Airline Deregulation

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Title: Airline Deregulation

Essay Details:

Subject: Miscellaneous

Author: John S

Date: May 11, 2015

Level: University

Grade: B

Length: 4 / 980

Essay text:

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. 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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