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Airline Deregulation
Essay specific features
Written by:
David P
Date added:
January 10, 2014
Level:
University
Grade:
C
No of pages / words:
4 / 980
Was viewed:
7687 times
Rating of current essay:
Essay content:
Prices are down: Airline ticket prices have fallen 40% since 1978. Flights are up: The number of annual departures is up from 5 million in 1978 to 8.2 million in 1997. Flights are safer: Before deregulation, there was one fatal accident per 830,000 flights, now the rate is one per 1.4 million flights...
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So what's the problem?
Misplaced Priorities
It appears that the Clinton administration and some in Congress will cut off their nose to spite their face. By almost all measurable ways, airline deregulation has been a success. But in response to a few small start-up airlines complaining to the Department of Transportation about "predatory pricing," Washington legislators and regulators are poised to act...
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