 Pietro Masci The Implementation of the U.S. Airline Industry’s Deregulation Research Proposal - Winter 2010
Airline deregulation began in the United States in 1978, introducing dramatic changes that opened the door to competition, lowered fares, and reshaped the industry.
It also created new problems such as less comfort while traveling, leaving major carriers in a precarious financial condition, increasing congestion in terminals and in the air, and leading to mergers that might eventually threaten the competition the original reforms were designed to encourage.
Over time, new issues became relevant for the functioning of the air transportation and as a tool of competition, i.e., safety and security.
After more than a quarter century, it is important to review what happened and delineate lessons from the experience.
(click the image to read the article)
(02/02/2010)
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