Civil Aeronautics Board Sunset Act of 1981

[AI summary unavailable — showing source text] Civil Aeronautics Board Sunset Act of 1981 - Amends the Federal Aviation Act of 1958 to revise provisions concerning Federal preemption in regard to rates, routes, or services of air carriers. Repeals provisions concerning Civil Aeronautics Board reports on: (1) State subsidies for small community air service; and (2) air carrier marketing of tours. Eliminates certificates of public convenience and necessity for air carriers engaged in domestic transportation. Repeals special operating authorizations and requirements concerning certificates for all-cargo air service. Revises requirements concerning certification of fitness for foreign air transportation. Prohibits air carrier operating certificates from being issued unless applicants for such certificates comply with all applicable insurance regulations. Repeals provisions concerning the transportation of mail by air carriers. Grants the Civil Aeronautics Board the right to intervene in specified merger and interlocking relationship cases proceeding under the antitrust laws. Requires that the Board be a party to such actions which involve foreign air transportation. Amends such Act, the Federal Trade Commission Act, and the Consume…