Question 1.docx - AVM 4501 Midterm Study Sheet Don\u2019t skip reading these sections of the Text Question 1 FAR Part 121 operations are those under which

Question 1.docx - AVM 4501 Midterm Study Sheet Donu2019t...

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AVM 4501 Midterm Study Sheet. Don’t skip reading these sections of the Text! Question 1 FAR Part 121 operations are those under which most major airlines operate. True Page 177 in Air Transportation Management, A Management Perspective, 8th Edition Question 2 Airlines must achieve a large volume of output in order to lower the cost per unit of output. This is one of the principles of economies of scale. You Answered False Page 200 in Air Transportation Management, A Management Perspective, 8th Edition Question 3 Growth through merger is one of the economic characteristics of oligopolistic industries, thus it is very common to see mergers in the airline industry. Which one of the following were the latest airlines to merge in the U.S.? American–US Airways Page 203 in Air Transportation Management, A Management Perspective, 8th Edition Question 4 According to airline rankings in 2014, which low-cost airline was ranked number one in total ASMs? Southwest Airlines Page 205 in Air Transportation Management, A Management Perspective, 8th Edition Question 5 Which one of the following would not be among the common failures in airline business planning? Flexibility Page 14 in Air Transportation Management, A Management Perspective, 8th Edition Question 6 Electronic flight instrumentation system (EFIS) replaced the old mechanical flight directors and engine gauges. What type of aircraft was EFIS introduced on initially? B 757 and 767 Page 80 in Air Transportation Management, A Management Perspective, 8th Edition Question 7 Which one of the following is not one of the five specific functions of management? Budgeting Chapter 8 in Air Transportation Management, A Management Perspective, 8th Edition
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AVM 4501 Midterm Study Sheet.
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