Deregulation Of The Airline Industry
Beginning of paper
The airline industry has been subject of intense price competition since
it was deregulated, and the result has been a number of new carriers which
specialize in regional service and no-frills operations. These carriers
typically purchase older aircraft and often operate outside the industry-wide ....
Middle of paper
.... which offered nationwide and some international service,
and by regional carriers, such as Southwest, which offered short trips between
airports not served by the nationals.
Deregulation of the airline industry brought about in 1978 introduced a
situation in which the national and regional carriers were suddenly able to
compete in an environment that resembled a free market. Rate schedules were
lifted, price fixing was eliminated and route management was removed. The main
factors that affe ....
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Word count: 1619
Page count: 6 (approximately 250 words per page)
