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Research topics on the deregulation of the airline industry
Competitive strategies used by American airlines
Airline deregulation outline
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1. Based on publicly available data the four mega-carriers have, information is 2018 or most currently available: Delta and Northwest United and Continental Southwest and Airtran American and US Airways Number of aircrafts by type N/A N/A N/A N/A Number of employees N/A N/A N/A N/A Departures 918k 583k 1,315k 887k Revenue passengers 120,778k 80,622k 154,428k 116,652k Revenue passenger miles 115,181m 102,272m 124,979m 125,635m Available seat miles 132,763m 119,291m 148,483m 147,738m Operating revenue (total) (millions) 40,687 37,350 20,973 41,384 Operating revenue per seat mile (cents) 17.94 16.09 13.69 17.07 Operating profit (millions) 5,981 3,777 3,588 4,147 2. Knowing the intent of the Airline Deregulation Act of 1978, the number of passenger
The Telecommunications Act of 1996 can be termed as a major overhaul of the communications law in the past sixty-two years. The main aim of this Act is to enable any communications firm to enter the market and compete against one another based on fair and just practices (“The Telecommunications Act 1996,” The Federal Communications Commission). This Act has the potential to radically change the lives of the people in a number of different ways. For instance it has affected the telephone services both local and long distance, cable programming and other video services, broadcast services and services provided to schools. The Federal Communications Commission has actively endorsed this Act and has worked towards the enforcement and implementation of the various clauses listed in the document. The Act was basically brought into existence in order to promote competition and reduce regulation so that lower prices and higher quality services for the Americans consumers may be secured.
whether or not that city had enough gates for the new carrier, and whether the
Imagine if nobody had a cellphone in today’s world. That’s why today everybody has some form of a cellphone contract with the four major companies (AT&T, Sprint, Verizon or T-Mobile) or a less know cellphone provider. AT&T and Verizon Wireless provide more than the other two major companies.
In 1906, the Pure Food and Drug Act, that was years in the making was finally passed under President Roosevelt. This law reflected a sea change in medicine-- an unprecedented wave of regulations. No longer could drug companies have a secret formula and hide potentially toxic substances such as heroin under their patent. The law required drug companies to specify the ingredients of medications on the label. It also regulated the purity and dosage of substances. Not by mere coincidence was the law passed only about five years after Bayer, a German based drug company began selling the morphine derivative, heroin. Thought to be a safe, non-habit forming alternative to morphine, heroin quickly became the “cure-all drug” that was used to treat anything from coughs to restlessness. Yet, just as quickly as it became a household staple, many began to question the innocence of the substance. While the 1906 law had inherent weaknesses, it signaled the beginning of the end for “cure-all” drugs, such as opiate-filled “soothing syrups” that were used for infants. By tracing and evaluating various reports by doctors and investigative journalists on the medical use of heroin, it is clear that the desire for this legislative measure developed from an offshoot in the medical community-- a transformation that took doctors out from behind the curtain, and brought the public into a new era of awareness.
AT&T 27.1%, Verizon 26.3%, Sprint-Nextel 23.6%, Other 11.9%, T-mobile 11.1%. Source Forrester Research December 2007.
On October 24, 1978, President Carter signed into law the Airline Deregulation Act. The purpose of the law was to effectively get the federal government out of the airline business. By allowing the airlines to compete for their customers' travel dollars, was the thinking, that fares would drop and an increased number of routes would spring up.
Before we discuss government intervention and its affect on an industry’s competition we must first seek to understand the five forces framework. The theory, discussed in 1979 by Micheal Porter seeks to evaluate the attractiveness of an industry. Throughout this essay I will explore the theory and then relate government action and its well-documented affects on the airline industry.
