About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1976 - September DOT Ord. & Dec. [1] (September, 1976)

handle is hein.usfed/dotod0599 and id is 1 raw text is: Order 76-9-1 UNITED STATES OF AMERICA CIVIL AERONAUTICS BOARD / - WASHINGTON, D. C. Adopted by the Civil Aeronautics Board at its office in Washington, D. C. on the 1st day of September, 1976 Mainland-Hawaii general fare increase proposed by Docket 29728 CONTINENTAL AIR LINES, INC. WESTERN AIR LINES, INC. ORDER OF INVESTIGATION AND SUSPENSION By tariff revisions 1/ marked to become effective September 3, 1976, Continental Air Lines, Inc. (Continental) and Western Air Lines, Inc. (Western) propose to increase by five percent all mainland U.S.-Hawaii fares. 2/ In support of their proposals, the carriers allege that mainland-Hawaii fares are the lowest to be found anywhere in the world; that Hawaiian fares have not increased nearly as much as have other domestic or international fares; that the rate of increase in Hawaiian fares has not kept pace with the rate of cost inflation; and that Hawaiian operations have become a chronic drain on the resources of the carriers serving the market. Continental notes in its justification that correction of the error in the application of ratemaking standards noted by the Board in Order 76-7-13 would produce a rate of return on investment (ROI) of 11.7 percent rather than the 12.8 percent contained in Board Order 76-4-171 suspending a five-percent increase in normal fares. Continental has submitted an adjusted industry ROI computation for the calendar year 1975 at a standard 55 percent load factor indicating an ROI of 9.95 percent for the mainland-Hawaii entitywith a five-percent fare increase, as justification for its proposal and notes that an eight-percent fare increase would be required to achieve a 12 percent return. l/ Revisions to Airline Tariff Publishing Company, Agent, Tariff C.A.B. No. 258. 2/The proposed increased fares apply to travel on and after September 15, 1976.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most