Alfred E. Kahn, the man who ended government control of the airline industry in the 1970s, passed away yesterday at age 93.
As chairman of the Civil Aeronautics Board under President Carter, Kahn recommended that airlines could improve service by competing with each other financially with limited government intervention.
With Kahn’s help, Congress passed the Airline Deregulation Act of 1978 which ended government control of routes and ticket prices. Passage of the act later led to the emergence of several low-cost carriers.
In a 2005 interview with the Denver Post, Kahn defended deregulation, saying, “Consumers have benefited to the effect of $20 billion a year.” His death was announced on the Website of Cornell University, where he spent most of his career.
Get new posts delivered by email:
Top Travel Deals on RSS
Are Robots the Next Step in Hospitality?Comments: 0Rating: 0 / 0
Hotels are starting to use robots for everything from check-in to room service....read more
3 Ways to Celebrate National Poet’s DayComments: 0Rating: 0 / 0
Enjoy the history and work of some of America's finest wordsmiths!...read more
Celebrating St Stephen’s Day in Hungary!Comments: 0Rating: 0 / 0
It's the biggest day of the year in Budapest!...read more
How To Make Your Airport Visit More RelaxingComments: 0Rating: 0 / 0
These 4 tips can take the stress out of your terminal time!...read more
16 of the Best Bars in BaliComments: 1Rating: 0 / 0
Have a drink at one of these amazing establishments, on a paradise island!...read more
Some of the content posted herein are the views and opinions of the individual blogger's and do not represent the views and opinions of OneTravel. It may be the case that OneTravel is partnering with a particular travel supplier mentioned in a blog post, however, all views and opinions expressed herein by parties other then OneTravel are by the respective bloggers.
© 2015 W K Travel, Inc. All rights reserved. California: CST #2090295-40, Nevada: SOT #2007-0081, Iowa: SOT #883, Washington: SOT #602785938, Florida: SOT #ST38063