Airline Industry Overview
During this stage of airline development, governments controlled fares, routes, and market entrants.
Regulation
This industry group represents the manufacturers of commercial, military, and business aircraft.
Aerospace Industries Association
In 1914, the mayor of this US city became the first passenger on a regularly scheduled airline.
St. Petersburg, Fl
In this year, the DOT commenced operations.
1967
Olive Ann Beech turned down an opportunity to purchase this bizjet manufacturer.
LearJet
These are the top 3 costs for most airlines.
Fuel, Labor, and Maintenance
Light aircraft and component part manufacturers are represented by this group.
The General Aviation Manufacturers Association
The first regular airmail route was between these cities.
New York City and Washington DC
This is the FAA's main mission.
Promotion of aviation safety while ensuring efficient use of the nation's navigable airspace.
These pieces of paper were used by air traffic controllers during WWII, and are still used today, to keep track of different aircraft.
Flight Strips
The main advantage of this phase of airline development is it forces air carriers to reconsider business strategies forever.
Rethinking
Out of every 10 commercial transports operated by the world's civil airlines, this many are US made.
6
In this year, the Post Office took over the entire air mail operation.
1918
In this year Charles Lindbergh flew across the Atlantic in 33 hours.
1927
Walter Beech, LLoyd Stearman, and Clyde Cessna founded this company in 1925.
Travel Air
Not having enough capital to keep up with high operational costs is called this.
Undercapitalization
Aerospace is a major consumer of these services.
Legal, Advertising, Accounting, and Data Processing
Chicago, Il and Cheyenne, Wy
The FAA participates with this board in investigating major aircraft accidents.
The NTSB
In 1936, this company's name was changed to Piper Aircraft Corporation.
Taylor Aircraft
Money invested by parties that do not understand the nature of the operation is called this.
Wrong money
Traditionally, US airlines have taken delivery of this percentage of the total aircraft manufactured by US aircraft manufacturers.
40%
This board recommended separating civil and military aviation.
The Morrow Board
This organization represents more than 4,000 businesses and corporations involved in business aviation.
NBAA
Prior to this year, a person could fly passengers or goods without obtaining a pilot's license.
1926