Air Traffic Management: Economics Regulation and Governance provides the latest insights on approaches and issues surrounding the economic regulation and governance of air traffic management (ATM). The book begins by explaining what ATM is, showing its importance within the aviation industry. It then outlines the unique institutional characteristics that govern ATM, also discussing its implications for economic regulation and investment. Technological developments and the issues and approaches to safety regulation are also covered, as are the implications ATM has on airports. The book concludes with an exploration of future directions, including the entry of drones into airspace and the introduction of competition in ATM services
Air traffic management plays a critical role in air transport, impacting both air safety and the efficiency of air services. Yet air navigation services are shifting from government provision to private industry, creating the need for more critical analysis of governance and economic regulation within the ATM industry.
1. The Air Traffic Management Industry 2. Operational and technological background on air traffic management 3. Governance of air traffic management: an international perspective 4. Governance of air traffic management: a national perspective 5. Safety regulation of Air Traffic Management 6. Economic characteristics of Air Traffic Management 7. Economic regulation of air traffic management: principles and approaches 8. Economic regulation of ATM: the structure of ATM charges 9. Economic regulation of ATM: consultation on investment 10. Introducing competition in the provision of ATM services 11. New entrants into airspace - unmanned aircraft (`drones') and increased space transportation