Deregulation Act Of 1978

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The Airline Deregulation Act of 1978 The Airline Deregulation Act of 1978 is a public law 95-504 95th Congress. https://www.gpo.gov/fdsys/pkg/STATUTE-92/pdf/STATUTE-92-Pg1705.pdf was introduced by the Senator Howard Cannon of Nevada on February 6, 1978 and was passed and signed by President Jimmy Carter on October 24, 1978, http://avstop.com/History/needregulations/act1978.htm. This is the United States federal law and the main purpose was to remove government control over air fares, routes and market entry of new airlines from commercial aviation. The civil Aeronautics Board’s powers of regulation were being phased out which eventually allowed passengers to be exposed to the market forces in the airline industry. But this Act did not affect …show more content…

http://www.avjobs.com/history/airline-deregulation.asp The Effects of This Act Airline carriers were provided with new freedoms to expand their route systems and the flexibility to develop some pricing structures and allowed the airline to expand growth into the new markets. http://avstop.com/History/historyofairlines/franklorenzo.html • the maintenance of safety as the highest priority in air commerce; • placing maximum reliance on competition in providing air transportation …show more content…

The move was on by many airlines to become giants in the industry. Either be taken over or take over other air carriers. Unions were being busted to cut personnel payrolls to increase profits. Non-union carriers like people express triggered airfare wars which cost the airline industry close to 100 million

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