•  
  •  
 

Volume

22

Issue

2

Publisher

Embry-Riddle Aeronautical University

Abstract

In some ways the discussion over whether an industry should be re-regulated is an academic discussion. With over 30 years of operating as a deregulated aviation industry, it would be a herculean task to change directions and re-regulate an industry without a significant industrial event or obvious disadvantageous economic trend which with to react. Not to mention, the political will and functions would have to be present, as well as the supporting government resources available in the budget, which just is not the case at this time. In short, the airplane hangar is open and the planes have taken off; re-regulation is not only a figment of someone’s imagination or dream, but also an unwise economic direction for the industry. For this paper’s purpose, regulation is defined as the directing of consumer pricing, route systems, entry into a market by a producer, mergers between producers, and subsidies for service. Aviation safety, licensing, equipment policies and air space regulation are not deregulated and not in the scope of this discussion. In fact, most of the discussion of re-regulating the aviation industry focuses on airfares and route competition.

First Page

9

Last Page

12

Share

COinS
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.