Terms Used In Montana Code > Title 15 > Chapter 23 > Part 4 - Airlines

• Air commerce: means the transportation by aircraft of persons or property for hire in interstate, intrastate, or international transportation on regularly scheduled flights. See Montana Code 15-23-401
• Aircraft: means a conveyance used or designed for navigation or flight through the air. See Montana Code 15-23-401
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Equated plane hours: means hours spent by aircraft in flight or on the ground weighted according to the cargo capacity of each aircraft. See Montana Code 15-23-401
• Newly acquired aircraft: means an aircraft acquired and placed into service within the calendar year immediately preceding the current calendar year in which the report that is required by 15-23-402 is filed regardless of whether the aircraft acquired is new or used. See Montana Code 15-23-401
• Newly acquired equipment: means equipment acquired and placed into service within the calendar year immediately preceding the current calendar year in which the report that is required by 15-23-402 is filed regardless of whether the equipment acquired is new or used. See Montana Code 15-23-401
• operated: means landings or takeoffs during interstate flight. See Montana Code 15-23-401
• Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
• Property: means real and personal property. See Montana Code 1-1-205
• Scheduled airline company: means any person who undertakes directly or indirectly to engage in the business of scheduled air commerce. See Montana Code 15-23-401
• State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201