REPUBLIC ACT NO. 759 - AN ACT AUTHORIZING THE TRANSFER TO THE PHILIPPINE AIR LINES, INC., OF THE FRANCHISE OF THE ILOILO-NEGROS AIR EXPRESS COMPANY, INC., LATER KNOWN AS FAR EASTERN AIR TRANSPORT, INC., TO OPERATE AN AERIAL TRANSPORTATION SERVICE IN THE PHILIPPINES.

[ REPUBLIC ACT NO. 759, June 18, 1952 ]

AN ACT AUTHORIZING THE TRANSFER TO THE PHILIPPINE AIR LINES, INC., OF THE FRANCHISE OF THE ILOILO-NEGROS AIR EXPRESS COMPANY, INC., LATER KNOWN AS FAR EASTERN AIR TRANSPORT, INC., TO OPERATE AN AERIAL TRANSPORTATION SERVICE IN THE PHILIPPINES.

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. The transfer to the Philippine Air Lines, Inc., of the franchise of the Iloilo-Negros Air Express Company, Inc., later known as Far Eastern Air Transport, Inc., granted under Act Numbered Forty-two hundred and seventy-two, to operate an aerial transportation service in the Philippines, is authorized. The Philippine Air Lines, Inc. shall therefore be subject to the provisions of said Act and its amendments under section one thereof insofar as the franchise is concerned.

SEC. 2. This Act shall take effect upon its approval.

Approved, June 18, 1952.