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The Economic Effects of Airline Deregulation

The Economic Effects of Airline Deregulation PDF Author: Steven Morrison
Publisher: Brookings Institution Press
ISBN: 9780815708063
Category : Business & Economics
Languages : en
Pages : 100

Book Description
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.

The Economic Effects of Airline Deregulation

The Economic Effects of Airline Deregulation PDF Author: Steven Morrison
Publisher: Brookings Institution Press
ISBN: 9780815708063
Category : Business & Economics
Languages : en
Pages : 100

Book Description
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.

Why Airplanes Crash

Why Airplanes Crash PDF Author: Clinton V. Oster Jr.
Publisher: Oxford University Press
ISBN: 0195361083
Category : Business & Economics
Languages : en
Pages : 217

Book Description
This work examines the causes of airplane accidents and what private and public policies are needed to improve aviation safety. It begins by examining the safety record of the United States commuter airline industry in the post-deregulation era characterized by increased emphasis by airlines on cost control and growing pressures on the air traffic control and airport system. The authors go beyond the safety of the scheduled airlines to examine the reasons for accidents in the nonscheduled and general aviation segments of the United States industry, where the bulk of fatalities occur and where airline pilots increasingly receive most of their training and experience. They then turn to an examination of aviation safety throughout the world, first with a detailed comparison of Canadian and American aviation safety, and then with a look at air safety in all regions of the world and the safety performances of all the world's major airlines. Three emerging issues are then examined in greater detail: assessing the margin of safety, worldwide aging of all airline fleets, and terrorism.

The Evolution of the Airline Industry

The Evolution of the Airline Industry PDF Author: Steven Morrison
Publisher: Brookings Institution Press
ISBN: 9780815721208
Category : Business & Economics
Languages : en
Pages : 188

Book Description
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

Airline deregulation and aviation safety

Airline deregulation and aviation safety PDF Author: United States. Congress. House. Committee on Government Operations. Government Activities and Transportation Subcommittee
Publisher:
ISBN:
Category : Aeronautics
Languages : en
Pages : 748

Book Description


Blind Trust

Blind Trust PDF Author: John J. Nance
Publisher: Quill
ISBN: 9780688069674
Category : Health & Fitness
Languages : en
Pages : 424

Book Description
The author of A Splash of Colors offers dozens of valid and intelligent solutions to the worsening problem of safety risks in the commercial airline industry. 8 pages of black-and-white photographs.

Flying the Line

Flying the Line PDF Author: George E. Hopkins
Publisher: Nicholson
ISBN: 9780960970810
Category : Air pilots
Languages : en
Pages : 360

Book Description


Commercial Aviation Safety, Sixth Edition

Commercial Aviation Safety, Sixth Edition PDF Author: Stephen K. Cusick
Publisher: McGraw Hill Professional
ISBN: 125964183X
Category : Transportation
Languages : en
Pages : 561

Book Description
Up-To-Date Coverage of Every Aspect of Commercial Aviation Safety Completely revised edition to fully align with current U.S. and international regulations, this hands-on resource clearly explains the principles and practices of commercial aviation safety—from accident investigations to Safety Management Systems. Commercial Aviation Safety, Sixth Edition, delivers authoritative information on today's risk management on the ground and in the air. The book offers the latest procedures, flight technologies, and accident statistics. You will learn about new and evolving challenges, such as lasers, drones (unmanned aerial vehicles), cyberattacks, aircraft icing, and software bugs. Chapter outlines, review questions, and real-world incident examples are featured throughout. Coverage includes: • ICAO, FAA, EPA, TSA, and OSHA regulations • NTSB and ICAO accident investigation processes • Recording and reporting of safety data • U.S. and international aviation accident statistics • Accident causation models • The Human Factors Analysis and Classification System (HFACS) • Crew Resource Management (CRM) and Threat and Error Management (TEM) • Aviation Safety Reporting System (ASRS) and Flight Data Monitoring (FDM) • Aircraft and air traffic control technologies and safety systems • Airport safety, including runway incursions • Aviation security, including the threats of intentional harm and terrorism • International and U.S. Aviation Safety Management Systems

Air Transport Liberalization

Air Transport Liberalization PDF Author: Matthias Finger
Publisher: Edward Elgar Publishing
ISBN: 1786431866
Category : Business & Economics
Languages : en
Pages : 401

Book Description
This groundbreaking book offers a critical and wide-ranging assessment of the global air transport liberalization process over the past 40 years. This compilation of world experts on air transport economics, policy, and regulation is timely and significant, considering that air transport is currently facing a series of new challenges due to technological changes, the emergence of new markets, and increased security concerns.

Air Safety Investigators

Air Safety Investigators PDF Author: Alan E. Diehl, PhD
Publisher: Xlibris Corporation
ISBN: 1479728950
Category : Transportation
Languages : en
Pages : 378

Book Description
This fascinating story explains how aviation crashes are investigated, and what goes on behind the scenes to improve safety. It is also the untold saga of how one maverick scientist battled the bureaucracy to save lives. Federal officials hired him to prevent an anticipated bloodbath from airline deregulation. He soon introduced innovations, such as Crew Resource Management training, which dramatically reduced airline accidents. However, when he dared expose lies to Congress, officials used the sky marshals to harass him. They then ignored his other programs, which contributed to countless unnecessary deaths -- including JFK Junior's. Becoming a military safety guru, his important tasks included training Air Force One crews, and going undercover to discover why a mysterious Soviet airliner crash killed an African president. But he was fired for blowing the whistle on the Pentagon cover-up of the worst fratricide since Vietnam. Congress and other important organizations have often sought his advice on civil and military aviation problems.

Takeoffs are Optional, Landings are Mandatory

Takeoffs are Optional, Landings are Mandatory PDF Author: Penelope Grenoble O'Malley
Publisher: Wiley-Blackwell
ISBN:
Category : Self-Help
Languages : en
Pages : 264

Book Description
A look at commercial aviation from the pilots' perspective examines the impact of deregulation on the aviation industry.