Verizon Communications was created on June 30th, 2000 by Bell Atlantic Corporation and GTE Corporation in one of the largest mergers in U.S. business history. Now, Verizon is a global technology company that is delivering digital technology to millions of customers daily worldwide. The "Verizon" brand was launched on April 3rd, 2000 and operations as Verizon Wireless started on April 4th. In 2003, Verizon began trading on the New York Stock Exchange and trading on NASDAQ on March 10, 2010. In 2004, Verizon Communications was added to the Dow Jones Industrial Average. Verizon has shown growth through acquisitions. The larger acquisitions were MCI Inc. in 2006, Alltel Corp. in 2009 and AOL Inc, in 2015 and these have made Verizon a leader in wireless technologies.
The FAA is a government agency who provides our country with the safest aerospace system in the world today. The FAA was not easily created though it was formed over many years and through the passage of many different bills and acts. The FAA started to take shape in the early 1900's. When the commercial aviation industry was first getting its start many leaders believed that without proper regulation and safety rules, that were set by the federal government, the aviation industry would not succeed. So to achieve their goal Congress passed the Air Commerce Act of 1926. This act made the Secretary of Commerce responsible for making aviation rules, regulations and certifying pilots and aircrafts. It also created an Aeronautics Branch in the Department of Commerce, which oversaw everything about aviation. This Branch of the Government was headed by William MacCracken, and it was the first predecessor to the FAA.
Topic A (oligopoly) - "The ' An oligopoly is defined as "a market structure in which only a few sellers offer similar or identical products" (Gans, King and Mankiw 1999, pp.-334). Since there are only a few sellers, the actions of any one firm in an oligopolistic market can have a large impact on the profits of all the other firms. Due to this, all the firms in an oligopolistic market are interdependent on one another. This relationship between the few sellers is what differentiates oligopolies from perfect competition and monopolies.
Shortly after World War I, the U.S. Government discovered the abilities of the modern airplane and created the idea of utilizing aircraft to transport mail across the country. In 1917, Congress approved funding to experiment with the idea of delivering mail by air. By 1920, the Post Office was delivering mail across the entire country, eliminating over 22 hours in delivery times of a coast-to-coast route. With the success of the airmail service and the growing popularity of civil aviation, the U.S. Government recognized the need to develop set standards for civil aviation and in 1926 created the Air Commerce Act of 1926. The Air Commerce Act of 1926 called for the government to regulate air routes, navigation systems, pilot and aircraft licensing and investigation of accidents. The act also controlled how airlines were compensated for mail delivery. Later in 1930, Postmaster General Walter Brown made recommendations which were later known as the Watres Act which consolidated airmail routes and opened the door for longer-term contracts with the airlines. Brown handled the situation regarding new contracts poorly by only inviting a hand selected list of large airlines to the negotiation table. This move pushed smaller airlines to complain and the issue was pushed to Congress. Following congressional hearings President Roosevelt later decided Brown’s scandal was too much to deal with and canceled all mail contracts completely and handed over air mail delivery responsibility to the U.S. Army. That decision was a disaster, and one month later, air mail was handed back over to the private sector. This time, however contract bidding was more structured and fair to all. It was then clear that the airline industry was back in full swing...
Figure 1: Vodafone’s market share compared to other leading brands. (Ofcom quarterly figures. Q3 2009)
In conclusion, current trends and significant events concerning T-Mobile were examined. A hard look was given to the economy, demographics, technology, political and legal issues, and social characteristics. T-Mobile is strong across the board, with surprising statistics backing up a variety of topics. The economy is strong, the demographics are not far-fetched, technology is improving, there’s no huge political or legal scandal, and T-Mobile is socially strong.
On September 28.2003, is the official opening for business of EASA after the European Parliament and the Council of the European Union (E.U.) has adopted a new regulation that has been established as standard rules for the civil aviation of European Union.
Vodafone is the world's largest mobile telecommunications community, employing over 65,000 staff and with over 130 million customers. The business operates in 26 countries worldwide. Vodafone is a public limited company with listings on the London and New York stock exchanges.