The Evolution of the Airline Industry

The Evolution of the Airline Industry
Author :
Publisher : Brookings Institution Press
Total Pages : 188
Release :
ISBN-10 : 081572120X
ISBN-13 : 9780815721208
Rating : 4/5 (208 Downloads)

Book Synopsis The Evolution of the Airline Industry by : Steven Morrison

Download or read book The Evolution of the Airline Industry written by Steven Morrison and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the enactment of the Airline Deregulation Act in 1978, questions that had been at the heart of the ongoing debate about the industry for eighty years gained a new intensity: Is there enough competition among airlines to ensure that passengers do not pay excessive fares? Can an unregulated airline industry be profitable? Is air travel safe? While economic regulation provided a certain stability for both passengers and the industry, deregulation changed everything. A new fare structure emerged; travelers faced a variety of fares and travel restrictions; and the offerings changed frequently. In the last fifteen years, the airline industry's earnings have fluctuated wildly. New carriers entered the industry, but several declared bankruptcy, and Eastern, Pan Am, and Midway were liquidated. As financial pressures mounted, fears have arisen that air safety is being compromised by carriers who cut costs by skimping on maintenance and hiring inexperienced pilots. Deregulation itself became an issue with many critics calling for a return to some form of regulation. In this book, Steven A. Morrison and Clifford Winston assert that all too often public discussion of the issues of airline competition, profitability, and safety take place without a firm understanding of the facts. The policy recommendations that emerge frequently ignore the long-run evolution of the industry and its capacity to solve its own problems. This book provides a comprehensive profile of the industry as it has evolved, both before and since deregulation. The authors identify the problems the industry faces, assess their severity and their underlying causes, and indicate whether government policy can play an effective role in improving performance. They also develop a basis for understanding the industry's evolution and how the industry will eventually adapt to the unregulated economic environment. Morrison and Winston maintain that although the airline industry has not rea


The Evolution of the Airline Industry Related Books

The Evolution of the Airline Industry
Language: en
Pages: 188
Authors: Steven Morrison
Categories: Business & Economics
Type: BOOK - Published: 2010-12-01 - Publisher: Brookings Institution Press

DOWNLOAD EBOOK

Since the enactment of the Airline Deregulation Act in 1978, questions that had been at the heart of the ongoing debate about the industry for eighty years gain
The Evolution of the US Airline Industry
Language: en
Pages: 316
Authors: Eldad Ben-Yosef
Categories: Business & Economics
Type: BOOK - Published: 2005-07-13 - Publisher: Springer Science & Business Media

DOWNLOAD EBOOK

The Evolution of the US Airline Industry discusses the evolution of the hub-and-spoke network system and the associated price discrimination strategy, as the po
The Evolution of Yield Management in the Airline Industry
Language: en
Pages: 417
Authors: Ben Vinod
Categories: Business & Economics
Type: BOOK - Published: 2021-05-28 - Publisher: Springer Nature

DOWNLOAD EBOOK

This book chronicles airline revenue management from its early origins to the last frontier. Since its inception revenue management has now become an integral p
The Global Airline Industry
Language: en
Pages: 536
Authors: Peter Belobaba
Categories: Technology & Engineering
Type: BOOK - Published: 2015-07-06 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

Extensively revised and updated edition of the bestselling textbook, provides an overview of recent global airline industry evolution and future challenges Exam
The Evolution of the Airline Industry
Language: en
Pages: 199
Authors: James Baldwin
Categories:
Type: BOOK - Published: 2019-08-18 - Publisher:

DOWNLOAD EBOOK

This book gives a brief but concise narrative on the evolution of the airline industry from its beginnings to the present day. The focus is on regulations, hist