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.

Economic Regulation and Its Reform

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Author :
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.

The Evolution of the Airline Industry

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 9780815721208
Total Pages : 188 pages
Book Rating : 4.7/5 (212 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 2010-12-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the enactment of the Airline Deregulation Act in 1978, questions that had been at the heart of the ongoing debate about the industry for eighty years gained a new intensity: Is there enough competition among airlines to ensure that passengers do not pay excessive fares? Can an unregulated airline industry be profitable? Is air travel safe? While economic regulation provided a certain stability for both passengers and the industry, deregulation changed everything. A new fare structure emerged; travelers faced a variety of fares and travel restrictions; and the offerings changed frequently. In the last fifteen years, the airline industry's earnings have fluctuated wildly. New carriers entered the industry, but several declared bankruptcy, and Eastern, Pan Am, and Midway were liquidated. As financial pressures mounted, fears have arisen that air safety is being compromised by carriers who cut costs by skimping on maintenance and hiring inexperienced pilots. Deregulation itself became an issue with many critics calling for a return to some form of regulation. In this book, Steven A. Morrison and Clifford Winston assert that all too often public discussion of the issues of airline competition, profitability, and safety take place without a firm understanding of the facts. The policy recommendations that emerge frequently ignore the long-run evolution of the industry and its capacity to solve its own problems. This book provides a comprehensive profile of the industry as it has evolved, both before and since deregulation. The authors identify the problems the industry faces, assess their severity and their underlying causes, and indicate whether government policy can play an effective role in improving performance. They also develop a basis for understanding the industry's evolution and how the industry will eventually adapt to the unregulated economic environment. Morrison and Winston maintain that although the airline industry has not rea

Engaging the Next Generation of Aviation Professionals

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Author :
Publisher : Routledge
ISBN 13 : 1000034143
Total Pages : 241 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Engaging the Next Generation of Aviation Professionals by : Suzanne K. Kearns

Download or read book Engaging the Next Generation of Aviation Professionals written by Suzanne K. Kearns and published by Routledge. This book was released on 2019-11-08 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engaging the Next Generation of Aviation Professionals is an edited volume that brings together a diverse set of academic and professional perspectives within the three themes of attracting, educating, and retaining the next generation of aviation professionals (NGAP). This compilation is the first academic work specifically targeting this critical issue. The book presents a rich variety of perspectives, academic philosophies, and real-world examples. Submissions include brief case studies, longer scholarly works from respected academics, and professional reflections from individuals who have made important contributions to their field. The book includes academic chapters that explore the topic from a more theoretical standpoint yet are accessible and understandable to a professional audience. These are complemented by both broad and specific practice examples that describe initiatives and applications occurring in the industry around the three themes. All submissions include descriptive insights, experiences, and first-hand accounts of accomplishments, intended to support the work of other professionals managing NGAP issues. This work will be valuable to anyone involved in attracting, educating, or retaining NGAP, including academics, operators, national and international regulators, and outreach coordinators, among many others.

The Global Airline Industry

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118881141
Total Pages : 536 pages
Book Rating : 4.1/5 (188 download)

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Book Synopsis The Global Airline Industry by : Peter Belobaba

Download or read book The Global Airline Industry written by Peter Belobaba and published by John Wiley & Sons. This book was released on 2015-07-06 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extensively revised and updated edition of the bestselling textbook, provides an overview of recent global airline industry evolution and future challenges Examines the perspectives of the many stakeholders in the global airline industry, including airlines, airports, air traffic services, governments, labor unions, in addition to passengers Describes how these different players have contributed to the evolution of competition in the global airline industry, and the implications for its future evolution Includes many facets of the airline industry not covered elsewhere in any single book, for example, safety and security, labor relations and environmental impacts of aviation Highlights recent developments such as changing airline business models, growth of emerging airlines, plans for modernizing air traffic management, and opportunities offered by new information technologies for ticket distribution Provides detailed data on airline performance and economics updated through 2013

The Evolution of the US Airline Industry

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9780387242132
Total Pages : 316 pages
Book Rating : 4.2/5 (421 download)

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Book Synopsis The Evolution of the US Airline Industry by : Eldad Ben-Yosef

