AAAE C.M. Module 1 - Finance and Administration| 261 QUESTIONS| WITH COMPLETE SOLUTIONS

The revenue streams and employment of many individuals of many individuals and companies in the community relies on the _______, __________, and _____________ functioning of the airport. safe, secure, efficient What began in December of 1903 by the _______________ ______________ as a successful experiment has become the world's fastest transportation industry and an essential component of the world transportation system. Wright Brothers' One of the early adopters of aviation was the ______ _____________________, and specifically, the _____________ that used airplanes on a limited basis during WW ____, creating over ______ airfields in the process. U.S. government military I 900 The railroad industry accused the government of creating a monopoly on carrying mail (by air) and convinced Congressman Clyde Kelly of Pennsylvania to sponsor the ____ _______ _______ of 1925. This act is also know as The _________ _______. Air Mail Act, Kelly Act The Kelly Act (Air Mail Act of 1925) Authorized the postmaster general to contract for domestic airmail service with commercial air carriers. The Kelly Act set forth the precedent that only those who use _____________ would pay for it, thus providing one the airport industry's first principles - aviation should _____ for itself. aviation pay Automaker Henry Ford became the first to open a private _____ ___________ service between Detroit and Chicago, and the government opened the bidding for private companies to fly mail. air freight Air Commerce Act of 1926 First attempt to standardize and regulate commercial aviation to establish and improve safety standards. Aeronautics Branch Within the Department of Commerce Responsibilities: Fostering air commerce Issuing and enforcing air traffic rules Licensing pilots Certifying aircraft Establishing airways