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 an air carrier's certificate and to grant such operating authority to another carrier if: (1) restrictions contained in a bilateral air transport agreement with a foreign country, or imposed by a foreign country, preclude or make it impracticable for the Board to authorize an additional carrier in a particular foreign air transportation market; and (2) the alternative carrier has demonstrated that it will provide substantially impro…