United States Code

(17) "Conveyance" means a bill of sale, contract of conditional sale, mortgage, assignment of mortgage, or other instrument affecting title to, or interest in, property.

(18) "Federal airway" means a portion of the navigable airspace of the United States designated by the Administrator as a Federal airway.

(19) "Foreign air carrier" means any person, not a citizen of the United States, who undertakes, whether directly or indirectly or by lease or any other arrangement, to engage in foreign air

transportation.

(20) "Interstate air commerce", "overseas air commerce", and "foreign air commerce", respecttively, mean the carriage by aircraft of persons or property for compensation or hire, or the carriage of mail by aircraft, or the operation or navigation of aircraft in the conduct or furtherance of a business or vocation, in commerce between, respectively

(a) a place in any State of the United States, or the District of Columbia, and a place in any other State of the United States, or the District of Columbia; or between places in the same State of the United States through the airspace over any place outside thereof; or between places in the same Territory or possession of the United States, or the District of Columbia;

(b) a place in any State of the United States, or the District of Columbia, and any place in a Territory or possession of the United States; or between a place in a Territory or possession of the United States, and a place in any other Territory or possession of the United States; and

(c) a place in the United States and any place outside thereof; whether such commerce moves wholly by aircraft or partly by aircraft and partly by other forms of transportation.

(21) "Interstate air transportation", "overseas air transportation", and "foreign air transportation", respectively, mean the carriage by aircraft of persons or property as a common carrier for compensation or hire or the carriage of mail by aircraft, in commerce between, respectively

whether such commerce moves wholly by aircraft or partly by aircraft and partly by other forms of transportation.

(22) "Landing area" means any locality, either of land or water, including airports and intermediate landing fields, which is used, or intended to be

used, for the landing and take-off of aircraft, whether or not facilities are provided for the shelter, servicing, or repair of aircraft, or for receiving or discharging passengers or cargo.

(23) "Mail" means United States mail and foreign-transit mail.

(24) "Navigable airspace" means airspace above the minimum altitudes of flight prescribed by regulations issued under this chapter, and shall include airspace needed to insure safety in take-off and landing of aircraft.

(25) "Navigation of aircraft" or "navigate aircraft" includes the piloting of aircraft.

(26) "Operation of aircraft" or "operate aircraft" means the use of aircraft, for the purpose of air navigation and includes the navigation of aircraft. Any person who causes or authorizes the operation of aircraft, whether with or without the right of legal control (in the capacity of owner, lessee, or otherwise) of the aircraft, shall be deemed to be engaged in the operation of aircraft within the meaning of this chapter.

(27) "Person" means any individual, firm, copartnership, corporation, company, association, joint-stock association, or body politic; and includes any trustee, receiver, assignee, or other similar representative thereof.

(28) "Propeller" includes all parts, appurtenances, and accessories thereof.

(29) "Possessions of the United States" means (a) the Canal Zone, but nothing herein shall impair or affect the jurisdiction which has heretofore been, or may hereafter be, granted to the President in respect of air navigation in the Canal Zone; and (b) all other possessions of the United States. Where not otherwise distinctly expressed or manifestly incompatible with the intent thereof, references in this chapter to possessions of the United States shall be treated as also referring to the Commonwealth of Puerto Rico.

(30) "Public aircraft" means an aircraft used exclusively in the service of any government or of any political subdivision thereof, including the government of any State, Territory, or possession of the United States, or the District of Columbia, but not including any government-owned aircraft engaged in carrying persons or property for commercial purposes.

(31) "Spare parts" means parts, appurtenances, and accessories of aircraft (other than aircraft engines and propellers), of aircraft engines (other than propellers), of propellers and of appliances, maintained for installation or use in an aircraft, aircraft engine, propeller, or appliance, but which at the time are not installed therein or attached thereto.

(32) "Supplemental air carrier" means an air carrier holding a certificate of public convenience and necessity authorizing it to engage in supplemental air transportation.

(33) "Supplemental air transportation" means charter trips in air transportation, other than the transportation of mail by aircraft, rendered pursuant to a certificate of public convenience and necessity issued pursuant to section 1371(d) (3) of this title to supplement the scheduled service authorized by certificates of public convenience and

necessity issued pursuant to sections 1371(d) (1) and (2) of this title.

