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14 CFR § 7 - Section 7 Chart of Profit and Loss Accounts 

---
identifier: "/us/cfr/t14/s7"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "14 CFR § 7 - Section 7   Chart of Profit and Loss Accounts"
title_number: 14
title_name: "Aeronautics and Space"
section_number: "7"
section_name: "Section 7   Chart of Profit and Loss Accounts"
chapter_name: "OFFICE OF THE SECRETARY, DEPARTMENT OF TRANSPORTATION (AVIATION PROCEEDINGS)"
subchapter_number: "A"
subchapter_name: "ECONOMIC REGULATIONS"
part_number: "241"
part_name: "UNIFORM SYSTEM OF ACCOUNTS AND REPORTS FOR LARGE CERTIFICATED AIR CARRIERS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "49 U.S.C. 329, 41101, 41708, and 41709."
regulatory_source: "ER-755, 37 FR 19726, Sept. 21, 1972, unless otherwise noted."
cfr_part: "241"
---

# 7 Section 7   Chart of Profit and Loss Accounts

|  |  |  |  |
| --- | --- | --- | --- |
|  |  |  |  |
| Transport revenues: |  |  |  |
| 01 Passenger: |  |  |  |
| 01. Passenger—first class | 31, 32 | 31, 32 | 31, 32. |
| 01. Passenger—coach | 31, 32 | 31, 32 | 31, 32. |
| 05 Mail: |  |  |  |
| 05. Priority | 31, 32 | 31, 32 | 31, 32. |
| 05. Nonpriority | 31, 32 | 31, 32 | 31, 32. |
| 05. Foreign | 31, 32 | 31, 32 | 31, 32. |
| 06 Property: |  |  |  |
| 06. Freight | 31, 32 | 31, 32 | 31, 32. |
| 06. Excess passenger baggage | 31, 32 | 31, 32 | 31, 32. |
| 07 Charter: |  |  |  |
| 07. Passenger | 32 | 32 | 32. |
| 07. Property | 32 | 32 | 32. |
| 19 Air transport—other: |  |  |  |
| 19. Reservation cancellation fees | 31, 32 | 31, 32 | 31, 32. |
| 19. Miscellaneous operating revenues | 31, 32 | 31, 32 | 31, 32. |
| 08 Public service revenues (subsidy) | 48 | 48 | 48. |
| Transport-related revenues and expenses: |  |  |  |
| 09 In-flight sales: |  |  |  |
| 09. Liquor and food—gross revenues | 48 | 48 | 48. |
| 09. Movies and stereo—gross revenues | 48 | 48 | 48. |
| 09. Other—gross revenues | 48 | 48 | 48. |
| 09. Liquor and food—depreciation expense | 71 | 71 | 71. |
| 09. Liquor and food—other expense | 71 | 71 | 71. |
| 09. Movies and stereo—depreciation expense | 71 | 71 | 71. |
| 09. Movies and stereo—other expense | 71 | 71 | 71. |
| 09. Other—depreciation expense | 71 | 71 | 71. |
| 09. Other—expense | 71 | 71 | 71. |
| 10 Restaurant and food service (ground): |  |  |  |
| 10. Gross revenues | 48 | 48 | 48. |
| 10. Depreciation expense | 71 | 71 | 71. |
| 10. Other expenses | 71 | 71 | 71. |
| 11 Rents: |  |  |  |
| 11. Gross revenues | 48 | 48 | 48. |
| 11. Depreciation expense | 71 | 71 | 71. |
| 11. Other expenses | 71 | 71 | 71. |
| 12 Limousine service: |  |  |  |
| 12. Gross revenues | 48 | 48 | 48. |
| 12. Depreciation expense | 71 | 71 | 71. |
| 12. Other expenses | 71 | 71 | 71. |
| 13 Interchange sales: |  |  |  |
| 13. Associated companies—gross revenues | 48 | 48 | 48. |
| 13. Outside—gross revenues | 48 | 48 | 48. |
| 13. Associated companies—depreciation expense | 71 | 71 | 71. |
| 13. Associated companies—other expense | 71 | 71 | 71. |
| 13. Outside—depreciation expense | 71 | 71 | 71. |
| 13. Outside—other expense | 71 | 71 | 71. |
| 14 General service sales: |  |  |  |
| 14. Associated companies—gross revenues | 48 | 48 | 48. |
| 14. Outside—gross revenues | 48 | 48 | 48. |
| 14. Associated companies—depreciation expense | 71 | 71 | 71. |
