49 U.S.C. § 47523

National aviation noise policy

(a) General Requirements.—

Not later than July 1, 1991 , the Secretary of Transportation shall establish by regulation a national aviation noise policy that considers this subchapter, including the phaseout and nonaddition of stage 2 aircraft as provided in this subchapter and dates for carrying out that policy and reporting requirements consistent with this subchapter and law existing as of November 5, 1990 .

(b) Detailed Economic Analysis.—

The policy shall be based on a detailed economic analysis of the impact of the phaseout date for stage 2 aircraft on competition in the airline industry, including—

(1)

the ability of air carriers to achieve capacity growth consistent with the projected rate of growth for the airline industry;

(2)

the impact of competition in the airline and air cargo industries;

(3)

the impact on nonhub and small community air service; and

(4)

the impact on new entry into the airline industry.

( Pub. L. 103–272, § 1(e) , July 5, 1994 , 108 Stat. 1288 .)