(34) "Ticket agent" means any person, not an air carrier or a foreign air carrier and not a bona fide employee of an air carrier or foreign air carrier, who, as principal or agent, sells or offers for sale any air transportation, or negotiates for, or holds himself out by solicitation, advertisement, or otherwise as one who sells, provides, furnishes, contracts or arranges for, such transportation.

(35) "United States" means the several States, the District of Columbia, and the several Territories and possessions of the United States, including the territorial waters and the overlying airspace thereof. (Pub. L. 85-726, title I, § 101, Aug. 23, 1958, 72 Stat. 737; Pub. L. 87-197, § 3, Sept. 5, 1961, 75 Stat. 467; Pub. L. 87-528, § 1, July 10, 1962, 76 Stat. 143.)

AMENDMENTS

1962-Pars. (32), (33). Pub. L. 87-528 added pars. (32) and (33). Former pars. (32) and (33) redesignated (34) and (35), respectively.

Pars. (34), (35). Pub. L. 87-528 redesignated former pars. (32) and (33) as (34) and (35), respectively.

1961—Par. (4). Pub. L. 87-197 substituted "operation or navigation of aircraft within" for "operation or navigation or aircraft within."

EFFECTIVE DATE

Section 1505 of Pub. L. 85-726 provided that: "The provisions of this Act [see Short Title note under this section] shall become effective as follows:

"(1) Section 301, section 302(a), (b), (c), (f), (i), and (k), section 303 (a), section 304, and section 1502 [section 1341, section 1342, section 1343 (a), (d), (g), and (i), section 1344 (a), section 1345, and note set out under section 1341 of this title] shall become effective on the date of enactment of this Act [August 23, 1958]; and

"(2) The remaining provisions shall become effective on the 60th day following the date on which the Administrator of the Federal Aviation Agency first appointed under this Act [this chapter] qualifies and takes office."

SHORT TITLE

Section 1 of Pub. L. 85-726 provided that Pub. L. 85-726, which enacted this chapter, amended sections 212, 485a, 485b, 1101, 1102, 1103, 1105, 1108, 1111, 1116, 1151, 1152, 1155, 1157, and 1160 of this title, sections 81, 82 and 90 of Title 14, Coast Guard, section 45 of Title 15, Commerce and Trade, section 7a of Title 16, Conservation, section 686 of Title 31, Money and Finance, section 474 of Title 40, Public Buildings, Property and Works, sections 485, 485c and 485d of Title 48, Territories and Insular Possessions, section 123 of Title 50, War and National Defense, and sections 1622-1622c of Appendix to Title 50, War and National Defense, repealed sections 171, 174—177, 179-184, 401-403, 421, 422, 423-427, 451-460, 481-485, 486-496, 521-524, 551-560 581, 582 601-603, 621-623, 641-649, 671-681, 701-705, 711-722, and 1211-1215 of this title, section 7 of 1940 Reorg. Plan No. III, section 7 of 1940 Reorg. Plan No. IV, and Reorg. Plan No. 10 of 1953, and enacted notes set out under this section and sections 486, 1321 and 1341 of this title, should be popularly known as the "Federal Aviation Act of 1958".

SEPARABILITY OF PROVISIONS

Section 1504 of Pub. L. 85-726 provided that: "If any provision of this Act [this chapter] or the application thereof to any person or circumstance is held invalid, the remainder of the Act [this chapter] and the application of such provision to other persons or circumstances shall not be affected thereby."

SAVINGS CLAUSE; EFFECT OF TRANSFERS, REPEALS, AND AMENDMENTS

Section 1501 of Pub. L. 85-726 provided that: "(a) All orders, determinations, rules, regulations, permits, contracts, certificates, licenses, rates, and privileges which have been issued, made, or granted, or allowed to

become effective, by the President, the Department of Commerce, the Secretary of Commerce, the Administrator of Civil Aeronautics, the Civil Aeronautics Board, the Airways Modernization Board, the Secretary of the Treasury, the Secretary of Agriculture, or the Postmaster General, or any court of competent jurisdiction, under any provision of law repealed or amended by this Act [see Short Title note under this section], or in the exercise of duties, powers, or functions which, under this Act, are vested in the Administrator of the Federal Aviation Agency or the Civil Aeronautics Board, and which are in effect at the time this section takes effect, shall continue in effect according to their terms until modified, terminated, superseded, set aside, or repealed by the Administrator or the Board, as the case may be, or by any court of competent jurisdiction, or by operation of law.

