Airline Deregulation

Kahn, A. E. Airline Deregulation.

Type

Web resource

Intellectual base

Web

Link

https://www.econlib.org/library/Enc/AirlineDeregulation.html

Cited from

systems_cybernetics

Cited by

1 citation across 1 artifact.

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Primes

• Adaptive Radiation
  • It is also the diversification following deregulation: airline carrier types after 1978, financial products after Big Bang.

    This sourceIn The Concise Encyclopedia of Economics, Library of Economics and Liberty. Documents the diversification of carrier types and business models (low-cost point-to-point, regional, full-service) following the 1978 US Airline Deregulation Act, which removed entry/route/fare controls and opened previously closed market opportunity.

    Supported in partVerified against the work's full text

    Source documents post-1978 emergence of distinct business models (hub-and-spoke legacy, point-to-point LCCs), supporting airline diversification only partly; nothing on financial products.

    “the LCCs—now 30 percent of the market—typically fly point to point”

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