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Airline Deregulation Act

Index Airline Deregulation Act

The Airline Deregulation Act is a 1978 United States federal law that deregulated the airline industry in the United States, removing U.S. federal government control over such areas as fares, routes and market entry of new airlines, introducing a free market in the commercial airline industry and leading to a great increase in the number of flights, a decrease in fares, and an increase in the number of passengers and miles flown. [1]

74 relations: Air charter, Airline, Airline deregulation, Alfred E. Kahn, Amtrak, Aviation, Aviation safety, Bankruptcy, Braniff International Airways, Civil Aeronautics Board, Competition law, Conrail, Continental Airlines, Cornell University, Council of Economic Advisers, Democratic Party (United States), Denver, Deregulation, Eastern Air Lines, Economics, Essential Air Service, FAA airport categories, Federal Aviation Act of 1958, Federal Aviation Administration, Federal government of the United States, Federal preemption, Free market, Gerald Ford, Government Accountability Office, Holland & Knight, Howard Cannon, Inflation, International Bar Association, Intrastate airline, Jimmy Carter, Law of the United States, Los Angeles, Low-cost carrier, Midway Airlines (1976–1991), Montreal Convention, Nevada, New York City, Northwest Airlines, Pan American World Airways, Penn Central Transportation Company, Price fixing, Profit (accounting), Public utility, Rail transportation in the United States, Regional airline, ..., Richard Nixon, San Diego, Southwest Airlines, Spoke–hub distribution paradigm, Stagflation, Stephen Breyer, Supreme Court of the United States, Ted Kennedy, Trade union, Trans World Airlines, Trucking industry in the United States, United States Congress, United States courts of appeals, United States Department of Justice, United States Department of Justice Antitrust Division, United States Department of Transportation, United States House Committee on Transportation and Infrastructure, United States Secretary of Transportation, United States Senate Commerce Subcommittee on Aviation Operations, Safety, and Security, United States Senate Committee on Commerce, Science, and Transportation, United States Senate Committee on the Judiciary, Wide-body aircraft, World Airways, 1973 oil crisis. Expand index (24 more) »

Air charter

Air charter is the business of renting an entire aircraft (i.e., chartering) as opposed to individual aircraft seats (i.e., purchasing a ticket through a traditional airline).

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Airline

An airline is a company that provides air transport services for traveling passengers and freight.

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Airline deregulation

Airline deregulation is the process of removing government-imposed entry and price restrictions on airlines affecting, in particular, the carriers permitted to serve specific routes.

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Alfred E. Kahn

Alfred Edward Kahn (October 17, 1917 – December 27, 2010) was an American professor, an expert in regulation and deregulation, and an important influence in the deregulation of the airline and energy industries.

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Amtrak

The National Railroad Passenger Corporation, doing business as Amtrak, is a passenger railroad service that provides medium- and long-distance intercity service in the contiguous United States and to three Canadian cities.

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Aviation

Aviation, or air transport, refers to the activities surrounding mechanical flight and the aircraft industry.

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Aviation safety

Aviation safety means the state of an aviation system or organization in which risks associated with aviation activities, related to, or in direct support of the operation of aircraft, are reduced and controlled to an acceptable level.

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Bankruptcy

Bankruptcy is a legal status of a person or other entity that cannot repay debts to creditors.

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Braniff International Airways

Braniff Airways, Inc., doing business as Braniff International Airways, from 1948 until 1965, and then Braniff International from 1965 until 1983, was an American airline that operated from 1928 until 1982.

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Civil Aeronautics Board

The Civil Aeronautics Board (CAB) was an agency of the federal government of the United States that regulated aviation services, including scheduled passenger airline service, and provided air accident investigation.

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Competition law

Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.

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Conrail

Conrail, the Consolidated Rail Corporation,, was the primary Class I railroad in the Northeastern United States between 1976 and 1999, when its routes were split between the CSX Corporation and Norfolk Southern Railway.

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Continental Airlines

Continental Airlines was a major United States airline founded in 1934 and eventually headquartered in Houston, Texas.

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Cornell University

Cornell University is a private and statutory Ivy League research university located in Ithaca, New York.

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Council of Economic Advisers

The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946, which advises the President of the United States on economic policy.

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Democratic Party (United States)

The Democratic Party is one of the two major contemporary political parties in the United States, along with the Republican Party (nicknamed the GOP for Grand Old Party).

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Denver

Denver, officially the City and County of Denver, is the capital and most populous municipality of the U.S. state of Colorado.

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Deregulation

Deregulation is the process of removing or reducing state regulations, typically in the economic sphere.

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Eastern Air Lines

Eastern Air Lines was a major American airline from 1926 to 1991.

