Civil aviation is a highly protected industry where the impact of the economic globalisation is invisible. National control over foreign ownership and control over cabotage restricted this industry to become a fully globalised industry. Based of the theory of economic liberalisation, in 2007 The European Commission, had coined in the idea of a establishing a transatlantic open aviation area (OAA) where there will be no- control over foreign ownership and control and over cabotage. The EC argues that the transatlantic OAA would liberalise the 60% of global civil aviation. Both sides of...
Civil aviation is a highly protected industry where the impact of the economic globalisation is invisible. National control over foreign ownership and...