Airline Regulation And Deregulation

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The Economic Effects of Airline Deregulation

Author : Steven Morrison
Publisher : Brookings Institution Press
ISBN 13 : 9780815708063
Total Pages : 100 pages
Book Rating : 4.7/5 (8 download)

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Book Synopsis The Economic Effects of Airline Deregulation by : Steven Morrison

Download or read book The Economic Effects of Airline Deregulation written by Steven Morrison and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Economic Effects of Airline Deregulation

Author : Steven Morrison
Publisher : Brookings Institution Press
ISBN 13 : 9780815758457
Total Pages : 84 pages
Book Rating : 4.7/5 (584 download)

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Book Synopsis The Economic Effects of Airline Deregulation by : Steven Morrison

Download or read book The Economic Effects of Airline Deregulation written by Steven Morrison and published by Brookings Institution Press. This book was released on 1986 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Deregulating the Airlines

Author : Elizabeth E. Bailey
Publisher :
ISBN 13 :
Total Pages : 468 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Deregulating the Airlines by : Elizabeth E. Bailey

Download or read book Deregulating the Airlines written by Elizabeth E. Bailey and published by . This book was released on 1983 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Airline Deregulation and Laissez-Faire Mythology

Author : Paul S. Dempsey
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313066604
Total Pages : 392 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis Airline Deregulation and Laissez-Faire Mythology by : Paul S. Dempsey

Download or read book Airline Deregulation and Laissez-Faire Mythology written by Paul S. Dempsey and published by Bloomsbury Publishing USA. This book was released on 1992-09-08 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Airline deregulation is a failure, conclude Professors Dempsey and Goetz. They assault the conventional wisdom in this provocative book, finding that the Airline Deregulation Act of 1978, championed by a profound political movement which also advocated the deregulation of the bus, trucking, rail, and pipeline industries, failed to achieve the promises of its proponents. Only now is the full impact of deregulation being felt. Airline deregulation has resulted in unprecedented industry concentration, miserable service, a deterioration in labor-management relations, a narrower margin of safety, and higher prices for the consumer. This comprehensive book begins by exploring the strategy, tactics, and egos of the major airline robber barons, including Frank Lorenzo and Carl Icahn. In separate chapters, the strengths, weaknesses, and corporate cultures of each of the major airlines are evaluated. Part Two assesses the political, economic, and social justifications for New Deal regulation of aviation, and its deregulation in the late 1970s. Part Three then addresses the major consequences of deregulation in chapters on concentration, pricing, service, and safety, and Part Four advances a legislative agenda for solving the problems that have emerged. Professors Dempsey and Goetz advocate a middle course of responsible government supervision between the dead hand of regulation of the 1930s and the contemporary evil of market Darwinism. The book will be of particular interest to airline and airport industry executives, government officials, and students and scholars in public policy, economics, business, political science, and transportation.

Airline Deregulation

Author : Kenneth Button
Publisher : Routledge
ISBN 13 : 135181446X
Total Pages : 204 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis Airline Deregulation by : Kenneth Button

Download or read book Airline Deregulation written by Kenneth Button and published by Routledge. This book was released on 2017-04-21 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Airline Regulation and Deregulation

Author : Felix Chin
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Airline Regulation and Deregulation by : Felix Chin

Download or read book Airline Regulation and Deregulation written by Felix Chin and published by . This book was released on 1980 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Evolution of the Airline Industry

Author : Steven Morrison
Publisher : Brookings Institution Press
ISBN 13 :
Total Pages : 188 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis The Evolution of the Airline Industry by : Steven Morrison

Download or read book The Evolution of the Airline Industry written by Steven Morrison and published by Brookings Institution Press. This book was released on 1995 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This book presents a remarkable broad and objective survey of the state of the airline industry. Many analytical techniques not previously applied to airline date are used, as well as some remarkably original and intriguing databases. The resulting analyses are interesting, original, provocative, and technically well executed.'John R. Meyer

Effects of Deregulation in the Aviation Industry

Author : Barbara Bilyk
Publisher : GRIN Verlag
ISBN 13 : 3640461177
Total Pages : 29 pages
Book Rating : 4.6/5 (44 download)

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Book Synopsis Effects of Deregulation in the Aviation Industry by : Barbara Bilyk

Download or read book Effects of Deregulation in the Aviation Industry written by Barbara Bilyk and published by GRIN Verlag. This book was released on 2009-11 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2009 in the subject Politics - International Politics - Environmental Policy, grade: Distinction, Swinburne University of Technology, Melbourne, course: Aviation Regulation, Environment and Operation, language: English, abstract: Starting in the USA where deregulation of air transportation began in the late seventies, this trend was observable throughout Europe in the eighties and Australia at the beginning of the nineties. The major arguments for liberalisation were in general a reduction of capacity constraints and a simplified market access (Himpel & Lipp 2006, p.26). Constitutional for these ideas is the theory of contestable markets which assumes the efficiency of competition with a free market entry and market exit. Therefore deregulation processes aim at providing a better, safer and more efficient industry. However, Geoffrey Thomas (2008) among others points out that in reality the liberalisation of air transportation has caused predominantly negative outcomes which is why there should be a return to some degree of regulation. Based on Thomas' train of thoughts, this research paper is aimed at critically evaluating the effects of liberalisation both on the aviation industry and on the consumer. The paper is therefore structured as follows: after revealing the limitations of the evaluation, positive effects of liberalisation in Europe, the United States and Australia are outlined which are then opposed to negative effects. Based on these findings, a conclusion is finally drawn.

