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What was the role of air traffic regulations in the development of the airlines’ profitability?

What was the role of air traffic regulations in the development of the airlines’ profitability?

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These regulations offer huge confidence among various stakeholders in terms of security, safety and other transport familiar guidelines. Airlines can offer customized services to specific segments of customers and hence increased fares for different segments with competitor's move.  

These regulations ensure utilization of available capacity, flight management, enhanced onboarding services, smooth functionality of airport, following a specific routes , managing the networks of airline etc. so that better customers services can be delivered . Local aviation authorities maintain it with line to international civil aviation organization ( ICAO). In this way, it promotes maximum flight operations within air traff way which offers great revenue as well.

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