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Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Essential Air Service

Essential Air Service (EAS) is a U.S. government program enacted to guarantee that small communities in the United States, which, before deregulation, were served by certificated airlines, maintained commercial service.

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FAA airport categories

The United States Federal Aviation Administration (FAA) has a system for categorizing public-use airports (along with heliports and other aviation bases) that is primarily based on the level of commercial passenger traffic through each facility.

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Federal Aviation Act of 1958

The Federal Aviation Act of 1958 was an act of the United States Congress, (signed by President Dwight D. Eisenhower), that created the Federal Aviation Agency (later the Federal Aviation Administration or the FAA) and abolished its predecessor, the Civil Aeronautics Administration (CAA).

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Federal Aviation Administration

The Federal Aviation Administration (FAA) of the United States is a national authority with powers to regulate all aspects of civil aviation.

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Federal government of the United States

The federal government of the United States (U.S. federal government) is the national government of the United States, a constitutional republic in North America, composed of 50 states, one district, Washington, D.C. (the nation's capital), and several territories.

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Federal preemption

In the law of the United States, federal preemption is the invalidation of a U.S. state law that conflicts with federal law.

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Free market

In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.

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Gerald Ford

Gerald Rudolph Ford Jr. (born Leslie Lynch King Jr; July 14, 1913 – December 26, 2006) was an American politician who served as the 38th President of the United States from August 1974 to January 1977.

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Government Accountability Office

The Government Accountability Office (GAO) is a legislative branch government agency that provides auditing, evaluation, and investigative services for the United States Congress.

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Holland & Knight

Holland & Knight LLP is an international law firm with more than 1,200 lawyers and other professionals in 27 offices throughout the world.

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Howard Cannon

Howard Walter Cannon (January 26, 1912 – March 5, 2002) was an American politician.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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International Bar Association

The International Bar Association (IBA), founded in 1947, is a bar association of international legal practitioners, bar associations and law societies.

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Intrastate airline

Intrastate airlines in the U.S. are defined as air carriers operating inside of one individual state and thus not flying across state lines.

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Jimmy Carter

James Earl Carter Jr. (born October 1, 1924) is an American politician who served as the 39th President of the United States from 1977 to 1981.

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Law of the United States

The law of the United States comprises many levels of codified and uncodified forms of law, of which the most important is the United States Constitution, the foundation of the federal government of the United States.

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Los Angeles

Los Angeles (Spanish for "The Angels";; officially: the City of Los Angeles; colloquially: by its initials L.A.) is the second-most populous city in the United States, after New York City.

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Low-cost carrier

A low-cost carrier or low-cost airline (also known as ''no-frills'', ''discount'' or budget carrier or airline, or LCC) is an airline without most of the traditional services provided in the fare, resulting in lower fares and fewer comforts.

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Midway Airlines (1976–1991)

Midway Airlines was a United States airline founded on August 6, 1976, by investor Kenneth T. Carlson and joined by Irving T. Tague and William B. Owens in an October 13, 1976, filing with the Civil Aeronautics Board (CA) for an airline operating certificate.

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Montreal Convention

The Montreal Convention (formally, the Convention for the Unification of Certain Rules for International Carriage by Air) is a multilateral treaty adopted by a diplomatic meeting of ICAO member states in 1999.

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Nevada

Nevada (see pronunciations) is a state in the Western, Mountain West, and Southwestern regions of the United States of America.

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New York City

The City of New York, often called New York City (NYC) or simply New York, is the most populous city in the United States.

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Northwest Airlines

Northwest Airlines Corp. (often abbreviated as NWA and stylized as nwa) was a major United States airline founded in 1926 and absorbed into Delta Air Lines, Inc. by a merger.

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Pan American World Airways

Pan American World Airways, originally founded as Pan American Airways and commonly known as Pan Am, was the principal and largest international air carrier in the United States from 1927 until its collapse on December 4, 1991.

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Penn Central Transportation Company

The Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American Class I railroad headquartered in Philadelphia, Pennsylvania, that operated from 1968 until 1976.

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Price fixing

Price fixing is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand.

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Profit (accounting)

Profit, in accounting, is an income distributed to the owner in a profitable market production process (business).

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Public utility

A public utility (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure).

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Rail transportation in the United States

Rail transportation in the United States consists primarily of freight shipments, while passenger service, once a large and vital part of the nation's passenger transportation network, plays a limited role as compared to transportation patterns in many other countries.

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Regional airline

Regional airlines are airlines that operate regional aircraft to provide passenger air service to communities without sufficient demand to attract mainline service.

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Richard Nixon

Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was an American politician who served as the 37th President of the United States, serving from 1969 until 1974, when he resigned from office, the only U.S. president to do so.

