Ask AI
S. 724

Airline Merger Transfer Act of 1987

(Reported to Senate from the Committee on Commerce, Science, and Transportation with amendment, S. Rept. 100-104)

Airline Merger Transfer Act of 1987 - Amends the Federal Aviation Act of 1958 to accelerate the termination date of the Department of Transportation's authority to approve airline mergers, acquisitions, and interlocking relationships from January 1, 1989, to the date of enactment of this Act. Amends the Clayton Act to make conforming amendments regarding such authority (thus making airline mergers and acquisitions subject to the Clayton Act).

Sets forth conditions under which the Secretary of Transportation is directed to impose labor protection provisions regarding the employment status, wages, or working conditions of air carrier employees affected by an application for an airline's merger, acquisition, or consolidation. Transfers such labor protection authority from the Department of Transportation to the Department of Labor.

Requires the Secretary of Transportation to compile, on a quarterly basis, information regarding fares and frequency of service offered by air carriers at the 50 busiest airports at which one carrier provides more than 50 percent of the commercial airline service. Mandates that such information be retained for a five-year period.

Placed on Senate Legislative Calendar under Subjects on the Table.

Sen. Ford, Wendell H. [D-KY](D-KY)Sponsor
2 cosponsors
1committees18subjects
Jul 9, 198701
(Reported to Senate from the Committee on Commerce, Science, and Transportation with amendment, S. Rept. 100-104)

Airline Merger Transfer Act of 1987 - Amends the Federal Aviation Act of 1958 to accelerate the termination date of the Department of Transportation's authority to approve airline mergers, acquisitions, and interlocking relationships from January 1, 1989, to the date of enactment of this Act. Amends the Clayton Act to make conforming amendments regarding such authority (thus making airline mergers and acquisitions subject to the Clayton Act).

Sets forth conditions under which the Secretary of Transportation is directed to impose labor protection provisions regarding the employment status, wages, or working conditions of air carrier employees affected by an application for an airline's merger, acquisition, or consolidation. Transfers such labor protection authority from the Department of Transportation to the Department of Labor.

Requires the Secretary of Transportation to compile, on a quarterly basis, information regarding fares and frequency of service offered by air carriers at the 50 busiest airports at which one carrier provides more than 50 percent of the commercial airline service. Mandates that such information be retained for a five-year period.

Mar 11, 198700

Amends the Federal Aviation Act of 1958 to repeal the small community essential air service subsidy program.

States that commuter air carriers providing service to certain eligible points shall not be exempt from specified air carrier economic regulations unless the Secretary of Transportation determines carriers to be fit, willing, and able to perform such service.

Repeals the notice requirement before termination, reduction, or suspension of service by certificated air carriers.

Terminates, effective upon enactment of this Act, the Department of Transportation's regulatory authority over air carrier mergers, acquisitions, and interlocking relationships. (Present law terminates such authority on January 1, 1989.)

Airline Merger Transfer Act of 1987 — Informed