Airfares were too high , lengthy delays and 1973 oil crisis and stagflation radically changed the economic environment as well as technological advances were few driving forces behind deregulation. Consumers felth that pricing was against them , and air line was just charging huge fares.
The oil crisis and technological innovation were the shocks prior to deregulation. If there would be no deregulation - there would monopoly , high fares and limited experiences.
Yes , deregulation indeed prooves better , with competative price and increased no of flights with better quality.
Get Answers For Free
Most questions answered within 1 hours.