49 U.S.C. § 47523 — National aviation noise policy

(a) General Requirements. Not later than July 1, 1991, the Secretary of Transportation must establish, by regulation, a national aviation noise policy. The policy must account for this subchapter, including the phaseout and nonaddition of stage 2 aircraft as this subchapter describes, along with dates for carrying out that policy and reporting requirements consistent with this subchapter and the law as it existed on November 5, 1990. (b) Detailed Economic Analysis. The policy must be based on a detailed economic analysis of how the stage 2 phaseout date affects competition in the airline industry, including (1) whether air carriers can achieve capacity growth consistent with the airline industry's projected growth rate; (2) the impact on 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.