| 14. Associated companies—other expense | 71 | 71 | 71. |
| 14. Outside—depreciation expense | 71 | 71 | 71. |
| 14. Outside—other expense | 71 | 71 | 71. |
| 16 Substitute (replacement) service: |  |  |  |
| 16. Gross revenues | 48 | 48 | 48. |
| 16. Expense | 71 | 71 | 71. |
| 17 Air cargo service: |  |  |  |
| 17. Gross revenues | 48 | 48 | 48. |
| 17. Depreciation expense | 71 | 71 | 71. |
| 17. Other expense | 71 | 71 | 71. |
| 18 Other transport related items: |  |  |  |
| 18. Gross revenues | 48 | 48 | 48. |
| 18. Depreciation expense | 71 | 71 | 71. |
| 18. Other expense | 71 | 71 | 71. |
| 19 Other operating revenues: |  |  |  |
| 19. Reservations cancellation fees | 31, 32 | 31, 32 | 31, 32. |
| 19. Miscellaneous operating revenues | 31, 32, 41 | 31, 32, 41 | 31, 32, 41. |
| Transport expenses: |  |  |  |
| 21 General management personnel | 53, 69 | 53, 55, 64, 67, 68 | 53, 55, 61, 62, 63, 65, 66, 68. |
| 23 Pilots and copilots | 51 | 51 | 51. |
| 24 Other flight personnel | 51, 69 | 51, 55 | 51, 55. |
| 25 Maintenance labor: |  |  |  |
| 25. Labor—airframes and other flight equipment |  | 52 | 52. |
| 25. Labor—aircraft engines |  | 52 | 52. |
| 25. Labor—flight equipment | 52 |  |  |
| 25. Labor—ground property and equipment | 52, 53 | 52, 53 | 52, 53. |
| 26 Aircraft and traffic handling personnel | 69 |  |  |
| 26. General aircraft and traffic handling personnel |  | 64, 67 | 61, 62, 63, 65. |
| 26. Aircraft control personnel |  | 64 | 61. |
| 26. Passenger handling personnel |  | 64, 67 | 62, 65. |
| 26. Cargo handling personnel |  | 64, 67 | 62, 65. |
| 28 Trainees, instructors and unallocated shop labor: |  |  |  |
| 28. Trainees and instructors | 51, 53, 69 | 51, 53, 55, 64,67, 68 | 51, 53, 55, 61, 62, 63, 65, 66, 68. |
| 28. Unallocated shop labor | 53 | 53 | 53. |
| 30 Communications personnel | 53, 69 | 53, 55, 64, 67, 68 | 53, 55, 61, 62, 63, 65, 66, 68. |
| 31 Recordkeeping and statistical personnel | 53, 69 | 53, 55, 64, 67, 68 | 53, 55, 61, 62, 63, 65, 66, 68. |
| 32 Lawyers and law clerks | 69 | 68 | 68. |
| 33 Traffic solicitors | 69 | 67 | 65. |
| 34 Purchasing personnel | 53, 69 | 53, 68 | 53, 68. |
| 35 Other personnel | 53, 69 | 53, 55, 64, 67, 68 | 53, 55, 61, 62, 63, 65, 66, 68. |
| 36 Personnel expenses | 51, 53, 69 | 51, 53, 55, 64, 67, 68 | 51, 53, 55, 61, 62, 63, 65, 66, 68. |
| 37 Communications purchased | 53, 69 | 53, 55, 64, 67, 68 | 53, 55, 61, 62, 63, 65, 66, 68. |
| 38 Light, heat, power, and water | 53, 69 | 53, 55, 64, 67, 68 | 53, 55, 61, 62, 63, 65, 66, 68. |
| 39 Traffic commissions | 69 |  |  |
| 39. Commissions—passenger |  | 67 | 65. |
| 39. Commissions—property |  | 67 | 65. |
| 40 Legal fees and expenses | 69 | 68 | 68. |
| 41 Professional and technical fees and expenses | 51, 53, 69 | 51, 53, 55, 64, 67, 68 | 51, 53, 55, 61, 62, 63, 65, 66, 68 |
| 43 General services purchased: |  |  |  |
| 43. Airframe and other flight equipment repairs |  | 52 | 52 |
| 43. Aircraft engine repairs | 52 | 52 |  |
| 43. Flight equipment repairs | 52 |  |  |
| 43. Aircraft interchange charges | 51, 52 | 51, 52 | 51, 52 |
| 43. General interchange service charges | 52, 69 | 52, 55, 64, 67, 68 | 52, 55, 61, 62, 63, 65, 66, 68 |
| 43. Other services | 52, 53, 69 | 52, 53, 55, 64, 67, 68 | 52, 53, 55, 61, 62, 63, 65, 66, 68 |
