One of the most significant events in the air transportation industry was the Airline Deregulation Act of 1978. This paper will review what deregulation, in general is, and then move specifically to the Airline Deregulation Act of 1978. From there, this paper will explore what effects the Act has had on the industry. By understanding these concepts, one can better understand the environment the industry now operates in, and how far it has come.
Inhaltsverzeichnis (Table of Contents)
- Air Transportation Deregulation
- Introduction
- Deregulation
- The Airline Deregulation Act
- Civil Aeronautics Board
- Struggling Through Deregulation
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper explores the impact of the Airline Deregulation Act of 1978 on the air transportation industry. The paper first defines deregulation and then examines the Act's effects on the industry, highlighting the intended benefits and the challenges experienced by airlines in the newly deregulated environment.
- The concept and implementation of deregulation
- The role of the Civil Aeronautics Board (CAB) in pre-deregulation air travel
- The economic and competitive consequences of deregulation
- The challenges faced by airlines in the post-deregulation era
- The impact of deregulation on consumers and air travel
Zusammenfassung der Kapitel (Chapter Summaries)
The first chapter explores the concept of deregulation and its intended benefits, focusing on the Airline Deregulation Act of 1978. It examines the rationale behind deregulation and the expectations for increased competition and lower airfares for consumers.
The second chapter delves into the role of the Civil Aeronautics Board (CAB) in pre-deregulation air travel, highlighting its regulatory powers and the potential inefficiencies it created. It analyzes Congress's decision to deregulate the industry and the anticipated benefits of market forces.
The third chapter focuses on the challenges faced by airlines in the newly deregulated environment. It explores the increased competition, the rise of hub-and-spoke systems, and the impact on smaller communities. It also examines the role of mergers and acquisitions in the post-deregulation landscape.
Schlüsselwörter (Keywords)
The key terms and topics explored in this paper include airline deregulation, the Airline Deregulation Act of 1978, the Civil Aeronautics Board (CAB), competition, market forces, airfares, hub-and-spoke systems, mergers and acquisitions, and the impact of deregulation on the air transportation industry.
- Citar trabajo
- Kimberly Wylie (Autor), 2004, Air Transportation Deregulation, Múnich, GRIN Verlag, https://www.grin.com/document/57824