"(b) The provisions of this Act shall not affect any proceedings pending at the time this section takes effect before the Secretary of Commerce, the Administrator of Civil Aeronautics, the Civil Aeronautics Board, the Chairman of the Airways Modernization Board, the Secretary of the Treasury, or the Secretary of Agriculture; but any such proceedings shall be continued before the successor agency, orders therein issued, appeals therefrom taken. and payments made pursuant to such orders, as if this Act had not been enacted; and orders issued in any such proceedings shall continue in effect until modified, terminated, superseded, or repealed by the Administrator, the Civil Aeronautics Board, the Secretary of the Treasury, or the Secretary of Agriculture or by operation of law.

"(c) The provisions of this Act shall not affect suits commenced prior to the date on which this section takes effect; and all such suits shall be continued by the successor agency, proceedings therein had, appeals therein taken, and judgments therein rendered, in the same manner and with the same effect as if this Act had not been passed. No suit, action, or other proceeding lawfully commenced by or against any agency or officer of the United States, in relation to the discharge of official duties, shall abate by reason of any transfer of authority, power, or duties from such agency or officer to the Administrator or the Board under the provisions of this Act. but the court, upon motion or supplemental petition filed at any time within twelve months after such transfer, showing the necessity for a survival of such suit, action, or other proceeding to obtain a settlement of the questions involved, may allow the same to be maintained by or against the Administrator or the Board."

ADMINISTRATOR OF FEDERAL AVIATION AGENCY The Administrator of the Federal Aviation Agency was appointed, qualified and took office on Oct. 31, 1958. REPEAL OF INCONSISTENT LAWS

Section 1401 (e) of Pub. L. 85-726 provided that: “All other Acts or parts of Acts inconsistent with any provision of this Act [this chapter] are hereby repealed."

§ 1302. Consideration of matters in public interest by Board.

In the exercise and performance of its powers and duties under this chapter, the Board shall consider the following, among other things, as being in the public interest, and in accordance with the public convenience and necessity:

(a) The encouragement and development of an air-transportation system properly adapted to the present and future needs of the foreign and domestic commerce of the United States, of the Postal Service, and of the national defense;

(b) The regulation of air transportation in such manner as to recognize and preserve the inherent advantages of, assure the highest degree of safety in, and foster sound economic conditions in, such transportation, and to improve the relations between, and coordinate transportation by, air carriers;

without unjust discriminations, undue preferences or advantages, or unfair or destructive competitive practices;

(d) Competition to the extent necessary to assure the sound development of an air-transportation system properly adapted to the needs of the foreign and domestic commerce of the United States, of the Postal Service, and of the national defense;

(e) The promotion of safety in air commerce; and

(f) The promotion, encouragement, and development of civil aeronautics. (Pub. L. 85-726, title I,

§ 102, Aug. 23, 1958, 72 Stat. 740.)

EFFECTIVE DATE

Section effective on the 60th day following the date on which the Administrator of the Federal Aviation Agency first appointed under this chapter qualifies and takes office, see section 1505(2) of Pub. L. 85-726, set out as a note under section 1301 of this title.

ADMINISTRATOR OF FEDERAL AVIATION AGENCY The Administrator of the Federal Aviation Agency was appointed, qualified, and took office on Oct. 31, 1958.

§ 1303. Consideration of matters in public interest by Administrator.

In the exercise and performance of his powers and duties under this chapter the Administrator shall consider the following, among other things, as being in the public interest:

(a) The regulation of air commerce in such manner as to best promote its development and safety and fulfill the requirements of national defense;

(b) The promotion, encouragement, and development of civil aeronautics;

(c) The control of the use of the navigable airspace of the United States and the regulation of both civil and military operations in such airspace in the interest of the safety and efficiency of both; (d) The consolidation of research and development with respect to air navigation facilities, as well as the installation and operation thereof;

(e) The development and operation of a common system of air traffic control and navigation for both military and civil aircraft. (Pub. L. 85-726, title I, § 103, Aug. 23, 1958, 72 Stat. 740.)

EFFECTIVE DATE

Section as effective on the 60th day following the date on which the Administrator of the Federal Aviation Agency first appointed under this chapter qualifies and takes office, see section 1505(2) of Pub. L. 85-726, set out as a note under section 1301 of this title.

ADMINISTRATOR OF FEDERAL AVIATION AGENCY The Administrator of the Federal Aviation Agency was appointed, qualified, and took office on Oct. 31, 1958. § 1304. Public right of transit.

