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Discover the evolution of air travel from luxurious 70s services to today's frustrations. Explore the impact of airline deregulation, hub consolidation, and high costs like surge pricing. Author Ganesh Sitaraman offers solutions for a better flying experience.
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Quick takeaways
- Deregulation in the airline industry led to price competition and profit-driven practices, diminishing service quality.
- Hub-and-spoke model post-deregulation concentrated airline operations but resulted in disruptions and pricing concerns.
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Impact of Airline Deregulation in the 70s and 80s
The podcast discusses how the deregulation of the airline industry in the late 70s and early 80s drastically changed the flying experience. In the regulated period, airlines competed based on service quality, offering amenities like piano bars, steak dinners, and free alcohol in coach. Regulation ensured airlines served smaller and remote places, maintaining service quality and preventing concentration at major airports. Deregulation led to price competition, consolidation of airlines, and a shift towards profit-driven practices.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode