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
Skip the Hippest Lines in Stockholm with the Berns Hotel VIP WristbandComments: 1Rating: 0 / 0
Get into all the trendiest clubs - just for booking a room!...read more
4 Must-Have Experiences in TaipeiComments: 0Rating: 0 / 0
What you need to know before visiting Taiwan's capital!...read more
How to Not Look Like a Tourist in Sao PauloComments: 0Rating: 0 / 0
A fashion guide for the largest city in South America!...read more
The 4 Biggest St. Paddy’s Celebrations in the WorldComments: 0Rating: 0 / 0
Say 'Erin go Bragh!' and party with us today!...read more
Celebrate Pi Day with These 5 Regional U.S. PiesComments: 0Rating: 0 / 0
A tasty treat for those who love math, baking, and the different flavors in the U.S.A....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