There is recognized and declared to exist in behalf of any citizen of the United States a public right of fredom of transit through the navigable airspace of the United States. (Pub. L. 85-726, title I, § 104, Aug. 23, 1958, 72 Stat. 740.)

EFFECTIVE DATE

36-500 0-65-vol. 10-53

ADMINISTRATOR OF FEDERAL AVIATION AGENCY The Administrator of the Federal Aviation Agency was appointed, qualified, and took office on Oct. 31, 1958.

SUBCHAPTER II.-CIVIL AERONAUTICS
BOARD; GENERAL POWERS

§ 1321. Agency of the United States.

(a) Continuation; membership; removal of members; political affiliation; chairman.

(1) The Civil Aeronautics Board, created and established under the name "Civil Aeronautics Authority" by section 201 of the Civil Aeronautics Act of 1938 and redesignated as the "Civil Aeronautics Board" by Reorganization Plan No. IV of 1940, is continued as an agency of the United States, and shall continue to be composed of five members appointed by the President, by and with the advice and consent of the Senate, for terms of six years, beginning upon the expiration of the terms for which their predecessors were appointed, except that any person appointed to fill a vacancy occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed only for the remainder of such term; but upon the expiration of his term of office a member shall continue to serve until his successor is appointed and shall have qualified.

(2) The members of the Board may be removed by the President for inefficiency, neglect of duty, or malfeasance in office. No more than three of the members shall be appointed from the same political party. The President shall designate annually one of the members of the Board to serve as chairman and one of the members to serve as vice chairman, who shall act as chairman in the absence or incapacity of the chairman.

(b) Qualifications of members.

The members of the Board shall be appointed with due regard to their fitness for the efficient dispatch of the powers and duties vested in and imposed upon the Board by this chapter. Each member of the Board shall be a citizen of the United States and no member of the Board shall have any pecuniary interest in or own any stock in or bonds of any civil aeronautics enterprise. No member of the Board shall engage in any other business, vocation, or employment.

Three of the members shall constitute a quorum of the Board. The principal office of the Board shall be in the District of Columbia where its general sessions shall be held, but whenever the convenience of the public or of the parties may be promoted, or delay or expense may be prevented, the Board may hold hearings or other proceedings at any other place. The Board shall have an official seal which shall be judicially noticed and which shall be preserved in the custody of the secretary of the Board. (Pub. L. 85-726, title II, § 201, Aug. 23, 1958, 72 Stat. 741; Pub. L. 88-426, title III, § 305 (16) (A), Aug. 14, 1964, 78 Stat. 424.)

REFERENCES IN TEXT

Section 201 of the Civil Aeronautics Act of 1938, referred to in subsec. (a) (1), was formerly classified to section 421 of this title, and was repealed by Pub. L. 85-726, § 1401 (b).

Reorganization Plan No. IV of 1940, referred to in subsec. (a) (1), is set out as a note under section 133t of Title 5, Executive Departments and Government Officers and Employees.

AMENDMENTS

1964 Subsec. (a). Pub. L. 88-426 repealed provisions in par. (2) which prescribed the salaries of the Chairman and members of the Board. See section 2211 of Title 5, Executive Departments and Government Officers and Employees.

EFFECTIVE DATE OF 1964 AMENDMENT Amendment of section by Pub. L. 88-426 effective on the first day of the first pay period which begins on or after July 1, 1964, except to the extent provided in section 501 (c) of Pub. L. 88-426, see section 501 of Pub. L. 88-426, set out as a note under section 1113 of Title 5, Executive Departments and Government Officers and Employees.

EFFECTIVE DATE

ADMINISTRATOR OF FEDERAL AVIATION AGENCY

The Administrator of the Federal Aviation Agency was appointed, qualified and took office on Oct. 31, 1958. STATUS OF MEMBERS, OFFICERS, AND EMPLOYEES OF CIVIL AERONAUTICS BOARD

Section 1503 of Pub. L. 85-726 provided that: "Nothing in this Act [this chapter] (1) shall affect the tenure of office of any individual who is a member of the Civil Aeronautics Board at the time title IV of this Act [subchapter IV of this chapter] takes effect, or to nullify any action theretofore taken by the President in designating any such person as chairman or vice chairman of the Board, or (2) subject to section 1502(a) [set out as a note under section 1341 of this title], change the status of the officers and employees under the jurisdiction of the Board at that time."

