This act resulted in Congress to change “the basis for fees and gave the Postmaster General broad powers; some said "dictatorial" powers” (Werrell, 2010). The Post Master general was successful in removing smaller airlines from the bidding process in favor of the larger carriers. The Civil Aeronautics Act of 1938 was the piece of legislation that finally put the oversight of the aviation industry completely in the Federal Government’s grasp. This act transferred oversight from Bureau of Air Commerce to a newly formed agency independent agency, the Civil Aeronautics Authority (CAA). This act encompassed all previous regulations and additionally gave broad powers the Civil Aeronautics Authority, which would control “both the routes, airlines flew and the ticket prices they charged, with the goal of serving the public interest” (Gowrisankaran, 2015). The main purpose of this regulation was to provide an economically sound aviation grid that was stable and wide-ranging. This act would be further defined in 1940 by redefining the
This act resulted in Congress to change “the basis for fees and gave the Postmaster General broad powers; some said "dictatorial" powers” (Werrell, 2010). The Post Master general was successful in removing smaller airlines from the bidding process in favor of the larger carriers. The Civil Aeronautics Act of 1938 was the piece of legislation that finally put the oversight of the aviation industry completely in the Federal Government’s grasp. This act transferred oversight from Bureau of Air Commerce to a newly formed agency independent agency, the Civil Aeronautics Authority (CAA). This act encompassed all previous regulations and additionally gave broad powers the Civil Aeronautics Authority, which would control “both the routes, airlines flew and the ticket prices they charged, with the goal of serving the public interest” (Gowrisankaran, 2015). The main purpose of this regulation was to provide an economically sound aviation grid that was stable and wide-ranging. This act would be further defined in 1940 by redefining the