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RCED-83-179 1 (1983-07-06)

handle is hein.gao/gaobabecw0001 and id is 1 raw text is: 
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 REPORT BY THE US.


 General Accounting Office






 The Changing Airline Industry:

A Status Report Through 1982




Singe passage of the Airline Deregulation Act of
1978, passenger airlines have experienced greater
opqrating freedoms and changing economic condi-
tiotls. GAO's review of airline operations before and
aftq r deregulation through 1982 shows that
   --traffic increased in 1982 following 2 years of
   losses and earlier substantial gains;

   --fares increased at a lower rate than airline costs
   both before and after deregulation; in 1982 air
   fares fell below prior year levels while costs
   increased slightly;

   --industry rates of return on investment declined
   in 1980, 1981, and 1982 after 2 years of higher
   results;

   --significant productivity gains in 1978 and 1979
   were severely eroded in 1980 and 1981, but
   1982 saw productivity turn upward;
   --weekly departures and available seats increased
   at all but the smallest communities; and
   --safety was not adversely affected.




             S121847

                                                           GAO/RtED-83-179

                            4'                   ~IULY a, 1983


0,L'/ II

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