Published at Wednesday, March 20th, 2019 - 14:08:01 PM. Type of airline. By Adelinda Simon.
In the context of climate change and peak oil there is a debate about possible taxation of air travel and the inclusion of aviation in an emissions trading scheme with a view to ensuring that the total external costs of aviation are taken into account.
The regulation itself traces its origin to 1938 when Congress adopted the Civil Aeronautics Act. Its resultant five-member Civil Aeronautics Board (CAB) formed two years later in 1940 regulated fares authorized routes awarded subsidies and approved interline agreements among other functions.
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