Contents
Introduction 1
Single European Market 2
Aviation Industry in Europe 2
Regulatory Changes and Impact on Aviation Industry in Europe 3
Air Transport Liberalization 5
The Competition Rules and Impact on Aviation Industry 6
Environmental policies 8
European Union’s Emissions Trading Scheme (EU ETS) 9
Advanced Emission Model or AEM 10
Conclusion 10
References 12
Description
This paper discusses briefly the concept of single European market. The paper then discusses the nature of aviation industry in Europe and the impact of the creation of internal market, competitive policies and environmental policies on the aviation industry.