The Consequences Of Airline Mergers Since Deregulation
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The Consequences Of Airline Mergers Since Deregulation
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Author : United States. Civil Aeronautics Board. Office of the General Counsel
language : en
Publisher:
Release Date : 1982
The Consequences Of Airline Mergers Since Deregulation written by United States. Civil Aeronautics Board. Office of the General Counsel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Aeronautics, Commercial categories.
The Consequences Of Airline Mergers Since Deregulation
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Author :
language : en
Publisher:
Release Date : 1982
The Consequences Of Airline Mergers Since Deregulation written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Aeronautics, Commercial categories.
The Airline Mergers And Their Effect On American Consumers
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Author : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Commerce, Trade, and Consumer Protection
language : en
Publisher:
Release Date : 2001
The Airline Mergers And Their Effect On American Consumers written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Commerce, Trade, and Consumer Protection and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
The Consequences Of Airline Mergers Since Deregulation
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Author : United States. Civil Aeronautics Board. Office of the General Counsel
language : en
Publisher:
Release Date : 1982
The Consequences Of Airline Mergers Since Deregulation written by United States. Civil Aeronautics Board. Office of the General Counsel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Aeronautics, Commercial categories.
Effects Of Deregulation In The Aviation Industry
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Author : Barbara Bilyk
language : en
Publisher: GRIN Verlag
Release Date : 2009-11-02
Effects Of Deregulation In The Aviation Industry written by Barbara Bilyk and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-02 with Science categories.
Seminar paper from the year 2009 in the subject Politics - Environmental Policy, grade: Distinction, Swinburne University of Technology, Melbourne, course: Aviation Regulation, Environment and Operation , language: English, abstract: Starting in the USA where deregulation of air transportation began in the late seventies, this trend was observable throughout Europe in the eighties and Australia at the beginning of the nineties. The major arguments for liberalisation were in general a reduction of capacity constraints and a simplified market access (Himpel & Lipp 2006, p.26). Constitutional for these ideas is the theory of contestable markets which assumes the efficiency of competition with a free market entry and market exit. Therefore deregulation processes aim at providing a better, safer and more efficient industry. However, Geoffrey Thomas (2008) among others points out that in reality the liberalisation of air transportation has caused predominantly negative outcomes which is why there should be a return to some degree of regulation. Based on Thomas’ train of thoughts, this research paper is aimed at critically evaluating the effects of liberalisation both on the aviation industry and on the consumer. The paper is therefore structured as follows: after revealing the limitations of the evaluation, positive effects of liberalisation in Europe, the United States and Australia are outlined which are then opposed to negative effects. Based on these findings, a conclusion is finally drawn.
Airline Industry
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Author : JayEtta Z. Hecker
language : en
Publisher: DIANE Publishing
Release Date : 2008
Airline Industry written by JayEtta Z. Hecker and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Transportation categories.
The airline industry generates operating revenues of $172 billion in 2007, amounting to over 1% of the U.S. gross domestic product. It carried more than 700 million passengers in 2007. Airline deregulation in 1978 led, at least in part, to increasingly volatile airline profitability, resulting in periods of significant losses and bankruptcies. In response, some airlines have proposed or are considering merging with or acquiring another airline. This report describes: (1) the financial condition of the U.S. passenger airline industry; (2) whether the industry is becoming more or less competitive; (3) why airlines seek to merge with or acquire other airlines; and (4) the role of fed. authorities in reviewing proposed airline mergers and acquisitions. Charts and tables.
Airline Deregulation And Laissez Faire Mythology
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Author : Paul S. Dempsey
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 1992-09-08
Airline Deregulation And Laissez Faire Mythology written by Paul S. Dempsey and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-09-08 with Business & Economics categories.
Airline deregulation is a failure, conclude Professors Dempsey and Goetz. They assault the conventional wisdom in this provocative book, finding that the Airline Deregulation Act of 1978, championed by a profound political movement which also advocated the deregulation of the bus, trucking, rail, and pipeline industries, failed to achieve the promises of its proponents. Only now is the full impact of deregulation being felt. Airline deregulation has resulted in unprecedented industry concentration, miserable service, a deterioration in labor-management relations, a narrower margin of safety, and higher prices for the consumer. This comprehensive book begins by exploring the strategy, tactics, and egos of the major airline robber barons, including Frank Lorenzo and Carl Icahn. In separate chapters, the strengths, weaknesses, and corporate cultures of each of the major airlines are evaluated. Part Two assesses the political, economic, and social justifications for New Deal regulation of aviation, and its deregulation in the late 1970s. Part Three then addresses the major consequences of deregulation in chapters on concentration, pricing, service, and safety, and Part Four advances a legislative agenda for solving the problems that have emerged. Professors Dempsey and Goetz advocate a middle course of responsible government supervision between the dead hand of regulation of the 1930s and the contemporary evil of market Darwinism. The book will be of particular interest to airline and airport industry executives, government officials, and students and scholars in public policy, economics, business, political science, and transportation.
The Airline Industry And The Impact Of Deregulation
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Author : George Williams
language : en
Publisher: Routledge
Release Date : 2017-03-02
The Airline Industry And The Impact Of Deregulation written by George Williams and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-02 with Transportation categories.
In the fast-changing theatre of air transportation, the strategic development of airlines and the operating economics of scheduled airline services have been transformed, following the profound impact of US deregulation. The lessons gleaned from the US experience, including effective ways of constraining rivals, have quickly been adopted by carriers facing the opening up to competition of their own local markets. In addition, in response to the hunt by the successful US survivors for further international traffic, carriers have been forced to emulate certain tactics adopted by these megacarriers, virtually irrespective of their own government’s regulatory stance. The economics of the sector, particularly with regard to revenue generation, has resulted in increased market concentration. In the longer term, prospects for competition remain unclear, given the likely existence of only a small number of similarly endowed, globally alligned megacarriers. This book explores the impact of deregulation policies on key areas of the airline industry, analyzes the response of incumbent carriers to economic freedom and examines whether or not it is possible to devise a pro-competitive regulatory strategy for this sector. The author provides the reader with a clear explanation as to: ¢ why airline deregulation policies have produced a number of unanticipated outcomes; ¢ why low-cost new entrants have been unable to survive under deregulation; ¢ why the impact of airline deregulation has differed between the USA and Western Europe. Using this analysis as a basis, he explores the future development of the sector, indicating the likely future trends towards globalization. He also argues that a competitive marketplace is not a guaranteed outcome of full deregulation and suggests an alternative approach. The book is of special interest to those members engaged in the airline industry, regulatory authorities and government departments of transport and industry. It wil
The Economic Effects Of Airline Deregulation
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Author : Steven Morrison
language : en
Publisher: Brookings Institution Press
Release Date : 2010-12-01
The Economic Effects Of Airline Deregulation written by Steven Morrison and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-01 with Business & Economics categories.
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.
Airline Mergers And Acquisitions
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Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Aviation
language : en
Publisher:
Release Date : 1986
Airline Mergers And Acquisitions written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Aviation and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Airlines categories.