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Chapter 6 1) Explain how the certificated airline industry has changed since deregulation in terms of expansion, consolidation, and concentration

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Chapter 6

1) Explain how the certificated airline industry has changed since deregulation in terms of expansion, consolidation, and concentration. Describe several innovations pioneered by the major air carriers in the early 1980s that radically changed the structure of the industry.

2- What is the main purpose of certification? In the United States, what are the different types of certification? Explain the different phases. What is CSET? What is ATOS?

3- Highlight the industry’s performance, in terms of traffic and finances, during the 1960s, 1970s, and 1990s. Describe the cyclical nature of the airline industry in terms of profitability. What was the reason for the tremendous losses incurred during the early 2000s? What is the industry forecast for the future?