Reflecting on Regulatory OversightAs aircraft evolved, new business applications and regulatory processes evolved along with it. Regulations governing air commerce evolved to ensure a level of safety and business practices to protect the general public and support the growth of the industry.As you reflect on the era controlled by the Civil Aeronautics Board (CAB) answer the following questions.
Describe two early business applications of aircraft in air commerce.The Air Commerce Act of 1926 and the Civil Aeronautics Act of 1938 introduced new rules for the commercial airline industry.
Describe three specific elements of the acts and what it was intended to protect against.What types of control did the CAB exercise over the airlines during the regulated time frame? Describe the classification structure the CAB used for airlines. Explain the dominant route structure during this era.
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