Published at Tuesday, April 02nd, 2019 - 16:21:13 PM. Type of airline. By Anson Busch.
The pattern of ownership has been privatized in the recent years that is the ownership has gradually changed from governments to private and individual sectors or organizations. This occurs as regulators permit greater freedom and non-government ownership in steps that are usually decades apart. This pattern is not seen for all airlines in all regions. 86
A glimpse of the future could already be had in California and Texas. Devoid of jurisdiction over local air transportation the CAB could neither exercise fare nor route authority over intrastate airlines and these carriers usually offering high-frequency single-class no-frills service at half the fares the regulated trunk airlines were forced to charge consistently recorded both profit and traffic growth.
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