[Code of Federal Regulations] [Title 14, Volume 4] [Revised as of January 1, 2006] From the U.S. Government Printing Office via GPO Access [CITE: 14CFR314.5] [Page 339] TITLE 14--AERONAUTICS AND SPACE CHAPTER II--OFFICE OF THE SECRETARY, DEPARTMENT OF TRANSPORTATION (AVIATION PROCEEDINGS) PART 314_EMPLOYEE PROTECTION PROGRAM--Table of Contents Subpart A_General Sec. 314.5 Major contractions. A major contraction is a reduction by at least 7\1/2\ percent of the total number of full-time employees of an air carrier within a 12-month period, and includes an advance determination of major contraction as set forth in Sec. 314.21. The method by which DOT determines whether a carrier has undergone a major contraction is set forth in subpart C.