AERT 3000 Final Exam and All Correct
Answers 2025-2026 Updated.
Which of the following is not an argument against the move for deregulation? - Answer Loss
of overall airport revenue
One of the results of the 1978 Deregulation Act was that there was a move for airlines to merge.
- Answer True
The key issue in favor of deregulation is: - Answer The desirability of free competition in the
industry
One of the driving forces for the 1958 Federal Aviation Act was: - Answer A series of mid-air
collisions involving airliners
Another result of deregulation that occurred in the early to mid-80s was: - Answer a and b
above only
Which of the following were among the principles adopted to guide the Paris Convention of
1919. - Answer Right of transit without landing for international traffic and the right to
compel landing of such traffic if needed
Right of use by aircraft of all public airports. Landing fees should be imposed without
discrimination
Necessity of a permanent international aeronautical commission
Obligation to give effect to the provisions by its domestic legislation
Provisions for military, naval and state aircraft when they are in government service
Convention does not affect the rights and duties of belligerents or neutrals in time of war
Mutual indemnity to cover damage
The Warsaw Convention of 1929 provided that an air carrier was liable for damages in the event
of: - Answer All answers are correct
, There are presently nine freedoms of the air. The Chicago Conference of 1944 only approved
the first ________. - Answer Two
Bilateral agreements vary, but they all cover which of the following fundamental issues? -
Answer The number of carriers the each government can designate to provide service
between the companies
The government's role in approving fares
The routes the carrier can serve
A carrier may pick up passengers from a state other than their own and deliver to a third state,
also not its own is which freedom of the air? - Answer Fifth
The airline industry is a: - Answer oligopoly
Airline deregulation removed the high barriers of entry to the airlines - Answer false
Mergers have to be careful so as not to violate certain US laws. The most common laws that
affect mergers are: - Answer The Clayton Antitrust Act
The Sherman Antitrust Act
Which of the following are characteristics of the airlines? - Answer Select every choice
What are the characteristics of an Oligopoly? - Answer Mutual dependence
Substantial economies of scale
Growth through merger
Price rigidity and non-price competition
High barriers to entry
Answers 2025-2026 Updated.
Which of the following is not an argument against the move for deregulation? - Answer Loss
of overall airport revenue
One of the results of the 1978 Deregulation Act was that there was a move for airlines to merge.
- Answer True
The key issue in favor of deregulation is: - Answer The desirability of free competition in the
industry
One of the driving forces for the 1958 Federal Aviation Act was: - Answer A series of mid-air
collisions involving airliners
Another result of deregulation that occurred in the early to mid-80s was: - Answer a and b
above only
Which of the following were among the principles adopted to guide the Paris Convention of
1919. - Answer Right of transit without landing for international traffic and the right to
compel landing of such traffic if needed
Right of use by aircraft of all public airports. Landing fees should be imposed without
discrimination
Necessity of a permanent international aeronautical commission
Obligation to give effect to the provisions by its domestic legislation
Provisions for military, naval and state aircraft when they are in government service
Convention does not affect the rights and duties of belligerents or neutrals in time of war
Mutual indemnity to cover damage
The Warsaw Convention of 1929 provided that an air carrier was liable for damages in the event
of: - Answer All answers are correct
, There are presently nine freedoms of the air. The Chicago Conference of 1944 only approved
the first ________. - Answer Two
Bilateral agreements vary, but they all cover which of the following fundamental issues? -
Answer The number of carriers the each government can designate to provide service
between the companies
The government's role in approving fares
The routes the carrier can serve
A carrier may pick up passengers from a state other than their own and deliver to a third state,
also not its own is which freedom of the air? - Answer Fifth
The airline industry is a: - Answer oligopoly
Airline deregulation removed the high barriers of entry to the airlines - Answer false
Mergers have to be careful so as not to violate certain US laws. The most common laws that
affect mergers are: - Answer The Clayton Antitrust Act
The Sherman Antitrust Act
Which of the following are characteristics of the airlines? - Answer Select every choice
What are the characteristics of an Oligopoly? - Answer Mutual dependence
Substantial economies of scale
Growth through merger
Price rigidity and non-price competition
High barriers to entry
