The International Aviation Policy Term Paper Example | Topics and Well Written Essays - 2750 words

The International Aviation Policy - Term Paper ExampleAir transportation is one of the in the lead industries across the globe and it also wields significant influences on the larger social, political, and stinting mechanisms. For instance, air transport can positively contribute to a regions economic growth, but there has to be an underlying demand. This essay is divided into dickens parts. Part one discusses the social, political, economic, geographical, infrastructure, and demographic influences on air transportation. Part two addresses the impact of air transportation liberalization on market, traffic patterns, and fargons carriers financial performance and future prospects of carriers based in a world(prenominal) environment. Part I International Regulatory and Oversight The absence of air transport, just like with any other operations in the economy, can drop economic progress. Where there have been more or less complete stiffening of dominions that interfere with or oppos e the liberalization of markets, have been social regulation (Wald, Fay, & Gleich, 2010). This involves issues like labor and consumer security, defense, safety, and environment. These are domains that have been usually addressed at the global arena by the International Civil Aviation Organization (ICAO) in concert with a number of unusual multinational agreements like the Warsaw Convention (MacKenzie, 2010). Of late, national or regional programs have also acquired global importance such(prenominal) as the USs launching of more rigid security strategies (e.g. passenger information requirements), and the expansion of carbon trading inside the European nub (EU) to include all air transport. International air transport is currently a leading partner of globalization and is persistently redesigning itself to deal with the pressures of the social and economic integration that the process of globalization brings about. In economic terms, globalization takes place to foster a deepened d ivision of labor and helps economies take improvement of their comparative advantage more fully (Wensveen, 2011). Possibly, though, more essentially, globalization promotes workforce and technology transfers and facilitates the energy that goes with entrepreneurial ventures to encourage the growth of new technologies and mechanisms that boost international interests. Another assembly of factors to be taken into account in evaluating international air power policy are political and economic settings. The five basic known catalysts of stable international air transport are trade expansion, developments in the quality of service, cost adjustments, political disorder, and GDP rate. Political disorder would involve terrorist activities and protectionism. Although protectionism weakens trade expansion it seems as well to reduce foreign direct investment (FDI) (Wensveen, 2011). These restrictions weaken trade and boost capital costs eventually. Political disorder also boosts costs by d int of regulation and defense. Such costs put service providers and shippers into a more disadvantaged position and reduce air travel. Changes in costs, specifically the costs of fuel, are a continuing hazard increases in the costs of actual fuel before was zero (Wald et al., 2010). In the coming years this will cease to be the case as actual fuel costs will escalate. This kind of changes severely affects international aviation policy. The third group of factors is geographical, infrastructural, and demographical. Geography affects international aviation policy because cargo airlines choose to carry out their operations from airport near to their target markets. Some researchers studied