Page:United States Statutes at Large Volume 106 Part 6.djvu/334

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.


106 STAT. 4892 PUBLIC LAW 102-581—OCT. 31, 1992 (A) achieve the national goal of a strong and competitive airline system which will facilitate the ability of the Nation to compete in the global economy; (B) provide adequate levels of competition and service at reasonable fares in cities of all sizes; (C) retard the flow of United States air carrier bankruptcies and accompanying loss of jobs for United States citizens; (D) provide a stable work environment for airline industry employees; and (E) continue to reduce noise for citizens around airports without damaging the economic or competitive positions of the air carriers. (3) CONSIDERATION OF AIRCRAFT NOISE ABATEMENT. — In carrying out the studv and investigation under paragraph (1), the Commission shall take into account aircraft noise abatement, a priority established by Congress by enactment of the Airport Noise and Capacity Act of 1990. (d) SPECIFIC MATTERS TO BE ADDRESSED.—The Commission shall specifically investigate and study under subsection (c)(1) the following: (1) FINANCIAL CONDITION OF AIRLINE INDUSTRY. —The current financial condition of the airline industry and how the industry's financial condition is likely to change over the next 5 years, including— (A) the profits or losses likely to be achieved by the airline industry over the next 5 years; (B) whether or not any profits realized vdll be adequate to permit airlines to acquire the capital equipment necessary to meet the demand of the traveling public in a safe and efficient manner, while complying with environmental regulations; and (C) whether or not any msgor airlines are likely to fail or sell msyor assets in order to survive. (2) ADEQUACY OF COMPETITION.— The current state of competition in Uie airline industry, how the structure of airline industry competition is likely to change over the next 5 years, and whether or not the expected level of competition will be sufficient to continue the consumer benefits of airline deregulation. (3) LEGAL IMPEDIMENTS TO A FINANCIALLY STRONG AND COMPETITIVE AIRLINE INDUSTRY. — Whether or not the Federal Government should take any legislative or administrative actions to improve the financial conditions of the airline industry or to enhance airline competition, including whether or not any changes are needed in the legal and administrative poUcies which govern— (A) the initial award and the transfer of international airline routes; (B) the allocation of slots at high density airports; (C) the allocation of gates, particularly at airports dominated by 1 or a limited number of airlines; (D)fire(][uentflierprograms; (E) airlme computer reservations systems; (F) the rights of foreign investors to invest in United States airlines;