Describe the history and evolution of air carriers.
10. What are the various classifications of the U.S. air carriers? Define, describe and discuss with examples.
11. What is the major advantage of air freight? Describe the characteristics of the commodities transported by air carriers.
12. Explain the cost structure of the air carriers.
13. Explain the competition in the air carrier industry. Illustrate the factors on which these air carriers compete on. Lastly, explain the concept of Dim Factoring.