LGAV Exam 1, 2026 – Aviation Studies Study and Review Material
People in different nations trade with each other because - ANS✔✔ individuals seek to make
profits
Which of the following aerospace industry merges DID NOT occur? - ANS✔✔ Boeing and Cessna
Pentagon demands for state of the art "niche" technologies and short production runs drives -
ANS✔✔ up the cost of electronic components
Although the number of operating carriers decreased from 1981-2004, - ANS✔✔ RPMs
increased from 2.09 Billion to 56.21Billion
The Air Transportation Safety and System Stabilization Act of 2001 - ANS✔✔ Gave $15 Billion of
financial assistance to airlines
During the early 1990's airlines collectively lost over $2.1 Billion and assimilated heavy debt due
to - ANS✔✔ Recession, high fuel costs, Iraqi invasion of Kuwait
As a result of deregulation - ANS✔✔ Common carriers moved into one another's territories And
some of the largest carriers filed for bankruptcy
Corporate aircraft are used by not only executives, but employees of all levels in the company -
ANS✔✔ True
Discounted air fares are targeted at this type of traveler - ANS✔✔ Vacation
, A firm displays economies of scale when - ANS✔✔ There is a decrease in long-term average
costs as the size of operations increase
Why did business aviation use increase in the 1980s? - ANS✔✔ Airline service to many small
communities declined
Aerial observation is using aircraft for - ANS✔✔ Aerial mapping and observation
Private-use airports - ANS✔✔ Are not available to the general public
What is DABS? - ANS✔✔ A discrete address beacon developed by the FAA as an upgrade to ATC
radar
This organization represents more than 4,000 businesses that use aircraft to conduct business -
ANS✔✔ NBAA
Which of the following is a responsibility of the Federal Highway Administration? - ANS✔✔
Working with the National Park Service to build roads in national forests and parks And working
with federal and state governments to coordinate federal-aid for road construction
"Open" systems - ANS✔✔ have free-flowing inputs and outputs
"Diseconomies of Scale" refers to the phenomenon of - ANS✔✔ as organizations increase levels
of output, complexity leads to inefficiency(rising costs)
During the Growth Years (1938-1945), which of the following governmental agencies were NOT
involved with regulating air commerce? - ANS✔✔ DOT
People in different nations trade with each other because - ANS✔✔ individuals seek to make
profits
Which of the following aerospace industry merges DID NOT occur? - ANS✔✔ Boeing and Cessna
Pentagon demands for state of the art "niche" technologies and short production runs drives -
ANS✔✔ up the cost of electronic components
Although the number of operating carriers decreased from 1981-2004, - ANS✔✔ RPMs
increased from 2.09 Billion to 56.21Billion
The Air Transportation Safety and System Stabilization Act of 2001 - ANS✔✔ Gave $15 Billion of
financial assistance to airlines
During the early 1990's airlines collectively lost over $2.1 Billion and assimilated heavy debt due
to - ANS✔✔ Recession, high fuel costs, Iraqi invasion of Kuwait
As a result of deregulation - ANS✔✔ Common carriers moved into one another's territories And
some of the largest carriers filed for bankruptcy
Corporate aircraft are used by not only executives, but employees of all levels in the company -
ANS✔✔ True
Discounted air fares are targeted at this type of traveler - ANS✔✔ Vacation
, A firm displays economies of scale when - ANS✔✔ There is a decrease in long-term average
costs as the size of operations increase
Why did business aviation use increase in the 1980s? - ANS✔✔ Airline service to many small
communities declined
Aerial observation is using aircraft for - ANS✔✔ Aerial mapping and observation
Private-use airports - ANS✔✔ Are not available to the general public
What is DABS? - ANS✔✔ A discrete address beacon developed by the FAA as an upgrade to ATC
radar
This organization represents more than 4,000 businesses that use aircraft to conduct business -
ANS✔✔ NBAA
Which of the following is a responsibility of the Federal Highway Administration? - ANS✔✔
Working with the National Park Service to build roads in national forests and parks And working
with federal and state governments to coordinate federal-aid for road construction
"Open" systems - ANS✔✔ have free-flowing inputs and outputs
"Diseconomies of Scale" refers to the phenomenon of - ANS✔✔ as organizations increase levels
of output, complexity leads to inefficiency(rising costs)
During the Growth Years (1938-1945), which of the following governmental agencies were NOT
involved with regulating air commerce? - ANS✔✔ DOT
