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history of aviation
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In 1903, the Wright brothers first successful flight in Kitty Hawk, North Carolina marked the beginning of the aviation industry. ... After the war, though, the government stopped funding research and development, practically stagnating growth in the aviation industry. ... After this, a variety of air transport holding companies began, including Aviation Corporation. ... The aviation industry backed the passage of this act, believing that without the governments action to improve safety the commercial potential of the airplane would not be realized. ... The war also helped to generate support for research and development of aircraft, which extended beyond the war to commercial aviation. ... After major in-air collisions in the 1950s, the Federal Aviation Act was passed in 1958. The Federal Aviation Administration (FAA) was created, and was charged to develop an air traffic control system. ... 11 terrorist attacks in the US gave Ryanair its greatest push, while plunging Europes major aviation industry into a financial crisis that "bears no relation to anything we have ever seen," says Carl Heinz Neumeister, head of the European Aviation Association in Brussels. ... But the European aviation industrys troubles arent new. ... "Europes major airlines may not admit to it, but theyll be forced to become more efficient because of the Ryanairs of Europe," says Anthony Velocci, senior business editor of the New York-based Aviation Week. ... Europes response to the terrorist attacks underlines its commitment to having competition rule the European aviation market. ... The inter-European aviation business has two markets. ... They dismissed Southwest out of hand," says Velocci of Aviation Week in New York. ... Nevertheless, the aviation industry is characterized by strong nationalist sentiments towards domestic flag carriers. ... Successful airlines will be those that continue to tackle their costs and improve their products, thereby securing a strong presence in the key world aviation markets.NORTH AMERICAN INDUSTRY OVERVIEWThe commercial aviation industry in the United States has grown dramatically since the end of World War II. ... The most significant change in the history of the industry came in 1976 when the Civil Aeronautics Board (CAB) asked Congress to dismantle the economic regulatory system and allow the airlines to operate under market forces. This changed the face of commercial aviation in the United States. ... Its recommendations seek to establish aviation as an efficient, technologically superior industry with financial strength and access to global markets. ... North American carriers have been very much at the forefront of this activity, and today much of the world aviation market is shared between several large global alliances, including KLM/NorthWest, Atlantic Excellence alliance, STAR, and the British Airways / American Airlines alliance which also includes Canadian Airlines and Qantas.
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Paper Information
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Title: history of aviation
Words: 3824
Rating: None
Pages: 15.3
submitted by: elenasachinis
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