{"data":{"id":"us/31-cfr-801.305","jurisdiction":"us","citation":"31 CFR 801.305","heading":"Exception for air carriers.","body":"No investment involving an air carrier, as defined in section 40102(a)(2) of title 49, United States Code, that holds a certificate issued under section 41102 of that title shall be a pilot program covered transaction.","path":["Title 31—Money and Finance: Treasury","Subtitle B—Regulations Relating to Money and Finance","CHAPTER VIII—OFFICE OF INVESTMENT SECURITY, DEPARTMENT OF THE TREASURY","PART 801—PILOT PROGRAM TO REVIEW CERTAIN TRANSACTIONS INVOLVING FOREIGN PERSONS AND CRITICAL TECHNOLOGIES","Subpart C—Pilot Program Covered Transactions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"bfa5580e94e8f904583bc768cab5d2806ded695dbf21cf42253611b6b1a4a616","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-801.304","next":"us/31-cfr-801.306"},"notice":"GroundRules: Original legal text. Not legal advice."}