The Economic Effects of Airline Deregulation

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Author :
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.

Deregulating the Airlines

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Author :
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:

Deregulation and the Airline Business in Europe

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Author :
Publisher : Routledge
ISBN 13 : 1134062893
Total Pages : 361 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis Deregulation and the Airline Business in Europe by : Sean Barrett

Download or read book Deregulation and the Airline Business in Europe written by Sean Barrett and published by Routledge. This book was released on 2009-05-15 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Almost 117 million passengers flew on Europe's low cost airlines in 2006. This statistic would have seemed beyond belief in the mid-1980s when air transport was a heavily regulated sphere. This book examines the deregulation which has taken place since then and in particular looks at the single most important reprurcussion of the deregulation of Europe's skies - the rise of the low cost airline. Sean Barret has been involved in the debates surrounding this right from the start and is well placed to provide a scholarly study of the issue. The book spends much time looking at the success of Ryanair in this period - this provides the perfect case study given the dominant role that the company has taken up over recent years.

Economic Regulation and Its Reform

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Publisher : University of Chicago Press
ISBN 13 : 022613816X
Total Pages : 619 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Economic Regulation and Its Reform by : Nancy L. Rose

Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Last Exit

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Publisher : Brookings Institution Press
ISBN 13 : 0815704739
Total Pages : 201 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Last Exit by : Clifford Winston

Download or read book Last Exit written by Clifford Winston and published by Brookings Institution Press. This book was released on 2010 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Proposes experiments in deregulating and privatizing the country's transportation systems to rid them of inefficiencies and significantly improve their performance in moving goods and people around the United States; the book covers roads, airports and airport traffic control, mass transit, intercity buses and railway networks"--Provided by publisher.

The Airport Business

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Publisher : Routledge
ISBN 13 : 1134892829
Total Pages : 245 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis The Airport Business by : Professor Rigas Doganis

Download or read book The Airport Business written by Professor Rigas Doganis and published by Routledge. This book was released on 2005-08-18 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Placing the airport business within a conceptual framework, the author examines the major global issues that confront it and offers solutions to the economic and financial difficulties likely to arise in the future.

Deregulating Desire

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Publisher : Temple University Press
ISBN 13 : 143990989X
Total Pages : 253 pages
Book Rating : 4.4/5 (399 download)

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Book Synopsis Deregulating Desire by : Ryan Patrick Murphy

Download or read book Deregulating Desire written by Ryan Patrick Murphy and published by Temple University Press. This book was released on 2016-10-14 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1975, National Airlines was shut down for 127 days when flight attendants went on strike to protest long hours and low pay. Activists at National and many other U.S. airlines sought to win political power and material resources for people who live beyond the boundary of the traditional family. In Deregulating Desire, Ryan Patrick Murphy, a former flight attendant himself, chronicles the efforts of single women, unmarried parents, lesbians and gay men, as well as same-sex couples to make the airline industry a crucible for social change in the decades after 1970. Murphy situates the flight attendant union movement in the history of debates about family and work. Each chapter offers an economic and a cultural analysis to show how the workplace has been the primary venue to enact feminist and LGBTQ politics. From the political economic consequences of activism to the dynamics that facilitated the rise of what Murphy calls the “family values economy” to the Airline Deregulation Act of 1978, Deregulating Desire emphasizes the enduring importance of social justice for flight attendants in the twenty-first century.

Airline Deregulation and Laissez-Faire Mythology

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Author :
Publisher :
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.:/5 (13 download)

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

Download or read book Airline Deregulation and Laissez-Faire Mythology written by Paul Stephen Dempsey and published by . This book was released on 2013 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article examines the ...

Liberalization in Aviation

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Publisher : Routledge
ISBN 13 : 1317105427
Total Pages : 615 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis Liberalization in Aviation by : Hartmut Wolf

Download or read book Liberalization in Aviation written by Hartmut Wolf and published by Routledge. This book was released on 2016-05-06 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last few decades have witnessed substantial liberalization trends in various industries and countries. Starting with the deregulation of the US airline industry in 1978, regulatory restructuring took place in further network industries such as telecommunications, electricity or railways in various countries around the world. Although most of the liberalization movements were initially triggered by the worrying performances of the respective regulatory frameworks, increases in competition and corresponding improvements in allocative and productive efficiency were typically associated with the respective liberalization efforts. From an academic perspective, the transition from regulated industries to liberalized industries has attracted a substantial amount of research reflected in many books and research articles which can be distilled to three main questions: (1) What are the forces that have given rise to regulatory reform? (2) What is the structure of the regulatory change which has occurred to date and is likely to occur in the immediate future? (3) What have been the effects on industry efficiency, prices and profits of the reforms which have occurred to date? Liberalization in Aviation brings together renowned academics and practitioners from around the world to address all three questions and draw policy conclusions. The book is divided into five sections, in turn dealing with aspects of competition in various liberalized markets, the emergence and growth of low-cost carriers, horizontal mergers and alliances, infrastructures, and concluding with economic assessments of liberalization steps so far and proposed steps in the future.

Airline Deregulation and Laissez-Faire Mythology

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Author :
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.

