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Books > Professional & Technical > Transport technology > Aerospace & aviation technology
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Law and Policy of Substantial Ownership and Effective Control of Airlines - Prospects for Change (Paperback)
Loot Price: R1,496
Discovery Miles 14 960
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Law and Policy of Substantial Ownership and Effective Control of Airlines - Prospects for Change (Paperback)
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The principle of airline substantial ownership and effective
control is one of the biggest impediments to the air transport
industry growth. Legitimately included in the bilateral agreements
since 1946 for national security reasons, States have maintained
the principle over the years and used it as a protectionist tool,
as well as a bargaining chip. Today, considering that
liberalization and globalization concepts are already
well-established in the biggest industrial sectors, and a large
number of cross-border investments occurs in most of the service
sectors through mergers and acquisitions, the time is ripe to
remove national restrictions on foreign investments from the
airline industry. This comprehensive book identifies those factors
that still justify the imposition of national ownership
restrictions on airlines and examines the prospects for change in
the current policies and regulatory regimes that support them. The
readership includes specialists in government departments of
transportation, civil aviation authorities and agencies,
international organizations, airline executives concerned with
general management, economic, legal and public affairs, aviation
lawyers, airline pilot associations, law schools concerned with
international aviation law.
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