CROSS REFERENCES

Compensation of members of Board, see section 2211 of Title 5, Executive Departments and Government Officers and Employees.

§ 1322. Officers and employees.

(a) Secretary of Board; secretaries and administrative assistants for members; other personnel. The Board is authorized, without regard to the civil-service and classification laws, to appoint and prescribe the duties and fix the compensation of a secretary of the Board, and to fix the compensation of a secretary and an administrative assistant for each member, and subject to the civil-service and classification laws, to select, employ, appoint, and fix the compensation of such officers, employees, attorneys, and agents as shall be necessary to carry out the provisions of this chapter, and to define their authority and duties.

(b) Repealed. Pub. L. 87-367, title I, § 103(2), Oct. 4, 1961, 75 Stat. 787.

The Board may, from time to time, without regard to the provisions of the civil-service laws, engage for temporary service such duly qualified consulting engineers or agencies, or other qualified persons as are necessary in the exercise and performance of the powers and duties of each, and fix the compensation of such engineers, agencies, or persons without regard to the Classification Act of 1949, as amended, and the expenses of such employment shall be paid out of sums appropriated for the expenses of the Board.

(d) Cooperation with other Federal agencies. The Board is authorized to use, with their consent, the available services, equipment, personnel, and facilities of other civilian or military agencies and instrumentalities of the Federal Government, on a reimbursable basis when appropriate, and on a similar basis to cooperate with such other agencies and instrumentalities in the establishment and use of services, equipment, and facilities of the Board. (Pub. L. 85-726, title II, § 202, Aug. 23, 1958, 72 Stat. 741; Pub. L. 87-367, title I, § 103(2), Oct. 4, 1961, 75 Stat. 787.)

REFERENCES IN TEXT

The civil-service laws, referred to in subsecs. (a) and (c), are classified generally to Title 5, Executive Departments and Government Officers and Employees.

The classification laws, referred to in subsec. (a), probably means the Classification Act of 1949, which is classified to chapter 21 of Title 5.

The Classification Act of 1949, referred to in subsec. (c), is classified to chapter 21 of Title 5.

AMENDMENTS

1961-Subsec. (b). Pub. L. 87-367 repealed provision which authorized the Civil Aeronautics Board to place eight additional positions in grades 16, 17, and 18 of the General Schedule of the Classification Act of 1949 (chapter 21 of Title 5, Executive Departments and Government Officers and Employees).

EFFECTIVE DATE

SAVINGS CLAUSE

Positions existing prior to Oct. 4, 1961, compensation and appointments thereto unaffected by changes made by Pub. L. 87-367, and positions in grades 16, 17, and 18 of the General Schedule of the Classification Act of 1949 prior to Oct. 4, 1961, to remain in respective grades, until appropriate action is taken under Title I of Pub. L. 87-367 and section 1105 of Title 5, see section 104 of Pub. L. 87-367, set out as a note under section 1105 of Title 5, Executive Departments and Government Officers and Employees.

ADMINISTRATOR OF FEDERAL AVIATION AGENCY The Administrator of the Federal Aviation Agency was appointed, qualified and took office on Oct. 31, 1958.

PLACEMENT IN SALARY GRADE OF CERTAIN POSITIONS Section 103 (6) of Pub. L. 87-367 repealed such part of section 301 of Pub. L. 85-469, title III, June 25, 1958, 72 Stat. 237, which authorized the Chairman of the Civil Aeronautics Board to place one additional position in grade 18, two in grade 17 and seven in grade 16 of the General Schedule of the Classification Act of 1949 (chapter 21 of Title 5, Executive Departments and Government Officers and Employees).

§ 1323. Authorization of expenditures and travel.

(a) The Board is empowered to make such expenditures at the seat of government and elsewhere as may be necessary for the exercise and performance of the powers and duties vested in and imposed upon the Board by law, and as from time to time may be appropriated for by Congress, including expenditures for (1) rent and personal services at the seat of government and elsewhere; (2) travel expenses; (3) office furniture, equipment and supplies, lawbooks, newspapers, periodicals, and books of reference (including the exchange thereof); (4) printing and binding; (5) membership in and cooperation with such organizations as are related to,

or are part of, the civil-aeronautics industry or the art of aeronautics in the United States or in any foreign country; (6) making investigations and conducting studies in matters pertaining to aeronautics; and (7) acquisition (including exchange), operation, and maintenance of passenger-carrying automobiles and aircraft, and such other property as is necessary in the exercise and performance of the powers and duties of the Board: Provided, That no aircraft or motor vehicle purchased under the provisions of this section, shall be used otherwise than for official business.

