Powered by LevrNAICS 481111: Scheduled passenger air transportation
NAICS 481111 is the industry code for scheduled passenger air transportation. Use it on loan applications, tax forms and registrations. Explore financing for trucking and logistics and start your application when you are ready.
What 481111 covers
Scheduled passenger air carriers fly passengers, and often cargo, on regular routes and schedules. Regional and commuter airlines flying published schedules are included.
Included in this code
- Scheduled passenger airlines
- Regional airlines
- Scheduled commuter carriers
Not this code
- Charter passenger flights: see 481211 Nonscheduled chartered passenger air transportation
- Scheduled freight airlines: see 481112 Scheduled freight air transportation
- Airport operations: see 488119 Other airport operations
Businesses that use 481111
Financing for this trade
Airlines finance aircraft with leases, secured loans and export credit backed debt. Lenders review fleet values, routes and fuel costs.
Apply for funding with AIIs 481111 the right code for a scheduled airline?
Yes, if you carry passengers on published schedules. On demand charter operators use 481211, and all cargo carriers use 481112. Owners in this trade most often weigh it against 481112 (scheduled freight air transportation) and 481211 (nonscheduled chartered passenger air transportation). The right choice is the activity that brings in the most revenue, used the same way on tax returns and loan applications.
What is the SBA size standard for 481111?
The SBA size standard for 481111 is 1,500 employees. SBA counts the average number of people on payroll, full time, part time and temporary, over the last 24 months, and adds in any affiliates. A scheduled airline under that headcount counts as small for SBA 7(a) and 504 loans and for federal small business contracts, whatever its revenue.
How do regional airlines finance aircraft?
Most aircraft are leased from lessors or financed with secured term loans and, for larger deals, export credit agency support. Regional carriers flying under capacity purchase agreements also rely on those contracts. Lenders weigh aircraft type, age and remarketability. A broker who works with many lenders can line up bank, SBA and alternative offers side by side, which often matters more than chasing the lowest headline price.
What does NAICS 481111 cover?
Scheduled passenger air transportation. Industry level code in NAICS 2022, under 48-49 Transportation and warehousing, 481 Air transportation, 4811 Scheduled air transportation, 48111 Scheduled air transportation.
What financing do NAICS 481111 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for trucking and logistics businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 481111?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.