THE FUEL CRISES AND DEREGULATION: IMPACT ON AIRLINE OPERATIONS AND PROFITABILITY, U.S. TRUNKS DOMESTIC SERVICE: 1973-1982
This paper updates a presentation given at the Transportation Research Board's Second International Workshop on Aviation Forecasting in March 1981. The paper, titled "Aircraft Technology, Productivity and Operations, Impact on Costs and Yields" discussed the long-term aircraft and operational factors influencing real (inflation-adjusted) air fare levels; the United States domestic trunk airlines' reaction to the rapidly escalating fuel prices during the 1973-1979 time period; and the outlook for real air fares in the 1980s given uncertain fuel costs and domestic airlines deregulation enacted in late 1978. This paper reviews the conclusions of the 1981 presentation. The data have been updated through 1982, extended back to 1973 and expanded to include more detailed labor and crew cost data. Conclusions are summarized as to the long term impact of the two fuel crises and deregulation on the domestic operations and profitability of U.S. trunk airlines. The prsentation also includes some thoughts on the topic: "Is there a case for airline regulation as a public utility." (Author)
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Availability:
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Supplemental Notes:
- This paper was published in Transportation Research Circular N277, Prospects for World Aviation. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
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Corporate Authors:
500 Fifth Street, NW
Washington, DC United States 20001 -
Authors:
- Sarames, G N
- Publication Date: 1984-5
Media Info
- Media Type: Digital/other
- Features: Figures; Tables;
- Pagination: p. 41-54
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Serial:
- Transportation Research Circular
- Issue Number: 277
- Publisher: Transportation Research Board
- ISSN: 0097-8515
Subject/Index Terms
- TRT Terms: Air transportation; Deregulation; Energy resources; Fuels; Impact studies; Supply
- Uncontrolled Terms: Energy crisis
- Old TRIS Terms: Fuel shortage
- Subject Areas: Aviation; Economics; Energy; Highways; Law; Planning and Forecasting; Society;
Filing Info
- Accession Number: 00386433
- Record Type: Publication
- Files: TRIS, TRB
- Created Date: Jun 28 1984 12:00AM