98-19299. Notification Requirements Concerning Substantial Changes in Ownership and Operations

[Federal Register Volume 63, Number 138 (Monday, July 20, 1998)]
[Notices]
[Page 38870]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-19299]


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DEPARTMENT OF TRANSPORTATION

Office of the Secretary


Notification Requirements Concerning Substantial Changes in 
Ownership and Operations

AGENCY: Office of the Secretary, DOT.

ACTION: Notice.

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SUMMARY: The Department of Transportation reminds all air carriers 
holding authority for which a fitness finding is required to comply 
with the notification requirements of 14 CFR 204.5 concerning a change 
in ownership or a filing of a petition or a plan of reorganization 
under Chapter 11 of the U.S. Bankruptcy Code, and to accompany such 
written notification with information in support of the carrier's 
continuing fitness. The Department also requests that those carriers 
provide the Department with a minimum 30-day advance notification of 
any proposed substantial change in ownership, whether or not the change 
is part of a restructuring or recapitalization of a debtor-air carrier 
under a Chapter 11 plan of reorganization.

FOR FURTHER INFORMATION CONTACT: Carol A. Woods, Air Carrier Fitness 
Division, X-56, Department of Transportation, 400 Seventh Street, SW., 
Washington, DC 20590, [phone].
Patrick V. Murphy,
Deputy Assistant Secretary for Aviation and International Affairs.
[FR Doc. 98-19299 Filed 7-17-98; 8:45 am]
BILLING CODE 4910-62-P