Exam1 Flashcards
(40 cards)
Freedom right to land for technical reasons
2nd
UK share of US-UK Traffic
40%
Chicago Convention
1944
Maximum Stake
49%
According to CAA, open aviation area means
Increase Passenger numbers
EU carriers view chapter 11 as
Protectionist Tool
EU airlines risk losing (prior to openskies)
traffic rights
EU ratifies open skies agreement
28/3/2008
Freedom to give right to carry revenue traffic to another country
Third
European court of justice in November 2002
Open Skies agreements and Bermuda 2 violated European Law
Major Benefit of Open Skies access to
LHR
Barriers to development
Commercial and Airport Capacity
ICAO Annex 12
SAR
Regulatory framework is said to have
Encouraged an environment of subsidy and protection
Which airline could NOT operate transatlantic prior to Open Skies
US Airways
Most Significant result of open skies
EU airlines can merge without losing access to US Market
BA and Virgin view on Open Skies
Favours US Carriers
Restricts Transatlantic Mergers
US Foreign ownership laws
Which Freedom gives right to carry traffic from other country back to home country
Fourth
How much voting stock can non-US citizens own in US airlines
25%
ICAO Annex for airworthiness of Aircraft
Annex 8
Hayward (2008) which is most lucrative market
US Market
Airlines second answer to mergers and acquisition
Strategic Alliances
Decade did deregulation of US Domestic
1970’s