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
Vaisakhi 2015Comments: 1Rating: 0 / 0
There's still time to take part in celebrations around the world, later this month!...read more
How To Not Look Like a Tourist in BerlinComments: 0Rating: 0 / 0
Learn to blend in with German city culture!...read more
5 Reasons Why Traveling Is the Best EducationComments: 0Rating: 0 / 0
A guest post by traveler, TV host and author, Leon Logothesis!...read more
Neighborhood Spotlight: Chicago’s Lincoln ParkComments: 0Rating: 0 / 0
Take a tour of this scenic park of north Chicago!...read more
How to Pick the Right Hotel in LondonComments: 1Rating: 0 / 0
It can be overwhelming to choose a place to stay with so many great options!...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