Opinion for the Court filed by Chief Judge MARKEY.
MARKEY, Chief Judge:
Arrow Air, Inc. (Arrow) petitions for review of Civil Aeronautics Board (CAB) "Interpretation of Regulations Concerning Payment to Direct Air Carrier(s)," ER-1387 and SPR-194 (ER-1387), adopted and made effective August 17, 1984. See 49 Fed.Reg. 33,436 (Aug. 23, 1984).
I. BACKGROUND
A. The Regulatory Background<...
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