Download or read book The Evolution of the US Airline Industry written by Eldad Ben-Yosef and published by Springer Science & Business Media. This book was released on 2005-07-13 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Evolution of the US Airline Industry discusses the evolution of the hub-and-spoke network system and the associated price discrimination strategy, as the post-deregulation dominant business model of the major incumbent airlines and its breakdown in the early 2000s. It highlights the role that aircraft – as a production input – and the aircraft manufacturers' strategy have played in shaping this dominant business model in the 1990s. Fierce competition between Airbus and Boeing and plummeting new aircraft prices in the early 2000s have fueled low-cost competition of unprecedented scope, that destroyed the old business model. The impact of the manufacturers' strategy on these trends has been overlooked by industry observers, who have traditionally focused on the demand for air travel and labor costs as the most critical elements in future trends and survivability of major network airlines. The book debates the impact and merit of government regulation of the industry. It examines uncertainty, information problems, and interest group structures that have shaped environmental and safety regulations. These regulations disregard market signals and deviate from standard economic principles of social efficiency and public interest. The Evolution of the US Airline Industry also debates the applicability of traditional antitrust analysis and policies, which conflict with the complex dynamics of real-life airline competition. It questions the regulator's ability to interpret industry conduct in real time, let alone predict or change its course towards a "desirable" direction. The competitive response of the low-cost startup airlines surprised many antitrust proponents, who believed the major incumbent airlines practically blocked significant new entry. This creative market response, in fact, destroyed the major incumbents' power to discriminate pricing – a task the antitrust efforts failed to accomplish.

The Airliner Cabin Environment

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Author :
Publisher : National Academies Press
ISBN 13 : 0309036909
Total Pages : 320 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis The Airliner Cabin Environment by : National Research Council

Download or read book The Airliner Cabin Environment written by National Research Council and published by National Academies Press. This book was released on 1986-02-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each year Americans take more than 300 million plane trips staffed by a total of some 70,000 flight attendants. The health and safety of these individuals are the focus of this volume from the Committee on Airliner Cabin Air Quality. The book examines such topics as cabin air quality, the health effects of reduced pressure and cosmic radiation, emergency procedures, regulations established by U.S. and foreign agencies, records on airline maintenance and operation procedures, and medical statistics on air travel. Numerous recommendations are presented, including a ban on smoking on all domestic commercial flights to lessen discomfort to passengers and crew, to eliminate the possibility of fire caused by cigarettes, and to bring the cabin air quality into line with established standards for other closed environments.

Competition and Regulation in the Airline Industry

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Author :
Publisher : Routledge
ISBN 13 : 1136315330
Total Pages : 210 pages
Book Rating : 4.1/5 (363 download)

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Book Synopsis Competition and Regulation in the Airline Industry by : Steven Truxal

Download or read book Competition and Regulation in the Airline Industry written by Steven Truxal and published by Routledge. This book was released on 2013-01-04 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the relationship between competition and the deregulation and liberalisation of the US and European air transport sectors reveals that the structure of the air transport sector has undergone a number of significant changes. A growing number of airlines are entering into horizontal and vertical cooperative arrangements and integration including franchising, codeshare agreements, alliances, ‘virtual mergers’ and in some cases, mergers with other airlines, groups of airlines or other complementary lines of business such as airports. This book considers the current legal issues affecting the air transport sector incorporating recent developments in the industry, including the end of certain exemptions from EU competition rules, the effect of the EU-US Open Skies Agreement, the accession of new EU Member States and the Lisbon Treaty. The book explores the differing European and US regulatory approaches to the changes in the industry and examines how airlines have remained economically efficient in what is perceived as a complex and confused regulatory environment. Competition and Regulation in the Airline Industry will be of particular interest to academics and students of competition law as well as EU law.

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:

Blind Trust

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Author :
Publisher : Quill
ISBN 13 : 9780688069674
Total Pages : 424 pages
Book Rating : 4.0/5 (696 download)

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Book Synopsis Blind Trust by : John J. Nance

Download or read book Blind Trust written by John J. Nance and published by Quill. This book was released on 1987-02 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author of A Splash of Colors offers dozens of valid and intelligent solutions to the worsening problem of safety risks in the commercial airline industry. 8 pages of black-and-white photographs.

Strategic Issues in Air Transport

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642219608
Total Pages : 436 pages
Book Rating : 4.6/5 (422 download)

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Book Synopsis Strategic Issues in Air Transport by : Ruwantissa Abeyratne

Download or read book Strategic Issues in Air Transport written by Ruwantissa Abeyratne and published by Springer Science & Business Media. This book was released on 2012-01-03 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are broadly four strategic issues in aviation: safety; security; environmental protection; and sustainability in air transport. These issues will remain for a long time as key considerations in the safe, regular, efficient and economic development of air transport. Within these four broad categories come numerous subjects that require attention of the aviation industry as well as the States. In six chapters, this book engages in detailed discussions on these subjects as they unravelled in events of recent years. The issue of safety is addressed first, following an introduction of the regulatory regime covering the four issues. Within the area of safety, the book covers such areas as safety management systems, safety and aeromedicine, safety and meteorology, the use of airspace, unmanned aircraft systems and safety oversight audits. In the security area, subjects covered include cyber terrorism, the integrity of travel documents, full body scanners, civil unrest and aviation, the suppression of unlawful acts on board aircraft and the financing of terrorism. The chapter on the environment focuses mainly on climate change - particularly on carbon credits, market based measures, the carbon market and emissions trading schemes and their effect on air transport. Finally, the chapter on sustainability discusses in detail market access along with such issues as slot allocation, open skies, the use of alternative fuels as an economic measure and corporate foresight. The concluding chapter wraps up with a discussion on where air transport is headed.

