Reference no: EM133379429

Questions

1. Which of the following definitions are true in regards to business aviation?

a. "Business aircraft use" implies an aircraft is flown for work purposes by an individual.

b. "Corporate aircraft use" implies an aircraft is owned by a corporation.

c. "Corporate aircraft" are flown by a professional flight crew.

d. A and B above.

e. All of the above.

2. Which of the following statements is true about all sizes (i.e., small, medium, large) of fixed-base operators (FBOs)?

a. Most FBOs are open 24/7.

b. Most FBOs are either franchise operations or owned by large corporations.

c. Most FBOs offer a variety of services to general aviation pilots and crews including fuel, hangar rental, and maintenance.

3. Large irregular air carriers" were also known as "supplemental air carriers."

a. True

b. False

4. Per the Civil Aeronautics Board (CAB) in 1969, an air taxi operator that performs five round-trips in a week and publishes schedules is a

a. commuter air carrier.

b. regional carrier.

c. contracted flagship carrier.

5. The oligopolic nature of the airline industry since deregulation is evidenced by which of the following?

a. High levels of government financial assistance provided by the Airport and Airway Improvement Act.

b. High cost of re-equipment cycling due to rapid advances in technology.

c. High barriers to market entry (e.g., limited terminal space or few available landing and take-off slots).

6.. (True/False) Airlines inevitably produce excess capacity to remain competitive.