(b) Travel by personnel of the United States Government on commercial aircraft, domestic or foreign, including travel between airports and centers of population or posts of duty when incidental to travel on commercial aircraft, shall be allowed at public expense when authorized or approved by competent authority, and transportation requests for such travel may be issued upon such authorizations. Such expense shall be allowed without regard to comparative costs of transportation by aircraft with other modes of transportation.

(c) The Board, on behalf of the United States, is authorized to accept any gift or donation of morrey or personal property, or of services, where appropriate, for the purposes of its functions under subchapter VII of this chapter. For adequate compensation, by sale, lease, or otherwise, the Board, on behalf of the United States, is authorized to dispose of any such personal property or interest therein: Provided, That such disposition shall be made in accordance with the Federal Property and Administrative Services Act of 1949, as amended. (Pub. L. 85-726, title II, § 203, Aug. 23, 1958, 72 Stat. 742; Pub. L. 87-810, § 5, Oct. 15, 1962, 76 Stat. 921.)

REFERENCES IN TEXT

The Federal Property and Administrative Services Act of 1949, as amended, referred to in subsec. (c), is classifiled to chapter 11C of Title 5, Executive Departments and Government Officers and Employees, chapter 10 of Title 40, Public Buildings, Property, and Works, chapter 4 of Title 41, Public Contracts, and chapter 11 of Title 44, Public Printing and Documents.

AMENDMENTS

1962 Subsec. (c). Pub. L. 87-810 added subsec. (c). EFFECTIVE DATE

ADMINISTRATOR OF FEDERAL AVIATION AGENCY

The Administrator of the Federal Aviation Agency was appointed, qualified and took office on Oct. 31, 1958. § 1324. General powers and duties of the Board. (a) Performance of acts; conduct of investigations; orders, rules, regulations, and procedure. The Board is empowered to perform such acts, to conduct such investigations, to issue and amend such orders, and to make and amend such general or special rules, regulations, and procedure, pursuant to and consistent with the provisions of this chapter, as it shall deem necessary to carry out the provisions of, and to exercise and perform its powers and duties under, this chapter.

The

Except as may be otherwise provided in this chapter, the Board shall make a report in writing in all proceedings and investigations under this chapter in which formal hearings have been held, and shall state in such report its conclusions together with its decision, order, or requirement in the premises. All such reports shall be entered of record and a copy thereof shall be furnished to all parties to the proceeding or investigation. Board shall provide for the publication of such reports, and all other reports, orders, decisions, rules, and regulations issued by it under this chapter in such form and manner as may be best adapted for public information and use. Publications purporting to be published by the Board shall be competent evidence of the orders, decisions, rules, regulations, and reports of the Board therein contained in all courts of the United States, and of the several States, Territories, and possessions thereof, and the District of Columbia, without further proof or authentication thereof. (Pub. L. 85-726, title II, § 204, Aug. 23, 1958, 72 Stat. 743.)

EFFECTIVE DATE

GUARANTY OF LOANS FOR PURCHASE OF AIRCRAFT AND EQUIPMENT

Pub. L. 85-307, Sept. 7, 1957, 71 Stat. 629, as amended by Pub. L. 86-3, § 21, Mar. 18, 1959, 73 Stat. 13; Pub. L. 86-70, § 39, June 25, 1959, 73 Stat. 150; Pub. L. 86-624, § 37, July 12, 1960, 74 Stat. 421; Pub. L. 87-820, § 1-7, Oct. 15, 1962, 76 Stat. 936, provided:

"[SEC. 1. DECLARATION OF POLICY]. That it is hereby declared to be the policy of Congress, in the interests of the commerce of the United States, the postal service, and the national defense to promote the development of local, feeder, and short-haul air transportation. In furtherance of this policy it is deemed necessary and desirable that provision be made to assist certain air carriers engaged in such air transportation by providing governmental guaranties of loans to enable them to purchase aircraft suitable for such transportation on reasonable terms. "SEC. 2. [DEFINITIONS]. As used in this Act"(a) 'Secretary' means the Secretary of Commerce. "(b) 'Aircraft purchase loan' means any loan, or commitment in connection therewith, made for the purchase of a commercial transport aircraft, including spare parts normally associated therewith.

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