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There are very few industries in the history that improved and changed the human life like the commercial airlines since its early days. Increases in purchasing power and decreases in prices, new technologies and business models, liberalization of the markets, trend of privatization and abolishment of the stiff regulations (Airline Deregulation Act of 1978), globalization and regional integrations (like EU) all enabled the airline industry to grow and progress. Global annual growth in air travel has been about twice the annual growth in GDP over the past 3 decades.