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What does IAFC stand for?

IAFC stands for Independent Air Fares Committee

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Samples in periodicals archive:

INDEPENDENT AIR FARES COMMITTEE ACT 1981 No. 76 of 1981 - SECT. 26. Minister may refuse use of aerodromes or facilities in certain circumstances.
The purpose of BITRE's domestic air fare index is to monitor changes over time in the price of Australian air travel. Between 1981 and domestic deregulation in 1990, air fares were determined by the Federal Government Independent Air Fares Committee (IAFC). Following deregulation, interstate air fares were monitored by the then Prices Surveillance Authority (PSA) on 21 major interstate routes, with a focus on average fares paid by travellers.