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Deregulation Of The Airline Industry
Essay specific features
Written by:
John C
Date added:
November 6, 2015
Level:
University
Grade:
A
No of pages / words:
7 / 1701
Was viewed:
3013 times
Rating of current essay:
Essay content:
In exchange for these inconveniences,
passengers receive low fares relative to the industry as a whole. This research
examines two low fare air carriers, ValuJet and Southwest Airlines. By
investigating these air carriers, we can better understand the economic impacts
of price versus service in the airline industry as a whole, as well as, the
impacts on passenger and investor confidence...
displayed 300 characters
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Instead, airlines would
compete on service and image. The airline industry was dominated by giants
(American, United, TWA) 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...
displayed 300 characters
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