Deregulation and competition: lessons from the airline industry.Deregulation DeregulationThe reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and Competition: Lessons from the Airline Industry by Jagdish N. Sheth, Fred C. Allvine, Can Uslay, Ashutosh Dixit, Fred C. Allvine (SAGE Publications This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. , 2007), ISBN-13: 9780761935964, 348 pp, $49.95. The US airline industry has been taken as an in-depth case study. This thought-provoking book chronicles Chronicles, two books of the Bible, originally a single work in the Hebrew canon (the final book of that canon), called First and Second Chronicles in the Authorized Version, and called First and Second Paralipomenon in the Septuagint and in the Vulgate. the evolution of the airline industry and explains what lies ahead for airlines across the globe. The authors present compelling evidence on how the paradigm shift A dramatic change in methodology or practice. It often refers to a major change in thinking and planning, which ultimately changes the way projects are implemented. For example, accessing applications and data from the Web instead of from local servers is a paradigm shift. See paradigm. that is taking place in the airline industry is linked to the big-bang approach to deregulation. There are lessons to be learned from the US as Europe and Asia undergo the (airline) deregulation experience from a public policy as well as corporate perspective. Deregulation and Competition: Lessons from the Airline Industry also addresses the crucial question of what will happen to the airlines that are in turmoil. In addition to the comprehensive analysis of the airline industry's evolution, the authors draw from extant ex·tant adj. 1. Still in existence; not destroyed, lost, or extinct: extant manuscripts. 2. Archaic Standing out; projecting. theory as well as from their own research to predict and explain which (and what kind of) airlines are likely to succeed and fail in domestic and international markets. The downfall of legacy carriers and rise of discount carriers is analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. in detail. The nontechnical analysis is intended for a broader audience than airline and management professionals and is especially interesting given the unexpected rise in fuel prices since the book was written. |
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