International Air Transportation Competition Act of 1979

[AI summary unavailable — showing source text] International Air Transportation Competition Act of 1979 - Amends the Federal Aviation Act of 1958 to direct the Civil Aeronautics Board to utilize the same public policy interests which are applicable to interstate and overseas air transportation in carrying out its functions with respect to foreign air transportation including placing maximum reliance on competitive market forces to provide the needed air transportation. Removes the requirement that a certificate to engage in foreign air transportation may only be granted if the transportation applied for is required by the public convenience and necessity. Stipulates that an application for such service need only be consistent with the public convenience and necessity. Authorizes the Board to suspend or revoke authority to serve any point, authorized in a certificate, upon notice and a reasonable opportunity for the affected carrier to present its views, but without a hearing, if the carrier has notified the Board that it proposes to suspend all service to such a point, or, if the carrier has failed to provide any significant service to the point for a 90-day period. Authorizes the Board to issue a permit to foreign air carriers…