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We had seen the negative effect of the deregulation. Althought many may argue that the deregulation give the consumers the financial benefits, but fact had proven that the airline industry is facing more problems after the deregulation. Many airlines had gone bankrupt, I had a personal experience in this, as I was dealing [...] In 1978, USA President, Jimmy Carter signed the billed to start a new phase of aviation industry. The profound “effects of airline deregulation” is felt even today, more than 30 years after the signing of the bill. No longer like before, the authority was governing where you can fly and how much you can [...] |
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