Module 1 Finance Flashcards
What year was the Kelley Air Mail Act Established?
1925, US Gov. hires private contractors to carry mail
What year was the Air Commerce Act Established?
1938, promote aviation stability (ATC Rules, Nav aids, Airways)
What year was the Civil Aeronautics Act Established?
1938, Transfered Fed Gov Civil Aviation role from the DOC to the CAA, Civil Aeronautics Authority
What year was the Reorganization Act Established?
1940, Splits the CAA into the CAB
What year was the Federal Airport Act Established?
1946, Help Gov build infrastructure with the Federal Aid to Airports Program (FAAP) predecessor to the NPAIS
What year was the DOT Act Established?
DOT Created, Fed Aviation Agency becomes the Fed Aviation Administration
What year was the Federal Aviation Act Established?
1958, CAB becomes the Federal Aviation Agency
Airport and Airways Development and Revenue Act?
1970, Established the Airport Development Aid Program (ADAP) to provide money to Airports. Part 139 Established
What year was the Aviation and Airway Revenue Act?
1970, Established Aviation trust fund, revenues from airline fares and fuel
What year was the Airline Deregulation?
1978, No more regulation
Patch Strike?
1981, 13,000 ATC’rs fired
What year was the Airport and Airways Improvement Act?
1982, Establishes the Airport Improvement Program (AIP); established the NAS which becomes the NPIAS. Established noise rules, Part 150
What year was the Aviation Noise and Capacity Act?
1990, Created the PFC at $3.00. New noise standards Part 161
What year was the Military Airport Program?
1991, Set Aside AIP funds for military airports
What year was the Aviation Investment and reform Act for the 21st Century?
2000, Increase PFC cap to $4.50 for Large and Medium Hub airports
What year was the Aviation and Transportation Security At?
2001, TSA created under the DOT
What year was the Homeland Security Act?
2002, Creates the DHS, TSA moves under the DHS.
What year was the Vision 100 Century of Aviation Reauthorization Act?
2003, Authorizes funding for NexGen
What year was the Implementing Recommendations of the 9/11 Commission Act?
2007, Requires Air Cargo Screening
What year was the FAA Modernization and reform act?
2012, AIP reauthorized. NextGen emphasized
Government Immunity
Government cannot be sued
Infraction?
Similar to a Traffic Ticket
Misdemeanor
Jail No more than one year
Civil Law (Tort or Contract Law)
Crime against a person
Criminal Offense
Crime against the community
Freedom of Movement
Freedom of Protestors/individuals taking pictures of security cannot be arrested by Ops. Police have to do it.
Governmental Immunity
Government cannot do wrong and be sued
Quiet Enjoyment
promises that the grantee or tenant of an estate in real property will be able to possess the premises in peace, without disturbance by hostile claimants.
FAR Part 77
Obstructions to Navigable AirSpace
FAR Part 139
Commercial Airport Safety Requirements, 450 Commercial Airports in the US
FAR Part 150 and 161
150 Is Airport noise planning. 161 rare, notice and approval of airport noise and Accra restrictions.
Aviation Security Regs moved to Title 49
Part 1500
Airport Security is what FAR
Part 1542
Aircraft Ops is what FAR
Part 1544
Engine noise is What FAR
Part 36
What is NPRM
Notice of Proposed Rule-Making. Agency writes regulation, then send the regs out for feedback from the public that lasts usually 30 days. The Agency decides what they like/don’t like, then publish the final rules
What is a Grant Assurance?
A promise that an airport makes to the Government when they are given money by the Government
What does Grant Assurance: Preserving Rights and Powers?
Prohibits airport from taking action that would deprive it of properly managing the airport. such as Through the Fence Operations. You can do this, but the FAA does not like this.
What does Grant Assurance: Operations and Maintenance
Requires airport will be operated in safe conditions at all times. It has Minimum Standards that business must meet (hours of Operations, services provided) Rules and regulations can be used to ensure safe operation.
What does Grant Assurance: Hazard Removal mitigation and Compatible land Use. These two go hand in hand
The Airport is responsible for protecting the Airspace and the land around the airport. Whether they control the land or not.
What does Grant Assurance: Economic Non discrimination and Exclusive Rights
The airport has to allow people to conduct business on the airport. Must be available for public use without discrimination for all types of Aeronautical activities. Exclusive Rights: Airport cannot grant a business to conduct that specific business unless the airport controls that business (Like selling fuel or food)
What does Grant Assurance: Fee and Rental Structure
Requires airport to set fees and lease rates and other charges that are directed at making the airport self-sustaining.
What does Grant Assurance: Airport Revenue
Must be used at the airport or within the airport system. Including selling or leasing airport land or equipment. ALL FEES and ALL REVENUE has to stay at the airport.
What is Revenue Diversion?
Money used to pay for Police or Fire that are needed at the airport. You have to benefit
What does Grant Assurance: Disposal Land
Money made from sale of land goes into Aviation Trust fund or goes into a Capital Project
What does Grant Assurance: Competitive Access
Medium or Large Hug Airports that cannot accommodate additional air carrier service due to lack of space. You can say no! Unless they want to spend the money to build and develop more
FAA Orders and Advisory Circulars
the FAA Orders explain the regulation. The AC tells you how to achieve the FAA Order. SOME AC’s CAN BE MADE MANDATORY.
What is Disadvantage Business Enterprises (DBE)
Any company that has at least 51% or more ownership of a minority or woman owned business. You have to give at least 10% of the cost of a project to a DBE because you are funded by Federal Money.
What is considered a Commercial Service Airport?
A publicly owned airport with at least 2500 pax boarding per year.
What is a Primary Commercial Service Airport?
A publicly owned airport with at least 10,000 pax boarding per year.
What is a GA reliever Airport?
Relieve commercial airports from GA traffic. That way a 172 isn’t in the way of the big guys.
What FAR Part talks about filing complaints against and airport?
Part 13 and Part 16
What FAR is Part 13
Informal Complaint against the airport. You can lose grant money if found guilty.
What FAR is Part 16
Formal Complaint against the airport. Lawyers are involved and it is much more formal.
When did the TSA take over security from the FAA?
After 9/11
What does the NTSB do?
They investigate accidents usually only over 12,500 pounds where an injury is involved
Part 16 complaints about airport operating policies and practices, can be dismissed by?
The Director of the Office of Airport Safety and Standards
What FAA office provides oversight of airport compliance with Part 139?
Airport District Office
What agency may make rules regarding aircraft operations after an accident?
The Federal Aviation Administration
