The Deregulation of Air Transport: An International Perspective

Eyden Samunderu
Additional contact information
Eyden Samunderu: International School of Management (ISM)

Chapter Chapter 3 in The Economic Effects of Air Transport Market Liberalisation, 2024, pp 243-302 from Springer

Abstract: Abstract Chapter 3 provides a detailed analysis of the transformative deregulation processes within the global aviation industry, highlighting pivotal developments in North America, the European Union (EU), Asia Pacific, and South Africa. It begins with a historical overview of airline regulation and the academic consensus that influenced the Airline Deregulation Act of 1976 in the United States, setting a precedent for liberalisation efforts worldwide. The chapter examines the Chicago Convention of 1944 as the foundational framework for international air transport regulation, elucidating the evolution of air service agreements, multilateral agreements, and the significance of the freedoms of the air. Special focus is given to the impact of deregulation in various regions, including the rise of low-cost carriers (LCCs), the expansion of hub-and-spoke networks, and the integration of airline alliances. The EU’s progressive liberalisation, culminating in a comprehensive single aviation market, is discussed alongside the challenges and opportunities presented by the African market’s liberalisation, particularly through the Yamoussoukro Decision. The chapter concludes by assessing the ongoing global shifts towards liberalisation, the economic benefits of open skies agreements, and the broader implications of deregulation for airline competition, market access, and consumer choice.

Keywords: Deregulation; Airline Regulation; Low-Cost Carriers (LCCs); Chicago Convention; Freedoms of the Air; Air Service Agreements; Multilateral Agreements; EU Liberalisation; Yamoussoukro Decision; Open Skies Agreements (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:aaechp:978-3-031-61864-2_3

Ordering information: This item can be ordered from
http://www.springer.com/9783031618642

DOI: 10.1007/978-3-031-61864-2_3

Access Statistics for this chapter

More chapters in Advances in African Economic, Social and Political Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().