The Airport Business

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Author :
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.

Assessment of Technologies Deployed to Improve Aviation Security

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Author :
Publisher : National Academies Press
ISBN 13 : 0309172438
Total Pages : 89 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Assessment of Technologies Deployed to Improve Aviation Security by : National Research Council

Download or read book Assessment of Technologies Deployed to Improve Aviation Security written by National Research Council and published by National Academies Press. This book was released on 1999-11-23 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report assesses the operational performance of explosives-detection equipment and hardened unit-loading devices (HULDs) in airports and compares their operational performance to their laboratory performance, with a focus on improving aviation security.

GAO Documents

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Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis GAO Documents by : United States. General Accounting Office

Download or read book GAO Documents written by United States. General Accounting Office and published by . This book was released on 1987-11 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Catalog of reports, decisions and opinions, testimonies and speeches.

Economic and Environmental Regulation of International Aviation

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1317550684
Total Pages : 244 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Economic and Environmental Regulation of International Aviation by : Steven Truxal

Download or read book Economic and Environmental Regulation of International Aviation written by Steven Truxal and published by Taylor & Francis. This book was released on 2016-12-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The core structure of the regulatory regime for international civil aviation (the ‘Chicago System’) is inter–national. The features of the Chicago System were designed in an era when the world’s airlines were State–owned, and the most pressing international concerns were for navigation and safety regulation. Economic liberalization and intense globalization since the Second World War have impacted on the industry; today, it is global. This book observes the developing governance of global aviation, taking into account the concepts of sovereignty, jurisdiction and territoriality, and the proliferation of actors and participants as partners in a global public policy network, to posit that an upgraded system of global governance for civil aviation helps to explain the emerging complex landscape for global governance of civil aviation. As evidence of the emerging, complex matrix of governance of global aviation, this book identifies and reviews a selection of contemporary, transnational economic and environmental challenges facing the globalized aviation sector, e.g. fair competition safeguards, consumer protection, noise pollution and greenhouse gas emissions, and the respective ‘legal’ and policy actions taken at national level (United Arab Emirates, Qatar and People’s Republic of China), regional level (the European Union) and international level (UN Framework Convention on Climate Change and International Civil Aviation Organization). The book concludes that economic and environmental regulation of international aviation, designed for an inter–national world of yesterday, evolves into global governance of aviation, which is more suited for today’s global world. This book will be of particular interest to scholars and practitioners of aviation law, competition law and environmental law, as well as in the areas of transnational law, global governance and international relations.

Emergent Commercial Trends and Aviation Safety

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Author :
Publisher : Routledge
ISBN 13 : 0429862709
Total Pages : 392 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Emergent Commercial Trends and Aviation Safety by : Ruwantissa I.R. Abeyratne

Download or read book Emergent Commercial Trends and Aviation Safety written by Ruwantissa I.R. Abeyratne and published by Routledge. This book was released on 2018-08-17 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1999, the pre-eminent concern of the air transport industry and aircraft manufacturers at the present time is safety in the air. It is also the foremost priority of the International Civil Aviation Organization (ICAO). The basic strategic objective of the ICAO Strategic Action Plan, which was adopted by the ICAO Council in 1997, is to further safety, security and efficiency of international civil aviation. This book discusses the causative factors which may adversely affect the safety of civil aviation and analyzes the regulatory process which has been set in motion by the ICAO and the regional civil aviation bodies – AFCAC, ECAC and LACAC – in order to ensure the safety of international civil aviation and effectively manage the factors which may threaten the safety of air transport. It also offers self-contained conclusions after the examination of each instance, calculated to ensure the safety of aviation. The book will prove useful to lawyers, government agencies, airlines, economists, social scientists, politicians and journalists.

Aviation Food Safety

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1405171510
Total Pages : 408 pages
Book Rating : 4.4/5 (51 download)

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Book Synopsis Aviation Food Safety by : Erica Sheward

Download or read book Aviation Food Safety written by Erica Sheward and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: The provision of safe food to airline passengers is now amulti-billion dollar industry worldwide. As the aviation industrycontinues to grow year on year, so do passenger food serviceexpectations, with increasing demand for wider choice and greaterquality. Often neglected and under-regulated, food safety should beof paramount importance amid this growth. In this much needed book Erica Sheward makes a compelling case forbetter management of food safety for all aspects of the aircraftfood supply chain.