Code of Federal Regulations · Section
§ 801.305 — Exception For Air Carriers
31 C.F.R. § 801.305
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No investment involving an air carrier, as defined in section 40102(a)(2) of title 49, United States Code, that holds a certificate issued under section 41102 of that title shall be a pilot program covered transaction.
Authorizing Statute
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Authority to review certain mergers, acquisitions, and takeovers50 U.S.C. § 4565