COMMERCE 4PA3 Lecture Notes - Lecture 2: Cabotage, Open Skies, Canadian Airlines
19 Mar 2017
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Document Summary
Canadian airlines: diff between regulated and deregulated industry. Find regulatory terms and look them up open skies. Open skies is an international policy concept that calls for the liberalization of the rules and regulations of the international aviation industry especially commercial aviation in order to create a free-market environment for the airline industry. Cabotage is the transport of goods or passengers between two points in the same country by an aircraft registered in another country. International legs for which an aircraft flies to a country to drop off passengers or to pick up passengers departing the country are not considered cabotage. Q2: make no money but happy (managed by someone who is focused on employee happiness) Q1: make money but people not happy (they hired someone who is more focused on bottom line to manage) Look back 3 years, do a lessons learned, then look at what you have to do to propel you.
