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How did the recent change in government foreign trade rules effect operations at DFW airport?"

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DFW International Airport Foreign Trade Zone Gains First Approval of New Streamlined Trade Rules U.S. Commerce Department changes make it easier and less costly for area businesses to set up foreign trade zones DFW INTERNATIONAL AIRPORT, Texas, Jan. 21 /PRNewswire-USNewswire/ -- The DFW Foreign Trade Zone is one of the nation's first foreign trade zones authorized by the U.S. Department of Commerce to operate under new and streamlined procedures designed to make domestic business more competitive internationally. Under the approval, the six-county DFW area (Dallas, Tarrant, Collin, Denton, Grayson and Rockwall counties) has been pre-approved by the federal government as eligible foreign trade zone property. With the agreement of local officials, the federal government will provide any eligible business with a foreign trade zone designation on an expedited and simplified basis. The designation process, which historically has taken more than a year, will now take less than 45 days and ...  more

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1978 - Airline Deregulation Act of 1978 is approved, allowing airlines to adopt new routes and more competitive rate structures. * DFW Customs District is created. * Foreign Trade Zone #39 is created. * American Airlines, which began as National Air Transport in Fort Worth 50 years prior, announces plans to move its corporate headquarters from New York to Fort Worth, adjacent to DFW Airport. 1979 - Wright Amendment passes in the U.S. Congress. 1981 - Growth at DFW Airport leads to $112 million expansion; Professional Air Traffic Controllers Organization (PATCO) strikes result in significant disruption. 1982 - Braniff Airlines files bankruptcy. 1983 - In its first ten years, DFW Airport handles approximately 200 million airline passengers and more than 2.6 million tons of cargo and mail; the number of airlines providing service has expanded to over 40 - up from just twelve on opening day. 1985 - Investigation into construction irregularities has profound impact on the Airport Board; ...  more

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