Part 249 Preservation of Records

Part 249 applies to all certificated air carriers, public charter operators, and overseas military personnel charter operators. This part requires the retention of general and subsidiary ledgers, journals and journal vouchers, voucher distribution registers, accounts receivable and payable journals and ledgers, subsidy records that document financial and statistical reports to the Department, funds reports, consumer records, sales reports, auditors’ and flight coupons, air waybills, etc. DOT needs to ensure the availability of financial and traffic data for reviews and audits to support: Carrier fitness Appraisals International negotiations of routes and services The Standard Industry Fare Level The Standard Foreign Fare and Rate Levels Consumer protection Community air service needs Air carrier and charter operator compliance to statutory regulations Airport development Forecasting Cost/benefit analysis

The latest form for Part 249 Preservation of Records expires 2021-12-31 and can be found here.