International Air Transportation Fair Competitive Practices Act

[AI summary unavailable — showing source text] International Air Transportation Fair Competitive Practices Act - States that Federal departments and agencies shall take all appropriate actions within their jurisdiction to attempt to eliminate discriminatory and unfair competitive practices against United States air carriers in the international air transportation industry. Provides for compensatory charges to be imposed on foreign air carriers of the country concerned if discriminatory charges against United States air carriers are not reduced or eliminiated within a reasonable time after negotiations are undertaken for such purpose. States that the amounts so collected shall be used to compensate such air carriers for the excessive or discriminatory charges paid by them to the foreign countries involved. Requires the Secretary of State and the Postmaster General to take all necessary actions to assure that the rates paid for the transportation of mail pursuant to the Universal Postal Union Convention shall not be higher than the actual cost of transportation of the mail. Directs the Civil Aeronautics Board to expeditiously act on any proposed changes in rates for the transportation of mail by aircraft in foreign or overseas ai…