Current Leader: Michael Huerta
Website for the Agency: https://www.federalregister.gov/agencies/federal-aviation-administration
When was the agency established? August 23rd, 1958
Why was the agency established? The agency was established to oversee and regulate safety in the airline industry and the use of American airspace by both military aircraft and civilian aircraft.
Duties and Responsibilities: regulate civil aviation and U.S. commercial space transportation, maintain and operate air traffic control and navigation systems for both civil and military aircrafts, and develop and administer programs relating to aviation safety and the National Airspace System.
Addressing Market Failures: Regulations are placed to ensure the highest level of safety and efficiency of aviation and air traffic. Recent regulations require more time off between shifts of air marshals and tighter restrictions on late-night shifts for traffic controllers. This helps to prevent the workers from sleeping on the job and endangering the lives of those in the air.
Current Issues: A major recent issue, mentioned earlier, is when air traffic controllers fall asleep on the job. This simple mistake has extremely severe consequences for those in flight, as effective communication with the pilot is lost.
Citations: "Agencies - Federal Aviation Administration." Federal Register. N.p., n.d. Web. 18 Mar. 2017.