ITF Research Reports Liberalisation of Air Transport

Download or read book ITF Research Reports Liberalisation of Air Transport written by International Transport Forum and published by OECD Publishing. This book was released on 2019-05-03 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aviation is one of the most regulated industries in the world. Much of this regulation is safety-related, to mitigate the inherent risks tied with air transport. But aviation is also subject to economic regulation that influences which airline flies which route, at which frequency, capacity and price. It even stipulates the nationality of its owners and decision makers. Aviation has freed itself from some restrictions over the past three decades, with many benefits to society. Yet liberalisation has also raised issues with regard to maintaining fair competition, high labour standards and mitigating aviation’s growing environmental impact.