The Future of International Air Transport Policy

Download or read book The Future of International Air Transport Policy written by Organisation for Economic Co-operation and Development and published by OECD Publishing. This book was released on 1997 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report addresses the key policy challenges confronting international air transport, including globalization, market entry and exit, competition within the market, subsidization, privitization, and foreign ownership. International air transport is a major industry in its own right. Faced with the prospect of an increasingly turbulent and uncertain world economic environment in the coming decades, international aviation must evolve into an efficient, dynamic and reponsive sector that is able to contribute fully to global environmental development. This report addresses the key policy challenges confronting international air transport, including globalization, market entry and exit, competition within the market, subsidization, privitization, and foreign ownership. The highly contentious issue of liberalization is also tackled, and a set of wide-ranging policy recommendations to help decision makers shape the regulatory framework of the future is proposed.