The Impact of the Airline Deregulation Process on Air-travel Safety
Author | : Richard B. McKenzie |
Publisher | : |
Total Pages | : 50 |
Release | : 1991 |
Genre | : Aeronautics |
ISBN | : |
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Author | : Richard B. McKenzie |
Publisher | : |
Total Pages | : 50 |
Release | : 1991 |
Genre | : Aeronautics |
ISBN | : |
Author | : Peter Belobaba |
Publisher | : John Wiley & Sons |
Total Pages | : 536 |
Release | : 2015-07-06 |
Genre | : Technology & Engineering |
ISBN | : 1118881141 |
Extensively revised and updated edition of the bestselling textbook, provides an overview of recent global airline industry evolution and future challenges Examines the perspectives of the many stakeholders in the global airline industry, including airlines, airports, air traffic services, governments, labor unions, in addition to passengers Describes how these different players have contributed to the evolution of competition in the global airline industry, and the implications for its future evolution Includes many facets of the airline industry not covered elsewhere in any single book, for example, safety and security, labor relations and environmental impacts of aviation Highlights recent developments such as changing airline business models, growth of emerging airlines, plans for modernizing air traffic management, and opportunities offered by new information technologies for ticket distribution Provides detailed data on airline performance and economics updated through 2013
Author | : Steven Morrison |
Publisher | : Brookings Institution Press |
Total Pages | : 188 |
Release | : 2010-12-01 |
Genre | : Business & Economics |
ISBN | : 9780815721208 |
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
Author | : John J. Nance |
Publisher | : Quill |
Total Pages | : 424 |
Release | : 1987-02 |
Genre | : Health & Fitness |
ISBN | : 9780688069674 |
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.
Author | : Professor Rigas Doganis |
Publisher | : Routledge |
Total Pages | : 245 |
Release | : 2005-08-18 |
Genre | : Business & Economics |
ISBN | : 1134892829 |
Placing the airport business within a conceptual framework, the author examines the major global issues that confront it and offers solutions to the economic and financial difficulties likely to arise in the future.
Author | : Nancy L. Rose |
Publisher | : University of Chicago Press |
Total Pages | : 619 |
Release | : 2014-08-29 |
Genre | : Business & Economics |
ISBN | : 022613816X |
The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.
Author | : Richard B. McKenzie |
Publisher | : |
Total Pages | : 86 |
Release | : 1991 |
Genre | : Aeronautics |
ISBN | : |
"July 1991." Includes bibliographical references (p. 59-75)
Author | : Alessandro Cento |
Publisher | : Springer Science & Business Media |
Total Pages | : 189 |
Release | : 2008-10-15 |
Genre | : Business & Economics |
ISBN | : 3790820881 |
The debate on the future of the aviation sector and the viability of its traditional business practices is the core of this book. The liberalization of the EU market in the 1990s has radically modi?ed the competitive environment and the nature of airline competition. Furthermore, the new millennium began with terrorist attacks, epidemics, trade globalization, and the rise of oil prices, all of which combined to push the industry into a “perfect storm”. Airline industry pro?tability has been an elusive goal for several decades and the recent events has only accentuated existing weaknesses. The main concern of ind- try observers is whether the airline business model, successful during the 1980s and 1990s, is now sustainable in a market crowded by low-cost carriers. The airlines that will respond rapidly and determinedly to increase pressure to restructure, conso- date and segment the industry will achieve competitive advantages. In this context, the present study aims to model the new conduct of the ‘legacy’ carriers in a new liberalized European market in terms of network and pricing competition with l- cost carriers and competitive reaction to the global economic crises.
Author | : George E. Hopkins |
Publisher | : Nicholson |
Total Pages | : 360 |
Release | : 1996 |
Genre | : Air pilots |
ISBN | : 9780960970810 |
Author | : Sam Peltzman |
Publisher | : Rowman & Littlefield |
Total Pages | : 228 |
Release | : 2011-04-01 |
Genre | : Business & Economics |
ISBN | : 9780815713418 |
Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, each industry faces the same critical public policy question: Are policymakers taking appropriate steps to stimulate competition or are they turning back the clock by slowing the process of deregulation? This volume addresses that issue and identifies the next steps that policymakers should take to enhance public welfare in the provision of these services. Each chapter identifies the central policy issues that have arisen in each industry as it undergoes transformation to a deregulated environment. The authors reveal the flaws in the residual regulations and make the case for faster and more comprehensive deregulation. A concluding chapter identifies how interest groups continue to exert influence on regulatory agencies and on Congress, potentially undermining deregulation. The papers included here were initially presented in December 1999 at a conference sponsored and organized by the AEI–Brookings Joint Center for Regulatory Studies.