THE FINANCIAL PERFORMANCE OF THE AIRLINE INDUSTRY POST-DEREGULATION

THE FINANCIAL PERFORMANCE OF THE AIRLINE INDUSTRY POST-DEREGULATION

Dempsey describes the airline industry's financial performance, which reveal how the industry has performed historically--pre-deregulation and post-deregulation. A historical explanation of what occurred in the airline industry is offered, and the impact on financial performance is discussed. H...

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Bibliographic Details
Published in:Houston law review Vol. 45; no. 2; p. 421
Main Author: Dempsey, Paul Stephen
Format: Journal Article
Language:English
Published: Houston Houston Law Review Incorporated 01-01-2008
Subjects:
Airline industry
Deregulation
Financial performance
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Summary:Dempsey describes the airline industry's financial performance, which reveal how the industry has performed historically--pre-deregulation and post-deregulation. A historical explanation of what occurred in the airline industry is offered, and the impact on financial performance is discussed. He examines the somewhat unique economic attributes of the airline industry that influence its financial performance and evaluates the principal economic theories upon which deregulation was predicated, explaining how these theories were fundamentally flawed. He concludes by offering a theoretical view of the industry that better explains why its financial performance has been so dismal since deregulation.
ISSN:0018-6694