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Port Security Fallout Stalls Aviation Plan NewsMax.com Wires WASHINGTON -- Resistance to foreign ownership of U.S. port operations spilled over into the aviation arena when a congressional panel told the Bush administration to postpone a plan to allow more foreign control of domestic airlines. The House Appropriations Committee on Wednesday passed a resolution directing the Transportation Department to hold off for 120 days on its proposal to give foreign investors in U.S. airlines more latitude to influence management decisions and more control over marketing, flight routes and what kinds of planes to fly. "The committee believes that the U.S. aviation industry is part of our critical infrastructure as are the ports," said the resolution, which passed by voice vote and doesn't have the force of law. The Transportation Department issued a statement on Thursday saying its proposal "would require U.S. citizens to maintain control of all decisions affecting the security, safety and national defense obligations of domestic airlines." Houston-based Continental Airlines has been working against the proposal to loosen limits on foreign ownership. Story Continues Below
"The furor over the ports deal has brought the issue of foreign control of critical transportation infrastructure, such as American ports and airlines, to the forefront," spokeswoman Julie King said on Thursday. "Congress' legitimate concerns about foreign control of U.S. airlines should be heeded and not ignored."
© 2006 Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. Editor's note: Read more on this subject in related Hot Topics:
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