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Notes 1 - Air Transportation Systems Laboratory - Virginia Tech

Notes 1 - Air Transportation Systems Laboratory - Virginia Tech

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Important <strong>Air</strong>port <strong>Air</strong>way Development• <strong>Air</strong>port and <strong>Air</strong>way development Act of 1970- Creates the Aviation Trust Fund- Provided assistance to airports for development• <strong>Air</strong>line Deregulation Act of 1978- Eliminates the regulation activities- Phases out CAB in 1985- Rise and decay of low fare airlines- Consolidation of markets- Growth in commuter markets• 1981 - PATCO strike (11,000 ATC controllers fired by PresidentReagan)<strong>Virginia</strong> <strong>Tech</strong> 19

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