7. Public Interest

Pursuant to § 854(a), we consider whether this proposed transaction is in the public interest.

For the following reasons, we conclude that the proposed transfer of indirect control over Valencia is not adverse to the public interest and that it is reasonable to grant this § 854(a) application. First, Valencia will continue to operate as it has in the past, using the same name, operating authority, and existing tariffs. Second, Valencia will continue to possess the technical, managerial, and financial resources necessary to provide its authorized services. Third, the Commission's affiliated transaction rules and conditions will remain in effect. Fourth, employee policies will not be changed and all collective bargaining agreements will be honored. We therefore approve the requested transfer of indirect control over Valencia.