FROM CLOSED SET TO OPEN SET DEREGULATION: AN ASSESSMENT OF THE U.S. AIRLINE INDUSTRY

Airline industry performance has been shaped by sustained growth, technological change, and varying aspects of governmental oversight. In the U.S., deregulation initially was of a "closed set" nature, with competition limited to existing carriers and with residual economic regulation. Subsequently, "open set" deregulation emerged characterized by rapid entry and exist and little economic regulation. Industry prospects depend on financial performance, especially for capital investment, and public policy toward mergers, infrastructure, and international competition.

• Corporate Authors:

  University of British Columbia, Vancouver

  Centre for Transportation Studies
  Vancouver, British Columbia  Canada  V6T 1W5
• Authors:
  • Meyer, J R
  • Strong, J S
• Publication Date: 1992-3

Media Info

• Features: References; Tables;
• Pagination: p. 1-21
• Serial:
  • LOGISTICS AND TRANSPORTATION REVIEW
  • Volume: 28
  • Issue Number: 1

Subject/Index Terms

• TRT Terms: Businesses; Civil aircraft; Competition; Deregulation; Economic conditions; Economic factors
• Old TRIS Terms: Commercial planes
• Subject Areas: Economics; Public Transportation;

Filing Info

• Accession Number: 00622515
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 30 1992 12:00AM