The Effects of Deregulation on U.S. Air Networks

Author : Aisling J. Reynolds-Feighan
Publisher : Springer Science & Business Media
ISBN 13 : 3642770614
Total Pages : 143 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis The Effects of Deregulation on U.S. Air Networks by : Aisling J. Reynolds-Feighan

Download or read book The Effects of Deregulation on U.S. Air Networks written by Aisling J. Reynolds-Feighan and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. 1 A Brief History of U. S. Commercial Aviation Regulation and Deregulation The U. S. commercial aviation industry was regulated by the government for a period of 40 years, beginning in 1938 with. the passing of the Federal Aviation Act, and ending in October 1978 when President Carter signed into law the Airline Deregulation Act (ADA). There were 16 airlines in existence when the Federal Aviation Act was passed in 1938 (the so-called 'trunk lines'). The Act established the Civil Aeronautics Authority (CAA) as the industry's regulatory body. The Act was passed principally because it was felt that the free market, if allowed to continue unregulated for much longer, would put many of these firms into bankruptcy. It is possible therefore to view the CAA of 1938 (re-organized into the Civil Aeronautics Board (CAB) in 1940) as a response to a potential market failure at the time. In the 1930s, few air traffic markets could have efficiently"supported more than one airline operating in the market [Panzar (1980)]. Competition among the carriers was cut-throat, and it was felt that the near bankruptcy of the airlines in the period was caused principally by the competitive bidding system used by the Post Office in allotting airmail subsidies [Keeler (1972), Caves (1962)].

The Airline Industry and the Impact of Deregulation

Author : George Williams
Publisher : Routledge
ISBN 13 : 1351895125
Total Pages : 180 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis The Airline Industry and the Impact of Deregulation by : George Williams

Download or read book The Airline Industry and the Impact of Deregulation written by George Williams and published by Routledge. This book was released on 2017-03-02 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

The Deregulated Airline Industry

Author : Jonathan D. Ogur
Publisher :
ISBN 13 :
Total Pages : 126 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis The Deregulated Airline Industry by : Jonathan D. Ogur

Download or read book The Deregulated Airline Industry written by Jonathan D. Ogur and published by . This book was released on 1988 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Policies for the Deregulated Airline Industry

Author :
Publisher :
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Policies for the Deregulated Airline Industry by :

Download or read book Policies for the Deregulated Airline Industry written by and published by . This book was released on 1988 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Early Experiences with Airline Deregulation

Author : John Robert Meyer
Publisher :
ISBN 13 :
Total Pages : 174 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Early Experiences with Airline Deregulation by : John Robert Meyer

Download or read book Early Experiences with Airline Deregulation written by John Robert Meyer and published by . This book was released on 1980 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Deregulation and Liberalisation of the Airline Industry

Author : Dipendra Sinha
Publisher : Routledge
ISBN 13 : 1351753355
Total Pages : 226 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Deregulation and Liberalisation of the Airline Industry by : Dipendra Sinha

Download or read book Deregulation and Liberalisation of the Airline Industry written by Dipendra Sinha and published by Routledge. This book was released on 2019-07-16 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. By giving long over-due detailed consideration to airline deregulation in countries other than the US, Dipendra Sinha makes a unique contribution to the literature on airline deregulation and transport economics.

Flying Blind

Author : Paul Stephen Dempsey
Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Flying Blind by : Paul Stephen Dempsey

Download or read book Flying Blind written by Paul Stephen Dempsey and published by . This book was released on 1990 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Airline Executives and Federal Regulation

Author : Walter David Lewis
Publisher : Ohio State University Press
ISBN 13 : 9780814208335
Total Pages : 400 pages
Book Rating : 4.2/5 (83 download)

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Book Synopsis Airline Executives and Federal Regulation by : Walter David Lewis

Download or read book Airline Executives and Federal Regulation written by Walter David Lewis and published by Ohio State University Press. This book was released on 2000 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of eight case studies of relationships between airline executives and federal regulatory agencies from the passage of the Air Commerce Act in 1926 to the Airline Deregulation Act of 1978. By focusing on the lives and personalities of individual entrepreneurs, W. David Lewis and his contributors hope to explore the interaction between technology, government regulation, and entrepreneurship. Each essay in the book focuses on a particular airline executive, such as Eddie Rickenbacker, Robert Six, and Donald Nyrop. Lewis has been careful to give a variety of perspective: Airlines of various types are represented -- large and small, scheduled and unscheduled. Some of the executives profiled were known for having adversative relationships with federal regulators, whereas others wholeheartedly accepted regulation and thrived under it. There have been public calls for a return to airline regulation, and Lewis thinks it is not inconceivable that regulation may ultimately return if problems continue and conditions deteriorate further. But, he say's, it is well to remember that deregulation occurred because there were flaws in the regulatory system it replaced. This collection of essays -- scholarly and well documented but written in a lively style suitable for specialists and nonspecialists alike -- provides a long-range perspective on the issue of airline deregulation.

Winds of Change

Author : Transportation Research Board
Publisher : Transportation Research Board
ISBN 13 : 9780309051040
Total Pages : 420 pages
Book Rating : 4.0/5 (51 download)

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Book Synopsis Winds of Change by : Transportation Research Board

Download or read book Winds of Change written by Transportation Research Board and published by Transportation Research Board. This book was released on 1991-02 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.