The Effects of Deregulation on U.S. Air Networks:
1. 1 A Brief History of U. S. Commercial Aviation Regulation and Deregulation The U. S. commercial aviation industry was regulated by the government for a period of 40 years, beginning in 1938 with. the passing of the Federal Aviation Act, and ending in October 1978 when President Carter signed into...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Berlin, Heidelberg
Springer Berlin Heidelberg
1992
|
Ausgabe: | 1st ed. 1992 |
Schriftenreihe: | Advances in Spatial and Network Economics
|
Schlagworte: | |
Online-Zugang: | BTU01 Volltext |
Zusammenfassung: | 1. 1 A Brief History of U. S. Commercial Aviation Regulation and Deregulation The U. S. commercial aviation industry was regulated by the government for a period of 40 years, beginning in 1938 with. the passing of the Federal Aviation Act, and ending in October 1978 when President Carter signed into law the Airline Deregulation Act (ADA). There were 16 airlines in existence when the Federal Aviation Act was passed in 1938 (the so-called 'trunk lines'). The Act established the Civil Aeronautics Authority (CAA) as the industry's regulatory body. The Act was passed principally because it was felt that the free market, if allowed to continue unregulated for much longer, would put many of these firms into bankruptcy. It is possible therefore to view the CAA of 1938 (re-organized into the Civil Aeronautics Board (CAB) in 1940) as a response to a potential market failure at the time. In the 1930s, few air traffic markets could have efficiently"supported more than one airline operating in the market [Panzar (1980)]. Competition among the carriers was cut-throat, and it was felt that the near bankruptcy of the airlines in the period was caused principally by the competitive bidding system used by the Post Office in allotting airmail subsidies [Keeler (1972), Caves (1962)] |
Beschreibung: | 1 Online-Ressource (XIV, 131 p) |
ISBN: | 9783642770616 |
DOI: | 10.1007/978-3-642-77061-6 |
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edition | 1st ed. 1992 |
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spelling | Reynolds-Feighan, Aisling J. Verfasser aut The Effects of Deregulation on U.S. Air Networks by Aisling J. Reynolds-Feighan 1st ed. 1992 Berlin, Heidelberg Springer Berlin Heidelberg 1992 1 Online-Ressource (XIV, 131 p) txt rdacontent c rdamedia cr rdacarrier Advances in Spatial and Network Economics 1. 1 A Brief History of U. S. Commercial Aviation Regulation and Deregulation The U. S. commercial aviation industry was regulated by the government for a period of 40 years, beginning in 1938 with. the passing of the Federal Aviation Act, and ending in October 1978 when President Carter signed into law the Airline Deregulation Act (ADA). There were 16 airlines in existence when the Federal Aviation Act was passed in 1938 (the so-called 'trunk lines'). The Act established the Civil Aeronautics Authority (CAA) as the industry's regulatory body. The Act was passed principally because it was felt that the free market, if allowed to continue unregulated for much longer, would put many of these firms into bankruptcy. It is possible therefore to view the CAA of 1938 (re-organized into the Civil Aeronautics Board (CAB) in 1940) as a response to a potential market failure at the time. In the 1930s, few air traffic markets could have efficiently"supported more than one airline operating in the market [Panzar (1980)]. Competition among the carriers was cut-throat, and it was felt that the near bankruptcy of the airlines in the period was caused principally by the competitive bidding system used by the Post Office in allotting airmail subsidies [Keeler (1972), Caves (1962)] R & D/Technology Policy Regional/Spatial Science Statistics for Business, Management, Economics, Finance, Insurance Geography, general Economic policy Regional economics Spatial economics Statistics Geography Linienluftverkehr (DE-588)4168271-3 gnd rswk-swf Deregulierung (DE-588)4201191-7 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Linienluftverkehr (DE-588)4168271-3 s Deregulierung (DE-588)4201191-7 s DE-604 Erscheint auch als Druck-Ausgabe 9783642770630 Erscheint auch als Druck-Ausgabe 9783540547587 Erscheint auch als Druck-Ausgabe 9783642770623 https://doi.org/10.1007/978-3-642-77061-6 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Reynolds-Feighan, Aisling J. The Effects of Deregulation on U.S. Air Networks R & D/Technology Policy Regional/Spatial Science Statistics for Business, Management, Economics, Finance, Insurance Geography, general Economic policy Regional economics Spatial economics Statistics Geography Linienluftverkehr (DE-588)4168271-3 gnd Deregulierung (DE-588)4201191-7 gnd |
subject_GND | (DE-588)4168271-3 (DE-588)4201191-7 (DE-588)4078704-7 |
title | The Effects of Deregulation on U.S. Air Networks |
title_auth | The Effects of Deregulation on U.S. Air Networks |
title_exact_search | The Effects of Deregulation on U.S. Air Networks |
title_exact_search_txtP | The Effects of Deregulation on U.S. Air Networks |
title_full | The Effects of Deregulation on U.S. Air Networks by Aisling J. Reynolds-Feighan |
title_fullStr | The Effects of Deregulation on U.S. Air Networks by Aisling J. Reynolds-Feighan |
title_full_unstemmed | The Effects of Deregulation on U.S. Air Networks by Aisling J. Reynolds-Feighan |
title_short | The Effects of Deregulation on U.S. Air Networks |
title_sort | the effects of deregulation on u s air networks |
topic | R & D/Technology Policy Regional/Spatial Science Statistics for Business, Management, Economics, Finance, Insurance Geography, general Economic policy Regional economics Spatial economics Statistics Geography Linienluftverkehr (DE-588)4168271-3 gnd Deregulierung (DE-588)4201191-7 gnd |
topic_facet | R & D/Technology Policy Regional/Spatial Science Statistics for Business, Management, Economics, Finance, Insurance Geography, general Economic policy Regional economics Spatial economics Statistics Geography Linienluftverkehr Deregulierung USA |
url | https://doi.org/10.1007/978-3-642-77061-6 |
work_keys_str_mv | AT reynoldsfeighanaislingj theeffectsofderegulationonusairnetworks |