Accession Number : AD0620433
Title : AN ANALYSIS OF CIVIL AERONAUTICS BOARD POLICY CONCERNING AIRLINE MERGERS.
Descriptive Note : Master's thesis,
Corporate Author : TENNESSEE UNIV KNOXVILLE
Personal Author(s) : Unterman,Carl M.
Report Date : AUG 1965
Pagination or Media Count : 175
Abstract : The study determines and analyzes the Civil Aeronautics Board's policy concerning airline mergers. This is accomplished by: (1) tracing the evolution of statutory authority granted the Board to regulate airline mergers; (2) analyzing specific decisions of the Board to determine Board policy; (3) analyzing the position of the courts in reviewing Board policy; and, (4) analyzing the impact of Board and court decisions on the economic condition of the carriers involved in the mergers. Conclusions are that (1) the CAB was given statutory authority by Congress because of realization that some mergers would be necessary, (2) the CAB has developed guiding criteria for evaluation in each case, rather than establishing a firm policy that will insure uniform application in all situations where unifications are proposed, (3) the courts have not been instrumental in setting CAB policy other than in affirming Board decision, (4) the primary advantage of the Board's merger policy in terms of national aviation objectives is the elimination of weak carriers that were receiving subsidy payments, (5) no dramatic results were achieved in terms of the impact of the Board's policy on the economic condition of the carriers involved, and (6) the actions of the CAB regarding mergers has been realistic and in consonance with sections 102 and 408 of the Federal Aviation Act.
Descriptors : (*AIRCRAFT INDUSTRY, MANAGEMENT PLANNING AND CONTROL), (*CIVIL AVIATION, UNITED STATES GOVERNMENT), ECONOMICS, EMPLOYEE RELATIONS, MANAGEMENT ENGINEERING
Distribution Statement : APPROVED FOR PUBLIC RELEASE