AAAE CM Module 1 Latest 2023 with complete solution

Air Commerce Act of 1926 Ans Created a new Aeronautics Branch known as the CAA (the precursor of the FAA) Function of the Civil Aeronautics Board (CAB) Ans Make safety rules and economic regulation of the airlines Deregulation of the airlines created this airline design Ans Hub and spoke system What act created the FAA? Ans Federal Aviation Act (FAA) What act created the TSA? Ans Transportation Safety Act (TSA) Airport and Airway Development Act of 1970 Ans Created gov't subsidies programs to expand the list of eligible projects for Federal Funding Growth of the FAAP to the AIP Ans Will be discussed later Future challenges facing the industry Ans 1. UAVs 2. Commercial Space 3. Cybersecurity Big dog of a Commercial Service Airport? Ans Airlines Big dog of a GA Airport? Ans FBO What is an FBO? Ans Fixed Base Operator that provides fuel