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San Diego

San Diego (Spanish for 'Saint Didacus') is a major city in California, United States.

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Southwest Airlines

Southwest Airlines Co. is a major United States airline headquartered in Dallas, Texas, and the world’s largest low-cost carrier.

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Spoke–hub distribution paradigm

The spoke-hub distribution paradigm is a form of transport topology optimization in which traffic routes are organized as a series of 'spokes' that connect outlying points to a central 'hub.' Simple forms of this distribution/connection model may be contrasted with point-to-point transit systems in which each point has a direct route to every other point, and which was the principal method of transporting passengers and freight until the 1970s.

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Stagflation

In economics, stagflation, a portmanteau of stagnation and inflation, is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.

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Stephen Breyer

Stephen Gerald Breyer (born August 15, 1938) is an American lawyer, professor, and jurist who serves as an Associate Justice of the Supreme Court of the United States.

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Supreme Court of the United States

The Supreme Court of the United States (sometimes colloquially referred to by the acronym SCOTUS) is the highest federal court of the United States.

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Ted Kennedy

Edward Moore "Ted" Kennedy (February 22, 1932 – August 25, 2009) was an American politician who served in the United States Senate from Massachusetts for almost 47 years, from 1962 until his death in 2009.

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Trade union

A trade union or trades union, also called a labour union (Canada) or labor union (US), is an organization of workers who have come together to achieve many common goals; such as protecting the integrity of its trade, improving safety standards, and attaining better wages, benefits (such as vacation, health care, and retirement), and working conditions through the increased bargaining power wielded by the creation of a monopoly of the workers.

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Trans World Airlines

Trans World Airlines (TWA) was a major American airline from 1924 until 2001.

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Trucking industry in the United States

The trucking industry serves the American economy by transporting large quantities of raw materials, works in process, and finished goods over land—typically from manufacturing plants to retail distribution centers.

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United States Congress

The United States Congress is the bicameral legislature of the Federal government of the United States.

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United States courts of appeals

The United States courts of appeals or circuit courts are the intermediate appellate courts of the United States federal court system.

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United States Department of Justice

The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the U.S. government, responsible for the enforcement of the law and administration of justice in the United States, equivalent to the justice or interior ministries of other countries. The department was formed in 1870 during the Ulysses S. Grant administration. The Department of Justice administers several federal law enforcement agencies including the Federal Bureau of Investigation (FBI), and the Drug Enforcement Administration (DEA). The department is responsible for investigating instances of financial fraud, representing the United States government in legal matters (such as in cases before the Supreme Court), and running the federal prison system. The department is also responsible for reviewing the conduct of local law enforcement as directed by the Violent Crime Control and Law Enforcement Act of 1994. The department is headed by the United States Attorney General, who is nominated by the President and confirmed by the Senate and is a member of the Cabinet. The current Attorney General is Jeff Sessions.

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United States Department of Justice Antitrust Division

The United States Department of Justice Antitrust Division is a law enforcement agency responsible for enforcing the antitrust laws of the United States.

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United States Department of Transportation

The United States Department of Transportation (USDOT or DOT) is a federal Cabinet department of the U.S. government concerned with transportation.

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United States House Committee on Transportation and Infrastructure

The U.S. House Committee on Transportation and Infrastructure is a standing committee of the United States House of Representatives.

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United States Secretary of Transportation

The United States Secretary of Transportation is the head of the United States Department of Transportation, a member of the President's Cabinet, and fourteenth in the Presidential Line of Succession.

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United States Senate Commerce Subcommittee on Aviation Operations, Safety, and Security

The Senate Commerce Subcommittee on Aviation Operations, Safety, and Security is one of the seven subcommittees within the Senate Committee on Commerce, Science and Transportation.

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United States Senate Committee on Commerce, Science, and Transportation

The United States Senate Committee on Commerce, Science, and Transportation is a standing committee of the United States Senate.

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United States Senate Committee on the Judiciary

The United States Senate Committee on the Judiciary, informally the Senate Judiciary Committee, is a standing committee of 21 U.S. Senators whose role is to oversee the Department of Justice (DOJ), consider executive nominations, and review pending legislation.

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Wide-body aircraft

A wide-body aircraft is a jet airliner with a fuselage wide enough to accommodate two passenger aisles, also known as twin-aisle aircraft, with seven or more seats abreast.

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World Airways

World Airways, Inc. was an American airline headquartered in Peachtree City, Georgia in Greater Atlanta.

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1973 oil crisis

The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo.

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Redirects here:

1978 Airline Deregulation Act, Airline Deregulation Act of 1978, Airline deregulation act.

References

[1] https://en.wikipedia.org/wiki/Airline_Deregulation_Act

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