To amend the Federal Aviation Act of 1958 to impose conditions relating to employment on certain transfers of air carrier certificates of public convenience and necessity.

Amends the Federal Aviation Act of 1958 to require air carriers that have acquired certificates of convenience and necessity transferring air route authority to South America, Central America, and the Caribbean from another air carrier to hire from the latter, on the basis of seniority, approximately 6,500 employees required to operate such routes.

Requires disputes over implementation of such transfers to be resolved by arbitration under the provisions of the Tiger International Seaboard Acquisition Case, CAB Docket 33712.