Estates, rights and interests in air space above the surface of the ground may be held, enjoyed, possessed, aliened, conveyed, leased or mortgaged as real property, shall pass by descent and distribution, and shall be dealt with for all purposes and in all respects as estates, rights and interests in real property. All the rights, privileges, incidents, powers, remedies, burdens, duties, liabilities and restrictions pertaining to estates, rights and interests in real property shall appertain and be applicable to estates, rights and interests in air space above the surface of the ground. All provisions of the laws, ordinances and regulations of this Commonwealth and its political subdivisions applicable to estates, rights and interests in and uses of real property shall appertain and be applicable to estates, rights and interests in and uses of air space above the surface of the ground. Estates, rights and interests in air space above the surface of the ground shall be subject to the exclusive national sovereignty of the United States of America in the air space of the United States and the public right of transit and flight of aircraft granted by the United States of America and the Commonwealth of Pennsylvania.