Published at Tuesday, March 26th, 2019 - 08:58:59 AM. Type of airline. By Anselmo Schubert.
Ultimately conceding to reason and democratic rule President Jimmy Carter signed the Airline Deregulation Act on October 28 1978 in the process eliminating the need for CAB approval of route entrance and exit and reducing most of the current fare restrictions. Even those would eventually be eliminated when the Civil Aeronautics Board in its now famous sunset was disbanded in 1985.
Airlines assign prices to their services in an attempt to maximize profitability. The pricing of airline tickets has become increasingly complicated over the years and is now largely determined by computerized yield management systems.
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