This chapter covers three areas of institutional changes in the European aviation sector that may significantly affect the dynamics of the tourism industry. Further to the introduction, airlines are discussed in section two; airports are analysed in section three; and air navigation service provision are presented in section four. The dynamics of these three pillars and the interrelationship with the tourism industry is explored in section five. Among others, the chapter argues that when a proper systemic approach is followed any smart relaxation of regulatory and infrastructural constraints will have positive repercussions on tourism growth and development not only of central places but also of more peripheral regions. Finally, section six concludes and discusses the way forward.