Comments on the Study "Consequences of Deregulation of the Scheduled Air Transportation Industry" PDF Download

Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Aeronautics, Commercial
Languages : en
Pages : 76

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Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Aeronautics, Commercial
Languages : en
Pages : 76

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Author: Transportation Research Board
Publisher: Transportation Research Board
ISBN: 9780309051040
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
Commercial aviation was one of the first industries affected by the controversial regulatory reforms that began in the 1970s. Beginning in 1975, administrative reforms of the Civil Aeronautics Board gave carriers greater freedom in discounting prices and serving new markets. The Airline Deregulation Act of 1978 removed restrictions on entry, pricing, and routes. Still unresolved in policy and practice, however, is the question of the appropriate role of government. In the interest of informing the public debate about deregulation, the Executive Committee of the Transportation Research Board convened a committee of 15 experts to review air passenger service and safety since deregulation. The findings of the committee and its recommendations are presented in this report.

Author: George Williams
Publisher: Routledge
ISBN: 1351895125
Category : Transportation
Languages : en
Pages : 180

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In the fast-changing theatre of air transportation, the strategic development of airlines and the operating economics of scheduled airline services have been transformed, following the profound impact of US deregulation. The lessons gleaned from the US experience, including effective ways of constraining rivals, have quickly been adopted by carriers facing the opening up to competition of their own local markets. In addition, in response to the hunt by the successful US survivors for further international traffic, carriers have been forced to emulate certain tactics adopted by these megacarriers, virtually irrespective of their own government’s regulatory stance. The economics of the sector, particularly with regard to revenue generation, has resulted in increased market concentration. In the longer term, prospects for competition remain unclear, given the likely existence of only a small number of similarly endowed, globally alligned megacarriers. This book explores the impact of deregulation policies on key areas of the airline industry, analyzes the response of incumbent carriers to economic freedom and examines whether or not it is possible to devise a pro-competitive regulatory strategy for this sector. The author provides the reader with a clear explanation as to: ¢ why airline deregulation policies have produced a number of unanticipated outcomes; ¢ why low-cost new entrants have been unable to survive under deregulation; ¢ why the impact of airline deregulation has differed between the USA and Western Europe. Using this analysis as a basis, he explores the future development of the sector, indicating the likely future trends towards globalization. He also argues that a competitive marketplace is not a guaranteed outcome of full deregulation and suggests an alternative approach. The book is of special interest to those members engaged in the airline industry, regulatory authorities and government departments of transport and industry. It wil

Author: Steven Morrison
Publisher: Brookings Institution Press
ISBN: 0815708068
Category : Business & Economics
Languages : en
Pages : 97

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Book Description
In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.

Author: Kenneth Button
Publisher: Routledge
ISBN: 135181446X
Category : Business & Economics
Languages : en
Pages : 204

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Book Description
The end of the twentieth century saw remarkable changes in the way that economic regulation was viewed. There occurred a liberalization of attitude and something of a withdrawal of the state from its interventionist role. These changes were particularly pronounced in the context of transport, where the long-standing tradition had been one of market intervention by the government. The aim of this book, first published in 1991, is to examine the outcomes of deregulation on the international airline industry, and to consider whether the experiences of market liberalization reveal any common threads. In particular, whether they reveal any universal indications of how underlying transport markets function; how management responds to new stimuli; the degree of protection needed by transport users; and nature of the transition process from regulation to liberalization.

Author: United States. Civil Aeronautics Board. Office of the General Counsel
Publisher:
ISBN:
Category : Aeronautics, Commercial
Languages : en
Pages : 132

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Author: Jonathan D. Ogur
Publisher:
ISBN:
Category : Airlines
Languages : en
Pages : 126

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Author: United States. Congress. Senate. Committee on Small Business. Subcommittee on Rural Economy and Family Farming
Publisher:
ISBN:
Category : Aeronautics, Commercial
Languages : en
Pages : 214

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Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 832

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