(c) Amendment to title 49 (1) Amendment Chapter 401 of title 49, United States Code, is amended by adding at the end the following: 40131. Equipment and personnel reserves (a) Reserve equipment and staffing Not later than 180 days after the date of enactment of the Airline Passenger Protection Act of 2017, the Secretary of Transportation shall require an air carrier and foreign air carrier to develop and implement reserve staffing and equipment plans that optimize the carrier’s ability to provide quality service, defined as fewer than 2 percent of flights cancelled for causes reasonably within the control of the carrier, and fewer than 15 percent of flights delayed for causes reasonably within the control of the carrier. (b) Guidelines and reporting requirements Not later than 180 days after the date of enactment of the Airline Passenger Protection Act of 2017, the Secretary shall establish guidelines for an air carrier and foreign air carrier to report cancellation and on-time performance statistics to the FAA on an annual basis, beginning 360 days after the date of enactment of this Act. (c) Failure To comply The Secretary shall fine an air carrier and foreign air carrier if the Secretary determines that such air carrier or foreign air carrier fails to comply with the requirements of this section and such failure was caused by the carrier’s failure to develop, implement, or abide by the terms of its reserve staffing and equipment plan. . (2) Clerical amendment The analysis of chapter 401 of title 49, United States Code, is amended by adding at the end the following: 40131. Equipment and personnel reserves. .