2006-09-15 13:21:02 · 2 answers · asked by greenfairy6971 1 in Business & Finance ➔ Other - Business & Finance
9/11 accelerated the trend that started with Airline Deregulation Act (or ADA) of1978. Few "legacy airlines" (those that existed before 1978) that managed to stay solvent were finally pushed into bankruptcy.
Many public infrastructures such as runways or air traffic control towers are exploited as public goods, meaning overused and under funded.
The realities of high-capital, low-profit industry are felt throughout as pensions are cut and maintenance forgone. Airline travel has become a commodity not entirely different from the railroad industry whose glory days are long gone.
2006-09-15 19:58:49 · answer #1 · answered by Roy W 4 · 0⤊ 0⤋
The airlines are charging more. Because the goverment is involved. Plus it's taking more time to get to you'r flight!!
2006-09-15 13:24:13 · answer #2 · answered by alfonso 5 · 0⤊ 0⤋