Civil Aeronautics Board Sunset Act of 1981

[AI summary unavailable — showing source text] Civil Aeronautics Board Sunset Act of 1981 - Title I: Amendments to the Federal Aviation Act - Amends the Federal Aviation Act of 1958 to transfer specified functions, powers, and duties of the Civil Aeronautics Board to the Secretary of Transportation. Directs the Secretary to reduce reporting requirements imposed on air carriers under such Act to the minimum necessary to accomplish the purposes of this Act and the Airport and Airway Improvement Act of 1981. Repeals provisions of the Federal Aviation Act of 1958 concerning: (1) consolidation, merger, and acquisition of control; (2) interlocking relationships; (3) unfair methods of competition; and (4) certification for all-cargo air service. Terminates the authority of the Secretary in regard to pooling and cooperative working agreements, to the extent such authority relates to interstate and overseas air transportation, at the close of September 30, 1983. Exempts specified types of air transportation of persons or property within the State of Alaska from preemption by Federal laws or rules concerning rates, routes, or services of an air carrier having authority under such Act to provide interstate air transportation. Terminates t…