1978 could be a watershed one for the US airline industry because it could face increased regulation. No federal agency has overseen the airline prices since deregulation in Next year, but that could change with the passing of bipartisan bill, the FAIR Fees Act, coupled with the installation of pro-regulation representative Peter DeFazio as chairman of the House Transportation Committee. The US airline industry has argued the benefits of deregulation would be undermined by more oversight, but consumer advocates are pushing hard for changes.
Next year could be a watershed one for the US airline industry because it could face increased regulation. No federal agency has overseen the airline prices since deregulation in 1978, but that could change with the passing of bipartisan bill, the FAIR Fees Act, coupled with the installation of pro-regulation representative Peter DeFazio as chairman of the House Transportation Committee. The US airline industry has argued the benefits of deregulation would be undermined by more oversight, but consumer advocates are pushing hard for changes.