A bill to amend the Federal Aviation Act of 1958 relating to bankruptcy transportation plans.
Airline Bankruptcy Passenger Protection Act of 1989 - Amends the Federal Aviation Act of 1958 to direct the Secretary of Transportation to issue an order authorizing a covered air carrier to develop an air transportation plan which protects airline ticket holders in the event it becomes a debtor in bankruptcy proceedings after the ticket purchase date.
Provides that if satisfactory plans have not been submitted by a specified deadline, the Secretary must promulgate regulations requiring all covered air carriers to provide air transportation for such ticket holders.
Executive Comment Requested from DOT and OMB.
Introduced in Senate
Read twice and referred to the Committee on Commerce.
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