If the Department is satisfied that the applicant meets the requirements of § 211.31(a) through (e) , and that grant of all or part of the requested authority would otherwise be in the public interest, the Department may, subject to Presidential review under 49 U.S.C. 41307 , issue a "Freely Associated State Foreign Air Carrier Permit" to the applicant, including such terms, conditions or limitations as the Department may find to be in the public interest.
14 C.F.R. §211.32