US Senate Appropriations Committee approved an amendment Tuesday that would stall a Dept. of Transportation proposal intended to encourage foreign investment in US airlines through the fiscal year ending Sept. 30, according to press reports. This would give Congress more time to examine the issue. The DOT proposal allows foreign investors to wield more influence in airline management, although it does not raise the 25% ownership cap. DOT said in a statement, "the Secretary has met with the ...

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