Published at Tuesday, April 02nd, 2019 - 16:24:34 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
Air California and PSA Pacific Southwest Airlines for example operating in the Los Angeles-San Francisco market saw yearly traffic figures increase from 1.5 million passengers in 1960 to 3.2 million in 1965. Texas-based Southwest Airlines similarly provided low-fare service between Dallas and Houston and other Texas points. These airlines demonstrated that true deregulation could yield fares accessible to average-income passengers provide greater airline and service concept choice and stimulate traffic.
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