Airline Deregulation Act Of 1978

139 Words1 Pages
In 1978, President Jimmy Carter signed the Airline Deregulation Act into law. This would be the first time in U.S. history that an industry was deregulated. The Airline Deregulation Act was influenced by the rising cost of airline tickets. United States investigators compared fares of regulated carriers flying between states with fares of unregulated carriers flying within states. They found that unregulated carriers charged lower fares. The lack of flexibility with fares was a major concern both to the non-scheduled and charter carriers and to the U.S. Department of Transportation. Congress decided to include the elimination of the Civil Aeronautics Board and to lift the restrictions on fares and access to routes. The two exceptions to the