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Deregulation Of The Airline Industry
Part 1 of Paper
....he result has been a number of new carriers which
specialize in regional service and no-frills operations. These carriers
typically purchase older aircraft and often operate outside the industry-wide
computerized reservations system. In exchange for these inconveniences,
passengers receive low fares relative to the i.... Part 2 of Paper
....ly able to
compete in an environment that resembled a free market. Rate schedules were
lifted, price fixing was eliminated and route management was removed. The main
factors that affected whether an airline could serve a particular city was
whether or not that city had enough gates for the new carrier, and whether the
carrier was able to afford to purchase them. Companies such as Southwest
recognized potential for low fares, and began building a niche for themselves by
offering low fares with.... |
| Number of words: 1619 - Approximate pages: 6 |
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