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1ST YEAR PRELIM > AIR TRANSPORT (WK2) > Flashcards

AIR TRANSPORT (WK2) Flashcards

1
Q

Two industries of aviation

A

Aerospace Industry

Air Transportation Industry

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2
Q

They became the world’s largest producer of
civil aircrafts and equipment

A

US FEDERAL GOVERNMENT

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3
Q

Principal developer and producer of defense, space and other government required systems.

A

Aerospace Industry

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4
Q

What/ how much of the Aerospace industry has the US Federal Government bought in the 21st century?

A

2/3 (74%)

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5
Q

Why is the Aerospace industry vital?

A
  • Research and Development
  • Trade Balance
  • Employment
  • Impact on other industries
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6
Q

What industry represents the nation’s largest employers

A

Aerospace Industry

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7
Q

How many workers and jobs are there in the Aerospace Industry?

A

646,000 workers
2 Million US jobs

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8
Q

TRUE OR FALSE: Aviation Industry suppliers do note assemble finish product.

A

TRUE

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9
Q

TRUE OR FALSE: Airplanes are complex and costly to manufacture.

A

TRUE

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10
Q

TRUE OR FALSE: Aircraft manufacturer will use over 10,000 suppliers

A

FALSE: 15,000

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11
Q

What are the important Commodities in manufacturing and Airplane?

A
  • Primary nonferrous metals
  • Radio
  • TV & communications equipment and
    scientific and controlling instruments
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12
Q

Market Segments of the Aerospace Industry

A
  • The Government
  • Civil Aviation
  • General Aviation
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13
Q

MARKET SEGMENTS: Defense Contractors

A

The Government

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14
Q

MARKET SEGMENTS: Dominated by the Department of Defense & National Aeronautics and Space Administration

A

The Government

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15
Q

MARKET SEGMENTS: Approx. $110B Sales in 2013

A

The Government

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16
Q

MARKET SEGMENTS: Principal Product: Air Transport

A

Civil Aviation

17
Q

MARKET SEGMENTS: Internationally Inclined

A

Civil Aviation

18
Q

MARKET SEGMENTS: Civil Aircraft Manufacturers

A

Civil Aviation

19
Q

MARKET SEGMENTS: Deals with Airline Operators

A

Civil Aviation

20
Q

MARKET SEGMENTS: Sales depend on the financial health of the world’s airlines

A

Civil Aviation

21
Q

Factors Affecting Commercial Transport Sales

A
  • Economic Growth
  • Inflation
  • Replacement aircraft
  • Airline profitability
  • Cyclical Industry
  • Future Trends in Airline Transport
22
Q

MARKET SEGMENTS: Manufactures light aircraft and components

A

General Aviation

23
Q

MARKET SEGMENTS:
Light aircrafts and helicopters

A

General Aviation

24
Q

Two industries under the Air Transport Industry

A
  • Certified Air Carriers
  • General Aviation
25
Q

Two Certified Air Carriers

A
  • Commercial Airlines
  • Common Air Carriers
26
Q

Non- commercial or private use industry

A

General Aviation

27
Q

Two types of General Aviation

A
  • Business Aviation
  • Commercial Aviation
28
Q

GENERAL AVIATION: ”Used to conduct businesses”

A

Business Aviation

29
Q

GENERAL AVIATION: ”People carried for compensation or hire but not as a common carrier”

A

Commercial Aviation

30
Q

Essentially all civil aviation except that which carried out by the certificated airlines

A

General Aviation

31
Q

Air Transport’s Contribution to the economy

A
  • Aviation employs thousands of people as well as its support industries
  • Optimization of just-in-time shipping, providing expanded services at lower cost
  • Helps industries to participate in competition
  • Provides integrated services air-land-air delivery services
32
Q

Air Transport’s contribution to efficient conduct of business:

A

It is now a part of our way of life.
- Speed
- Efficiency
- Comfort
- Safety
- Economy

Values associated with timeliness:
- Less fatigue
- Quicker on-the-spot
decisions and actions
- Expand market areas

33
Q

Speed, Efficiency, Comfort, Safety, and Economy is a symbol of?

A

modern society and
modern air transportation

34
Q

These carriers provide regularly scheduled passenger or cargo service on aircraft predominantly seating fewer than 60 passengers or holding cargo with an 18,000-pound or less payload.

A

Regional Carriers

35
Q

A typical regional flight operates over a trip distance of ____________and at lower altitudes than flights of the long-haul carriers.

A

100 to 400 miles

36
Q

regional/commuter airline passengers connect to or from major airlines, saving passengers both time and money, as a result of tight marketing partnerships between regionals and majors known as _________

A

code sharing

1ST YEAR PRELIM (10 decks)

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