Senate Takes Important Step to Enhance Airline Competition.WASHINGTON--(BUSINESS WIRE)--Oct. 6, 1999-- The following statement was issued today by Ed Faberman, Executive Director of the Air Carrier Association of America (ACAA ACAA American Coal Ash Association (Washington, DC) ACAA Air Carrier Access Act of 1986 ACAA Amazigh Cultural Association in America ACAA Air Carrier Association of America ACAA Automatic Chemical Agent Alarm ), following action taken by the U.S. Senate in approving S-82, Air Transportation Improvement Act: We applaud the leadership of Commerce Committee Chairman John McCain For McCain's grandfather and father, see John S. McCain, Sr. and John S. McCain, Jr., respectively John Sidney McCain III (born August 29, 1936 in Panama Canal Zone) is an American politician, war veteran, and currently the Republican Senior U.S. Senator from Arizona. , Subcommittee Chairman Slade Gorton, Senator Jay Rockefeller John Davison Rockefeller IV (born June 18, 1937), generally known as Jay Rockefeller, has served as a Democratic U.S. Senator from West Virginia since 1985. He was Governor of West Virginia from 1977 to 1985. As a great-grandson of oil tycoon John D. , Senator Tom Harkin, and Senator Charles Grassley in the introduction and approval of this bill. As a result of government imposed slot regulations and perimeter rules, new entrants have been virtually locked out of the high-density airports, some of the nation's most important business markets. These limitations amount to a perversely tilted playing field -- in stark contrast to the free, competitive environment envisioned two decades ago in the Airline Deregulation Act The Airline Deregulation Act (or ADA) was a United States federal law signed into law on October 28, 1978. The main purpose of the act was to remove government control from commercial aviation and expose the passenger airline industry to market forces. . True competition can only flourish if all markets are open and there is a level playing field See net neutrality. . By allowing increased operations at the highly concentrated high-density airports and new cities to be served from Reagan National Airport, S-82 takes a major step to ensure the continued benefits of deregulation Deregulation The 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. . The beneficiaries of this Senate action will be American consumers, business travelers and small and medium communities. Founded in 1996, the Air Carrier Association of America represents small, affordable airlines, startup carriers and allied business and airport members. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion