To amend the Federal Aviation Act of 1958 to authorize the Secretary of Transportation to guarantee loans for the acquisition of Stage 3 aircraft, and for other purposes.
Aviation Enhancement Act of 1993 - Amends the Federal Aviation Act of 1958 to authorize the Secretary of Transportation (Secretary) to guarantee loans to eligible air carriers for financing the acquisition of new Stage three aircraft. Authorizes the Secretary to guarantee such loans to air carriers that own aging aircraft or Stage two aircraft only if the carrier agrees that it will retire from service: (1) Stage two aircraft or aging aircraft containing a number of seats which equals or exceeds 200 percent of the number of seats contained in the acquired aircraft; or (2) all of the air carriers remaining Stage 2 aircraft and aging aircraft.
Authorizes appropriations.
Introduced in House
Introduced in House
Referred to the House Committee on Public Works + Transportation.
Referred to the Subcommittee on Aviation.
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