Influence of political regulatory environment on the liberalization of the air transport industry in East Africa
Abstract
This paper explored the influence of the political regulatory environment on the liberalization of Air transport industry in East Africa. Data were analysed using descriptive and inferential statistical methods. The results confirmed that there was high cost of tariffs which limit the number of passengers, the bilateral agreement was discouraging liberalization, political will, and regional integration success was found to be among the key areas that can help improve liberalization of air transport. The regression results showed that the political regulatory environment affects positively the change in air transport. It was recommended that higher-level authorities in EAC keep improving collaboration among nations, easy movement of people between counties. Having a high-quality infrastructure and affordable tariffs can significantly affect the liberalization of the air transport industry.
Keywords: Political regulatory environment, liberalization, air transport industry
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