Amends the Federal Aviation Act of 1958 to prohibit the purchase, lease, or acquisition of control in any manner of a substantial portion of an air carrier by the following persons: (1) any air carrier which is a debtor; (2) any person who is a debtor and controls an air carrier; (3) any person controlling an air carrier which is a debtor; or (4) any person who is a debtor and is substantially engaged in the business of aeronautics.
Introduced in House
Introduced in House
Referred to House Committee on Public Works and Transportation.
Executive Comment Requested from State, DOT, OMB.
Referred to Subcommittee on Aviation.
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