| 44 Landing fees | 69 | 64 | 61. |
| 45 Aircraft fuels and oils | 51 |  |  |
| 45. Aircraft fuels |  | 51 | 51. |
| 45. Aircraft oils |  | 51 | 51. |
| 46 Maintenance materials: |  |  |  |
| 46. Airframes and other flight equipment |  | 52 | 52 |
| 46. Aircraft engines |  | 52 | 52. |
| 46. Flight equipment | 52 |  |  |
| 46. Ground property and equipment | 52, 53 | 52, 53 | 52, 53. |
| 47 Rentals | 51, 53, 69 | 51, 53, 55, 64, 67, 68 | 51, 53, 55, 61, 62, 63, 65, 66, 68. |
| 49 Shop and servicing supplies | 53, 69 | 53, 64 | 53, 61. |
| 50 Stationery, printing, and office supplies | 53, 69 | 53, 55, 64, 67, 68 | 53, 55, 61, 62, 63, 65, 66, 68. |
| 51 Passenger food expense | 69 | 55 | 55. |
| 53 Other supplies | 51, 53, 69 | 51, 53, 55, 64, 67, 68 | 51, 53, 55, 61, 62, 63, 65, 66, 68. |
| 54 Inventory adjustments | 53, 69 | 53, 55 | 53, 55. |
| 55 Insurance—general | 51, 53, 69 | 51, 53, 68 | 51, 53, 68. |
| 56 Insurance—traffic liability | 69 | 55, 64 | 55, 62. |
| 57 Employee benefits and pensions | 51, 53, 69 | 51, 53, 55, 64, 67, 68 | 51, 53, 55, 61, 62, 63, 65, 66, 68. |
| 58 Injuries, loss and damage | 51, 53, 69 | 51, 53, 55, 64, 67, 68 | 51, 53, 55, 61, 62, 63, 65, 66, 68. |
| 59 Schedules and timetables | 69 | 67 | 65, 66. |
| 60 Advertising | 69 | 67 | 66. |
| 61 Foreign exchange gains and losses | 69 | 68 | 68. |
| 62 Other promotional and publicity expenses | 69 | 67 | 66. |
| 63 Interrupted trips expense | 69 | 55 | 55. |
| 64 Memberships | 53, 69 | 53, 55, 64, 67, 68 | 53, 55, 61, 62, 63, 65, 66, 68. |
| 65 Corporate and fiscal expenses | 69 | 68 | 68. |
| 66 Uncollectible accounts | 69 | 68 | 68. |
| 67 Clearance, customs and duties | 69 | 64 | 61, 62. |
| 68 Taxes—payroll | 51, 53, 69 | 51, 53, 55, 64, 67, 68 | 51, 53, 55, 61, 62, 63, 65, 66, 68. |
| 69 Taxes—other than payroll | 51, 69 | 51, 68 | 51, 68. |
| 71 Other expenses | 51, 53, 69 | 51, 53, 55, 64, 67, 68 | 51, 53, 55, 61, 62, 63, 65, 66 68. |
| 72 Aircraft overhauls | 52, 53 | 52, 53 | 52, 53. |
| 72. Airworthiness allowance provisions—airframes | 52, 53 | 52, 53 | 52, 53. |
| 72. Airframe overhauls deferred | 52, 53 | 52, 53 | 52, 53. |
| 72. Airworthiness allowance provisions—aircraft engines | 52, 53 | 52, 53 | 52, 53. |
| 72. Aircraft engine overhauls deferred | 52, 53 | 52, 53 | 52, 53. |
| 73 Provisions for obsolescence and deterioration—expendable parts: |  |  |  |
| 73. Current provisions | 70 | 70 | 70. |
| 73. Inventory decline credits | 70 | 70 | 70. |
| 74 Amortizations: |  |  |  |
| 74. Developmental and preoperating expenses | 70 | 70 | 70. |
| 74. Other intangibles | 70 | 70 | 70. |
| 75 Depreciation: |  |  |  |
| 75. Airframes | 70 | 70 | 70. |
| 75. Aircraft engines | 70 | 70 | 70. |
| 75. Airframe parts | 70 | 70 | 70. |
| 75. Aircraft engine parts | 70 | 70 | 70. |
| 75. Other flight equipment | 70 | 70 | 70. |
| 75. Flight equipment | 70 | 70 | 70. |
| 75. Maintenance equipment and hangars | 70 | 70 | 70. |
| 75. General ground property | 70 | 70 | 70. |
| 76 Amortization expense, capital leases: |  |  |  |
| 76. Amortization—capitalized flight equipment | 70 | 70 | 70 |
| 76. Amortization—capitalized other property and equipment | 70 | 70 | 70 |
| 77 Uncleared expense credits: |  |  |  |
| 77. Uncleared interchange expense credits | 53, 69 | 53, 55, 64, 67, 68 | 53, 55, 61, 62, 63, 65, 66, 68. |
