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FROM THE OFFICE OF PUBLIC AFFAIRS

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December 20, 2002
PO-3713

ATSB Decision On Evergreen International Airlines, Inc.

WASHINGTON, DC – The Air Transportation Stabilization Board (Board) announced today its conditional approval of the application by Evergreen International Airlines, Inc. for a Federal guarantee pursuant to the Air Transportation Safety and System Stabilization Act (Act) and implementing regulations promulgated by the Office of Management and Budget (Regulations). The Board’s decision was unanimous.
 
The Board’s approval is subject to several conditions, including a reduced guarantee amount, certain structural and financial enhancements and other conditions identified in the letter to Evergreen International Airlines, Inc., which is attached below.
Additional information about the ATSB is available on its web site, www.ustreas.gov/offices/domestic-finance/atsb/.

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