IIMB Management Review
Document Type
Discussions (Round Table)
Abstract
The Airline Deregulation Act of 1978 changed the competitive landscape for air travel. The CAB allowed low-cost (nonunionised and no-frill chartered service) carriers to compete in the scheduled air travel markets. Scheduled air carriers were at a disadvantage due to their high-cost structure. For example, during the winter of 1976, passengers could travel from New York to Florida on a charter for as little as $99. This fare was less than the average cost for a scheduled carrier to fly that market.
Recommended Citation
Venkateshwara Rao, B
(2000)
"Yield management in the airline industry,"
IIMB Management Review: Vol. 12:
Iss.
4, Article 24.
Available at:
https://research.iimb.ac.in/imr/vol12/iss4/24
Publication Date
12-1-2000
First Page
67
Last Page
71