| 77. Other uncleared expense credits | 53, 69 | 53, 55, 64, 67, 68 | 53, 55, 61, 62, 63, 65, 66, 68. |
| 78 Direct maintenance—flight equipment | 52 | 52 | 52. |
| 79 Applied burden Dr/Cr: |  |  |  |
| 79. Flight equipment | 52 Dr, 53 Cr | 52 Dr, 53 Cr | 52 Dr, 53 Cr. |
| 79. General ground property | 52 Dr, 53 Cr | 52 Dr, 53 Cr | 52 Dr, 53 Cr. |
|  |  |  |  |
| 81 Interest on long-term debt and capital leases: |  |  |  |
| 81. Interest expense, long-term debt | 81 | 81 | 81 |
| 81. Interest expense, capital leases | 81 | 81 | 81 |
| 82 Other interest: |  |  |  |
| 82. Interest expense, short-term debt | 81 | 81 | 81 |
| 83. Imputed interest capitalized—credit | 81 | 81 | 81 |
| 83. Imputed interest deferred—debit | 81 | 81 | 81 |
| 83. Imputed interest deferred—credit | 81 | 81 | 81 |
| 83. Interest capitalized—credit | 81 | 81 | 81 |
| 84. Amortization of discount and expense on debt | 81 | 81 | 81 |
| 84. Amortization of premium on debt | 81 | 81 | 81 |
| 85 Foreign exchange gains and losse | 81 | 81 | 81 |
| 89 Other nonoperating income and expense-net: |  |  |  |
| 80. Interest income | 81 | 81 | 81 |
| 86. Income from nontransport ventures | 81 | 81 | 81 |
| 87. Equity in income of investor controlled companies | 81 | 81 | 81 |
| 88. Intercompany transaction adjustment-credit | 81 | 81 | 81 |
| 88. Dividend income | 81 | 81 | 81 |
| 88. Net unrealized gain or loss on marketable equity securities | 81 | 81 | 81. |
| 88. Net realized gain or loss on marketable equity securities | 81 | 81 | 81. |
| 88. Capital gains and losses—operating property | 81 | 81 | 81. |
| 88. Capital gains and losses—other | 81 | 81 | 81. |
| 88. Unapplied cash discounts | 81 | 81 | 81. |
| 88. Other miscellaneous nonoperating credits | 81 | 81 | 81. |
| 89. Intercompany transaction adjustment—debit | 81 | 81 | 81. |
| 89. Other miscellaneous nonoperating debits | 81 | 81 | 81. |
|  |  |  |  |
| 91 Provision for income taxes: |  |  |  |
| 91. Income taxes before investment tax credits | 91 | 91 | 91. |
| 91. Investment tax credits utilized | 91 | 91 | 91. |
| 92 Provisions for deferred income taxes: |  |  |  |
| 92. Current provisions for deferred taxes | 91 | 91 | 91. |
| 92. Application of deferred taxes | 91 | 91 | 91. |
| 92. Adjustment of deferred taxes | 91 | 91 | 91. |
| 93 Investment tax credits deferred and amortized: |  |  |  |
| 93. Investment tax credits deferred | 91 | 91 | 91. |
| 93. Amortization of deferred investment tax credits | 91 | 91 | 91. |
| 94 Excess profits taxes | 91 | 91 | 91. |
|  |  |  |  |
| 95 Discontinued operations: |  |  |  |
| 95. Income from discontinued operations | 96 | 96 | 96. |
| 95. Loss on disposal of discontinued operations | 96 | 96 | 96. |
|  |  |  |  |
| 96 Extraordinary items | 97 | 97 | 97. |
| 97 Income taxes applicable to extraordinary items | 97 | 97 | 97. |
|  |  |  |  |
| 98 Cumulative effects of change in accounting principles | 98 | 98 | 98. |

[ER-755, 37 FR 19726, Sept. 21, 1972, as amended by ER-781, 37 FR 25223, Nov. 29, 1972; 37 FR 28277, Dec. 22, 1972; ER-797, 38 FR 10926, May 3, 1973; ER-841, 39 FR 11995, Apr. 2, 1974; ER-948, 41 FR 12295, Mar. 25, 1976; ER-980, 42 FR 35, Jan. 3, 1977; ER-1013, 42 FR 37515, July 21, 1977; ER-1401, 50 FR 242, Jan. 3, 1985; Amdt. 241-56, 52 FR 9129, Mar. 23, 1987; Amdt. 241-58, 54 FR 5594, Feb. 6, 1989]