12 Questions
Which industry generates over $100 Billion annually in economic activity?
General Aviation
How many major manufacturers are there for medium-range and long-range jet aircraft used by airlines?
Four
What is the term used for an aircraft manufacturer's production before engines, avionics, and cabin arrangements are added?
"Green Aircraft"
Before deregulation, which type of airplanes experienced huge excess supply and were used commercially?
Military transport airplanes
What impact did the deregulation have on the airline industry?
The market share of major airlines decreased while low-cost carriers gained market share.
What changes in the types of airlines occurred after deregulation?
Regional and commuter airlines emerged in the 1980s, followed by new generation low-cost carriers and small jet providers in subsequent decades.
How did the percentage of passengers traveling on discount fares change over time?
The percentage increased significantly over the years.
What happened to the market value of Southwest Airlines and United Airlines after the millennium?
Southwest Airlines' market value jumped significantly while United Airlines' market value dropped.
What impact did deregulation have on airfares?
Fell by more than 40%
How did load factors change as a result of increased airline services with lower fares?
Increased from 49% to 58%
What was one of the consequences of increased load factors at airports and air traffic systems?
Introduction of slot applications
What new marketing and financial tool did airline management introduce post-deregulation?
Frequent Flyer Programs (FFP)
Test your knowledge about the aviation industry with this quiz covering important statistics, key players, and market insights.
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