Commercial Air Carrier

An air carrier certificated in accordance with Federal Aviation Regulations (FAR) Part 121 or 127 to conduct scheduled services on specified routes. These air carriers may also provide non-scheduled or charter services as a secondary operation. Four carrier groupings have been designated for statistical and financial data aggregation and analysis. Majors (annual operating revenues greater than $1 billion), Nationals (annual operating revenues between $100 million and $1 billion), Large Regionals (annual operating revenues between $10 million and $99,999,999), Medium Regionals (annual operating revenues less than $10 million). (FAA1) (FAA14)