Liberalisation of Air Transport

Aviation is one of the most regulated industries in the world. Much of this regulation is safety-related, to mitigate the inherent risks tied with air transport. But aviation is also subject to economic regulation that influences which airline flies which route, at which frequency, capacity and pric...

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Bibliographic Details
Corporate Author: International Transport Forum
Format: eBook
Language:English
Published: Paris OECD Publishing 2019
Series:ITF Research Reports
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
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520 |a Aviation is one of the most regulated industries in the world. Much of this regulation is safety-related, to mitigate the inherent risks tied with air transport. But aviation is also subject to economic regulation that influences which airline flies which route, at which frequency, capacity and price. It even stipulates the nationality of its owners and decision makers. Aviation has freed itself from some restrictions over the past three decades, with many benefits to society. Yet liberalisation has also raised issues with regard to maintaining fair competition, high labour standards and mitigating aviation's growing environmental impact