Airline Deregulation Act of 1978

The Airline Deregulation Act of 1978 was a law that removed federal control over the airline industry in the United States. Before this act, the government regulated prices and routes for airlines. Deregulation allowed airlines to set their own prices and decide which routes to fly, leading to increased competition. This resulted in lower fares, more flight options, and expanded service to new markets. However, it also led to challenges like airline consolidation and operational difficulties for some carriers. Overall, the act transformed air travel into a more consumer-focused industry.