The aviation industry has borne the full force of the global financial crisis, and the combined effect of excess capacity, weakening yields and escalating fuel costs. In the past 18 months, more than 40 airlines have collapsed while those that remain fight for survival.
Governments and regulatory agencies are pursuing new directions and aviation policies with increased liberalisation and open skies agreements to create greater efficiencies for the industry while maintaining effective legislative and safety oversight. In Australia, the dynamics and volatility of the domestic aviation sector possess its own unique challenges. This text provides a comprehensive account of all aspects of aviation law. It reviews the recent regulatory and industry developments and new legislative requirements in Australia, including the mandating of Safety Management Systems for air operators, new security and environmental standards, and a review of CASA's entire Regulatory Reform Program. It provides a definitive and practical survival guide to the legal complexities of the hostile but exciting world of aviation.
