Deregulation of the U.S. Airline Industry
GPTKB entity
Statements (35)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:historical_event
|
| gptkbp:abolished |
gptkb:Civil_Aeronautics_Board
|
| gptkbp:alsoKnownAs |
Airline Deregulation
|
| gptkbp:country |
gptkb:United_States
|
| gptkbp:effect |
removal of government control over fares, routes, and market entry
|
| https://www.w3.org/2000/01/rdf-schema#label |
Deregulation of the U.S. Airline Industry
|
| gptkbp:impact |
frequent flyer programs introduced
greater route flexibility for airlines increased airline mergers increased number of flights increased volatility in airline employment service to smaller cities decreased |
| gptkbp:influencedBy |
gptkb:Alfred_E._Kahn
economic theory of deregulation |
| gptkbp:legacy |
modern U.S. airline industry structure
|
| gptkbp:legislature |
gptkb:Airline_Deregulation_Act
|
| gptkbp:opposedBy |
some labor unions
some established airlines |
| gptkbp:previouslyRegulatedBy |
gptkb:Civil_Aeronautics_Board
|
| gptkbp:relatedTo |
gptkb:Staggers_Rail_Act
Motor Carrier Act of 1980 U.S. transportation deregulation |
| gptkbp:resultedIn |
increased competition
industry consolidation lower airfares airline bankruptcies emergence of low-cost carriers hub-and-spoke system |
| gptkbp:signedBy |
gptkb:President_Jimmy_Carter
October 24, 1978 |
| gptkbp:supportedBy |
gptkb:economist
consumer advocates |
| gptkbp:year |
1978
|
| gptkbp:bfsParent |
gptkb:Clifford_Winston
|
| gptkbp:bfsLayer |
6
|