Technology, Engineering & Agriculture
Winds of Change
Domestic Air Transport Since Deregulation -- Special Report 230
by Transportation Research Board
Description
TRB Special Report 230 - Winds of Change: Domestic Air Transport since Deregulation examines the appropriate role of government in the deregulated airline industry. Perhaps the most significant federal policy change regarding aviation occurred in 1975 when the Civil Aeronautics Board (CAB) began giving air carriers greater freedom in discounting prices and serving new markets.1 These administrative actions were followed by the Airline Deregulation Act of 1978, which removed restrictions on market entry, pricing, and route service and began the phase-out of the CAB itself. Whereas this legislation did not affect federal safety regulations, it greatly reduced federal economic controls on air carriers. Deregulation resulted in a substantial upheaval among carriers and sharply increased competition. Passengers have generally benefited from the resulting reduced fares and increased air service throughout the country, with little or no indication of increased risk. Deregulation was expected to lead to the emergence of new, service-oriented carriers that would compete with the existing heavily regulated, inefficient carriers. Although many new carriers have tried to enter aviation markets, few have survived. The TRB committee that produced this report reviewed developments in domestic air transport service following deregulation concluded that preexisting carriers were able to exploit inherited advantages such as the ability to exercise considerable control over the use of airports they served. This advantage became pronounced as carriers shifted from point-to-point to hub-and-spoke service, which has many operational advantages for both carriers and passengers. The ability to limit competition at major hub airports, however, greatly reduces opportunities for the entry of new carriers. Such inherited advantages were compounded by a period in which many mergers between old-line carriers, including several mergers between rivals, were permitted.
More Information
Marketing Information
http://www.nap.edu/11410
Copyright Information
Copyright year 1991
National Academies Press
The National Academies Press (NAP) publish the reports of the National Academies of Sciences, Engineering and Medicine. They published more than 200 books a year on a wide range of topics.
View all titlesBibliographic Information
- Publisher National Academies Press
- Publication Date January 1992
- Orginal LanguageEnglish
- ISBN/Identifier 9780309051040 / 0309051045
- Publication Country or regionUnited States
- FormatPaperback
- Primary Price 30 USD
- Pages399
- ReadershipProfessional and scholarly
- Publish StatusPublished
- Copyright Year1991
- Dimensions9 X 6 inches
- Reference Code11410
Thank you for proceeding with this offer.
National Academies Press has chosen to review this offer before it proceeds.
You will receive an email update that will bring you back to complete the process.
You can also check the status in the My Offers area
National Academies Press has chosen to review this offer before it proceeds.
You will receive an email update that will bring you back to complete the process.
You can also check the status in the My Offers area
Please wait while the payment is being prepared.
Do not close this window.
(c) Copyright 2024 - Frankfurt Rights. All Right Reserved