The Economic Effects of Airline Deregulation is popular PDF and ePub book, written by Steven Morrison in 2010-12-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Economic Effects of Airline Deregulation can be Read Online from any device for your convenience.
The Economic Effects of Airline Deregulation Book PDF Summary
In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.
Detail Book of The Economic Effects of Airline Deregulation PDF
- Author : Steven Morrison
- Release : 01 December 2010
- Publisher : Brookings Institution Press
- ISBN : 0815708068
- Genre : Business & Economics
- Total Page : 100 pages
- Language : English
- PDF File Size : 8,5 Mb
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