Concept information
Preferred term
airline deregulation
Definition
- The Airline Deregulation Act (ADA) of 1978 initiated an era of fundamental change in the U.S. airline industry. The ADA attempted to address the economic inefficiencies of regulated air carriers by opening the airline marketplace to competition among both established and predicted new entrants. [Source: Encyclopedia of Business Ethics and Society; Airline Deregulation]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/airline_deregulation
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