The commercial airline industry is one of the most heavily regulated business sectors in the world. This intense governmental oversight—from both domestic and global regulators—creates the conditions for all sorts of compliance requirements and places a premium on company responsiveness to government investigations.
For example, airlines are frequently required to comply with regulatory inquiries regarding licensing issues, safety rules, competition analysis and other government enforcement matters. They also need to be nimble enough to respond to investigations into the way they conducted their businesses in the midst of unforeseen events, such as this year’s COVID-19 coronavirus pandemic that has dramatically impacted international air travel. ...read more!
