Submit a 23 page paper addressing each of the following 1Def

Submit a 2-3 page paper addressing each of the following: 1.Define \"air transportation industry\" and distinguish between certificated air carriers and general aviation. 2.Discuss one argument in favor and one opposed to U.S. airline deregulation in 1978.

Solution

Air transportation industry is a sub sector of the warehouse and transportation industry. Air transportation refers to the transport between interstate. This industry provides transportation of both the passengers as well as cargo. Air transportation industry utilizes helicopters, aircrafts as well as airplanes to transport the cargo and passengers.

This sector has two types of transportation scheduled as well as unscheduled transportation. The scheduled air carriers follow regular schedules and have specified route. The unscheduled carriers fly at non-peak time slots.

Difference between certified air carriers and general aviation is elaborated below:

2.

The Airline deregulation act was incorporated on 24^th October 1978 by the US Federal law. This act is prepared to remove the control of US government over the routes, fares and entry of new airlines in the industry.

This act helped to increase the number of passengers travelling on US airlines. Besides this it also help to reduce the price of plane ticket irrespective of inflation. It also raised concerns about the safety in aviation industry.

However this act also involves certain downsides. One of the major disadvantages of this act includes the increasing dominance of few major carriers over the industry.