Accession Number:

ADA276761

Title:

Why Did Airline Deregulation Produce Today's Industry Structure? Should Our Lawmakers Have Predicted How the Industry Would Emerge?

Descriptive Note:

Research rept. Aug 1992-Apr 1993

Corporate Author:

INDUSTRIAL COLL OF THE ARMED FORCES WASHINGTON DC

Personal Author(s):

Report Date:

1993-04-01

Pagination or Media Count:

47.0

Abstract:

The commercial airline industry of the United States has undergone tremendous changes since it was deregulated in 1978. Allowed to operate in a more open and competitive environment, airline management reacted quickly and sometimes ingeniously to maintain and expand their market share. The results over the past 15 years have been disastrous for all but a few airlines. Many of the airlines, initiatives and innovations produced results that were totally unforeseen by the government. This paper discusses how airline deregulation has produced todays industry structure and shows how our lawmakers failed to correctly predict results of their actions.

Subject Categories:

  • Commercial and General Aviation
  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE