chapter  8
27 Pages

Deregulation of Air Transportation—Getting from Here to There

WithALFRED E. KAHN

CAB regulation of the airline industry. Suggested methods of transition to deregulation and increased competition. Free market entry. Price regulation: discount fares and the adjust­ ment of airline revenues. The elasticity of industry demands. Scheduled v. standby service. Price discriminatory practicesdiscount and standby rates.