AAAE CM Exam 2023 with complete solutions

The Kelly Act - Answer- Authorized postmaster general to contract for domestic airmail service with commercial air carriers Fixed-Base Operator (FBO) - Answer- Provided fuel and place for pilots/passengers to rest. Offered services Air Mail Act of 1925 - Answer- Commercial airlines became widespread Commerce Act of 1926 - Answer- Federal govts.'s regulation of civil aviation American Association of Airport Executives (AAAE) - Answer- First airport management trade organization established Hub-and-Spoke - Answer- Allows cargo to be transported to central hub, where it's resorted and sent to final destination. Airlines also used for more efficient way of moving passengers Self-sustaining - Answer- Airport does not rely on municipal tax revenue to operate Airport Sponsor - Answer- this entity is own/controls the direction of and is accountable to the FAA for operating a public use airport Airport Executive - Answer- tactical leader of airport (airport direction/manager), in charge of day to day activities, makes recommendations to board Which entity is responsible for preparing financial plans? - Answer- Airport Executive/Manager FAA Orders - Answer- Memo to an FAA District Office. Explains how to administrate a process. How FAA will regulate a process Term for Grant Assurances - Answer- -Non-land: Typically 20 years -Land: Life of the land -Equipment: lifespan of equipment Part 13 Complain - Answer- Informal -Know where to file -Brief summary of process -Results of processPart 16 Complain - Answer- -For