AMT 489 Midterm questions with
complete solutions
Things that affect the industry - correct answer ✔✔ o Security
o Politics
o WX
o Technology
o Fuel prices
o MX
o On time performances
o Labor contracts
o Pilot shortage
CRS System - correct answer ✔✔ used for ticketing, sales
Marketing tool for all carriers
Screen science, screen bias
Travel agents were marketing arm, paid by how many tickets were sold with commission,
Travel agents made millions of dollars
1918 - correct answer ✔✔ U.S. post office took over operation
1920s - correct answer ✔✔ airmail higher priority
1925 - correct answer ✔✔ Kelly Act which authorized the postmaster general to enter into
contracts with private entities
, 1926 - correct answer ✔✔ Air commerce act
1934 - correct answer ✔✔ Airmail act President Franklin D. Roosevelt
Awarded airmail contracts based on competitive bidding
1938 to 1978 - correct answer ✔✔ No matter up or down, we were doing good
Roosevelt & congress
1938 - correct answer ✔✔ CAB-regulated (up to 1978)
Cyclical industry
Ask CAB for routes and fares
administrative agency consisting of three partly autonomous bodies - a five member Civil
Aeronautics Authority, a three member Air Safety Board, and an Administrator.
1958 - correct answer ✔✔ FAA
1978 - correct answer ✔✔ Deregulation
What led to dereg? - correct answer ✔✔ Watergate, cab favoritism, investigateion of CAB
Deregulation - correct answer ✔✔ Promote competition
Macroeconomic events
Macroeconomic events - correct answer ✔✔ Fuel crisis (1978-88)
- PATCO strike (air traffic control strike 1978)
complete solutions
Things that affect the industry - correct answer ✔✔ o Security
o Politics
o WX
o Technology
o Fuel prices
o MX
o On time performances
o Labor contracts
o Pilot shortage
CRS System - correct answer ✔✔ used for ticketing, sales
Marketing tool for all carriers
Screen science, screen bias
Travel agents were marketing arm, paid by how many tickets were sold with commission,
Travel agents made millions of dollars
1918 - correct answer ✔✔ U.S. post office took over operation
1920s - correct answer ✔✔ airmail higher priority
1925 - correct answer ✔✔ Kelly Act which authorized the postmaster general to enter into
contracts with private entities
, 1926 - correct answer ✔✔ Air commerce act
1934 - correct answer ✔✔ Airmail act President Franklin D. Roosevelt
Awarded airmail contracts based on competitive bidding
1938 to 1978 - correct answer ✔✔ No matter up or down, we were doing good
Roosevelt & congress
1938 - correct answer ✔✔ CAB-regulated (up to 1978)
Cyclical industry
Ask CAB for routes and fares
administrative agency consisting of three partly autonomous bodies - a five member Civil
Aeronautics Authority, a three member Air Safety Board, and an Administrator.
1958 - correct answer ✔✔ FAA
1978 - correct answer ✔✔ Deregulation
What led to dereg? - correct answer ✔✔ Watergate, cab favoritism, investigateion of CAB
Deregulation - correct answer ✔✔ Promote competition
Macroeconomic events
Macroeconomic events - correct answer ✔✔ Fuel crisis (1978-88)
- PATCO strike (air traffic control strike 1978)
