Deregulation Knockouts - Round Two

The Airline Deregulation Act was intended to produce better service and lower fares because of increased competition. Existing airlines could fly wherever they wanted and could set their own fares; new airlines could enter the marketplace. The outcome was rather different than what had been envisioned. This book analyzes airlines that began pure-jet passenger service between 1990 and 2000 which by 2005 had failed, merged with another carrier or were sold.