Deregulation of Network Industries

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 9780815713418
Total Pages : 228 pages
Book Rating : 4.7/5 (134 download)

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Book Synopsis Deregulation of Network Industries by : Sam Peltzman

Download or read book Deregulation of Network Industries written by Sam Peltzman and published by Rowman & Littlefield. This book was released on 2011-04-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, each industry faces the same critical public policy question: Are policymakers taking appropriate steps to stimulate competition or are they turning back the clock by slowing the process of deregulation? This volume addresses that issue and identifies the next steps that policymakers should take to enhance public welfare in the provision of these services. Each chapter identifies the central policy issues that have arisen in each industry as it undergoes transformation to a deregulated environment. The authors reveal the flaws in the residual regulations and make the case for faster and more comprehensive deregulation. A concluding chapter identifies how interest groups continue to exert influence on regulatory agencies and on Congress, potentially undermining deregulation. The papers included here were initially presented in December 1999 at a conference sponsored and organized by the AEI–Brookings Joint Center for Regulatory Studies.

Air Transport Liberalization

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1786431866
Total Pages : 401 pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis Air Transport Liberalization by : Matthias Finger

Download or read book Air Transport Liberalization written by Matthias Finger and published by Edward Elgar Publishing. This book was released on 2017-12-29 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This groundbreaking book offers a critical and wide-ranging assessment of the global air transport liberalization process over the past 40 years. This compilation of world experts on air transport economics, policy, and regulation is timely and significant, considering that air transport is currently facing a series of new challenges due to technological changes, the emergence of new markets, and increased security concerns.

The Economics of Regulation

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Publisher : MIT Press
ISBN 13 : 9780262610520
Total Pages : 620 pages
Book Rating : 4.6/5 (15 download)

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Book Synopsis The Economics of Regulation by : Alfred E. Kahn

Download or read book The Economics of Regulation written by Alfred E. Kahn and published by MIT Press. This book was released on 1988-06-22 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Chairman of the Civil Aeronautics Board in the late 1970s, Alfred E. Kahn presided over the deregulation of the airlines and his book, published earlier in that decade, presented the first comprehensive integration of the economic theory and institutional practice of economic regulation. In his lengthy new introduction to this edition Kahn surveys and analyzes the deregulation revolution that has not only swept the airlines but has transformed American public utilities and private industries generally over the past seventeen years. While attitudes toward regulation have changed several times in the intervening years and government regulation has waxed and waned, the question of whether to regulate more or to regulate less is a topic of constant debate, one that The Economics of Regulation addresses incisively. It clearly remains the standard work in the field, a starting point and reference tool for anyone working in regulation.Kahn points out that while dramatic changes have come about in the structurally competitive industries - the airlines, trucking, stock exchange brokerage services, railroads, buses, cable television, oil and natural gas - the consensus about the desirability and necessity for regulated monopoly in public utilities has likewise been dissolving, under the burdens of inflation, fuel crises, and the traumatic experience with nuclear plants. Kahn reviews and assesses the changes in both areas: he is particularly frank in his appraisal of the effect of deregulation on the airlines. His conclusion today mirrors that of his original, seminal work - that different industries need different mixes of institutional arrangements that cannot be decided on the basis of ideology.

Whom the Gods Would Destroy, Or, how Not to Deregulate

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Author :
Publisher : American Enterprise Institute
ISBN 13 : 9780844771564
Total Pages : 100 pages
Book Rating : 4.7/5 (715 download)

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Book Synopsis Whom the Gods Would Destroy, Or, how Not to Deregulate by : Alfred Edward Kahn

Download or read book Whom the Gods Would Destroy, Or, how Not to Deregulate written by Alfred Edward Kahn and published by American Enterprise Institute. This book was released on 2001 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work assesses the status of the public utility deregulation movement in the USA. It focuses on the continuation of releasing competitive forces in the revolutionary deregulation of a large portion of the public utilities industries since 1980.

The Deregulated Airline Industry

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Author :
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:

Regulation and Its Reform

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Publisher : Harvard University Press
ISBN 13 : 9780674753761
Total Pages : 490 pages
Book Rating : 4.7/5 (537 download)

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Book Synopsis Regulation and Its Reform by : Stephen Breyer

Download or read book Regulation and Its Reform written by Stephen Breyer and published by Harvard University Press. This book was released on 1982 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: On its Surface, this book is aimed at the topical issue of regulatory reform. But underneath it strives to go beyond the topical, seeking to analyze regulation as a distinct discipline and to help teach it as a separate subject.

The Evolution of the Airline Industry

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Author :
Publisher :
ISBN 13 : 9781687207524
Total Pages : 199 pages
Book Rating : 4.2/5 (75 download)

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Book Synopsis The Evolution of the Airline Industry by : James Baldwin

Download or read book The Evolution of the Airline Industry written by James Baldwin and published by . This book was released on 2019-08-18 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives a brief but concise narrative on the evolution of the airline industry from its beginnings to the present day. The focus is on regulations, historic events and influencing factors that shaped the industry. Starting with the Wright Flyer, the book details the early conventions and regulatory framework, the development of the commercial airline industry through the 1930s, World War II and the Chicago Convention, that created the current regulatory framework of the industry. The book then goes into the regulated and protectionist era and developments that eventually led to the deregulation and liberalization of the industry. At this point, the industry transcended from heavy government involvement to an industry driven by economic factors. Following this change, the industry experienced unprecedented growth leading to the formation of the so-called Sixth Freedom airlines, the airline alliances and the low-cost and ultra-low-cost carriers. This book is an excellent guide to how the airline industry evolved into what it is today.