History
The NTSB was established in 1967 as the federal government's primary accident investigation agency for all modes of transportation – aviation, highway, rail, marine and pipeline. The core of the new agency was composed of the Civil Aeronautics Board's Bureau of Safety (The CAB retained its economic regulation of the airline industry until it was closed on December 31, 1984 due to the Airline Deregulation Act of 1978). Originally established with strong ties to the Department of Transportation, these ties were later severed under the Independent Safety Board Act of 1974. The organization receives its authority from Chapter 11, Title 49 of the United States Code. It has investigated over 140,000 aviation incidents since its establishment.
Read more about this topic: National Transportation Safety Board
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