedules and documents filed therewith.

§ 242.6

Schedule B-Invested Capital— Scheduled All-Cargo Services.

(a) This schedule shall be prepared as of June 30 and December 31 of each year.

(b) Separate sets of this schedule shall be filed for each separate operating entity of the air carrier as prescribed in Part 241 of this chapter.

(c) Data reported on this schedule shall conform with the instructions pertaining to balance sheet classifications within Part 241 of this chapter.

(d) Each indicated asset classification shall be allocated between scheduled allcargo and other services in accordance with procedures that are submitted with the initial report and with subsequent reports for periods in which procedures are changed, as required by § 242.4.

Subpart B-Financial, Operating, and Insurance

Reports by Freight Forwarders

General.

Report certification.

244.12

Balance sheet (Schedule B).

244.13

Statement of profit and loss (Schedule P).

244.14

Operating statistics (Schedule T-1).

244.15

Station data (Schedule T-2).

244.16

Traffic flow data (Schedule T-3).

(b) Separate sets of this schedule shall be filed for each separate operating entity of the air carrier as prescribed in Part 241 of this chapter.

(c) Data reported on this schedule shall conform with the instructions pertaining to profit and loss classifications within Part 241 of this chapter.

(d) Each indicated classification of revenues, operating expenses, and income taxes shall be allocated between scheduled all-cargo and other services in accordance with procedures that are submitted with the initial report and with subsequent reports for periods in which procedures are changed, as required by § 242.4.

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

244.19

Statement of insurance coverage (Schedule I).

Subpart C-Annual Reports by Cooperative Shippers Associations

244.20 Annual report.

Subpart D-Effective Date

244.30 Filing of reports.

AUTHORITY: The provisions of this Part 244 issued under secs. 204, 407, 72 Stat. 743; 49 U.S.C. 1324, 1377.

SOURCE: The provisions of this Part 244 contained in ER-306, 25 F.R. 6263, July 2, 1960, unless otherwise noted.

§ 244.1

Subpart A-General
Definitions.

For the 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.

"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 des

tination 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).

§ 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

(CAB

(b) Each cooperative shippers association shall annually file with the Board the financial and operating report, entitled "Annual Report of Cooperative Shippers Associations", Form 244A) hereinafter described. Each such association shall file this report regardless of whether it is inactive during the 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.

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.

(a) Each freight forwarder shall prepare and file, in duplicate, CAB Form 2442 entitled "Report of Air Freight Forwarders and International Air 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.

2 CAB Form 244, filed as part of original document, may be obtained from the Publications Section, Civil Aeronautics Board, Washington 25, D.C.

(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 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 Office of Carrier Accounts and Statistics.

§ 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 filed 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.

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 Operating statistics (Schedule T-1).

(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.

E(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 filed 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 filed 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.

of CAB Form 244, shall be prepared as of June 30 and December 31 of each year and as of all other times when a change. occurs in the insurance, self-insurance or surety bond previously reported to the Board by a freight forwarder, and shall be filed with the Board as provided in § 244.10.

(b) Schedule I shall reflect the reporting forwarder's cargo and public liability insurance coverage under a policy, selfinsurance plan, and/or surety bond as required by Parts 296 and/or 297 of this chapter. The information to be reported is further described in Schedule I. Subpart C-Annual Reports by Cooperative Shippers Associations § 244.20 Annual report.

(a) Each cooperative shippers association shall file CAB Form 244A' entitled "Annual Report of Cooperative Shippers Associations" in accordance with the requirements of this part and the instructions set forth in said form which is made a part hereof and annexed hereto.

(b) The aforesaid report shall be filed annually and in sufficient time so as to be received by the Board within forty-five (45) days after the termination of the prescribed period. All documents filed in connection with the report shall be considered a part thereof and included within the certification pertaining to the report. The report shall be addressed to the Board, attention of the Office of Carrier Accounts and Statistics.

(c) This report shall contain a description of the association, the identities, and interests in the association, of its officers and directors, the identities and holdings in the association of persons with more than a five percent interest therein, investments of the association, amount of revenue earned and/or received, and the total number of shipments received during the year for carriage by air. These items shall be shown as more fully set forth on the aforesaid report form. Subpart D-Effective Date Filing of reports.

§ 244.30

This part as here amended shall become effective July 1, 1960, and shall first

CAB Form 244A, filed as part of original document, may be obtained from the Publications Section, Civil Aeronautics Board, Washington 25, D.C.