What are the types of carriers as defined by revenue class? Who are some of the members of each class? Do you think the members of each class would compete against or work together with members of other classes? What about members of their own class? Use examples, obtained from advertising or websites. 2. Discuss the ways in which air carriers compete with each other. How have regulatory changes affected this competition? 3. What is the major advantage of air carriers? How does this advantage impact the inventory levels of those firms using air transportation? Explain how this advantage relates to the choice of modes when choosing between air carriage and other modes for freight and passengers.

What are the types of carriers as defined by revenue class? Who are some of the members of each class? Do you think the members of each class would compete against or work together with members of other classes? What about members of their own class? Use examples, obtained from advertising or websites. 2. Discuss the ways in which air carriers compete with each other. How have regulatory changes affected this competition? 3. What is the major advantage of air carriers? How does this advantage impact the inventory levels of those firms using air transportation? Explain how this advantage relates to the choice of modes when choosing between air carriage and other modes for freight and passengers.