The Airline Deregulation Act

The Airline Deregulation Act of 1978 was a law that removed government control over many aspects of the airline industry, including fares, routes, and market entry. This shift encouraged greater competition among airlines, leading to a wider range of prices and destinations for travelers. By reducing federal regulation, airlines gained more freedom to operate based on market demand, which helped lower fares and foster innovation. However, it also resulted in industry volatility and various regional service changes. Overall, the act aimed to create a more efficient and consumer-oriented airline industry through increased competition and flexibility.