AVIA 360 FINAL EXAM QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE 2025/2026
What are the three divisions of civil aviation in the United States? - Answers Commercial Air
Transport, Aerial Work, and General Aviation
Key-person insurance policies often use salary multipliers of what value to help better value the
time of an employee? - Answers 2.5 to 15 times salary value.
Commercial air transport is separated by the FAA into - Answers scheduled airlines, scheduled
commuter, and nonscheduled.
At the time of this book being written, how many business aircraft (turbojet and turboprop) were
being flown worldwide? - Answers 30,000
Which is an example of a tangible benefit of corporate aviation? - Answers Time savings.
The "narrow" perspective of corporate stakeholders focus primarily on - Answers
Which type of aviation began with the Wright brothers in 1903? - Answers Personal aviation
According to Figure 1.4, where is the corporate traveler the most productive? - Answers
Company aircraft.
Which aircraft was the first corporate jet? - Answers Lockheed Jetstar
According to Figure 1.5, what passenger activity was most common aboard company aircraft? -
Answers Employee meetings.
As a rule of thumb, what level of utilization is recommended before considering full ownership
of a company aircraft? - Answers 200.
Often individuals select a method of on-demand travel based on - Answers recommendation
from an acquaintenance.
Which is an example of a variable cost? - Answers Landing fees.
It is important for the flight department manager to be aware that company culture - Answers
has the potential to change over time.
What happens to the total cost per hour as utilization increases? - Answers Decreases.
Which is an example of a fixed cost? - Answers Hangar expenses.
What is the purpose of IS-BAO? - Answers A published set of operating standards that operators
may adopt.
What formula is used to help value a flight for personal use? - Answers SIFL
What are the three divisions of civil aviation in the United States? - Answers Commercial Air
Transport, Aerial Work, and General Aviation
Key-person insurance policies often use salary multipliers of what value to help better value the
time of an employee? - Answers 2.5 to 15 times salary value.
Commercial air transport is separated by the FAA into - Answers scheduled airlines, scheduled
commuter, and nonscheduled.
At the time of this book being written, how many business aircraft (turbojet and turboprop) were
being flown worldwide? - Answers 30,000
Which is an example of a tangible benefit of corporate aviation? - Answers Time savings.
The "narrow" perspective of corporate stakeholders focus primarily on - Answers
Which type of aviation began with the Wright brothers in 1903? - Answers Personal aviation
According to Figure 1.4, where is the corporate traveler the most productive? - Answers
Company aircraft.
Which aircraft was the first corporate jet? - Answers Lockheed Jetstar
According to Figure 1.5, what passenger activity was most common aboard company aircraft? -
Answers Employee meetings.
As a rule of thumb, what level of utilization is recommended before considering full ownership
of a company aircraft? - Answers 200.
Often individuals select a method of on-demand travel based on - Answers recommendation
from an acquaintenance.
Which is an example of a variable cost? - Answers Landing fees.
It is important for the flight department manager to be aware that company culture - Answers
has the potential to change over time.
What happens to the total cost per hour as utilization increases? - Answers Decreases.
Which is an example of a fixed cost? - Answers Hangar expenses.
What is the purpose of IS-BAO? - Answers A published set of operating standards that operators
may adopt.
What formula is used to help value a flight for personal use? - Answers SIFL
