Sky Wars

Article Abstract:

Since Congress deregulated the air transport industry in 1979, competitors have fought over routes, rates and passengers. The result has been confusion brought on by price wars, by too much service in some areas and too little service in others by fledgling airlines offering cut-rate fares, and by sought-after mergers between carriers. The airline industry suffered its worst year on record in 1980. The third quarter upturn did not help recovery from a dismal first half, brought on by a four percent passenger decline and the rising cost of fuel. Half the industry's losses involved the ten big trunks. Many regional airlines showed record profits.

United States, Travel, Airlines

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The High Cost of High Living

Article Abstract:

Schieffelin & Co., importers of Moet & Chandon champagne, compile a list of high priced items each year, to show how the wealthy are living. The current Moet Luxury Index shows that price increases on luxury items rose about eleven per cent in 1983. The price of a 1983 Mercedes Benz 500 SEC rose only six per cent, to $56,800. Dom Perignon vintage champagne was steady at fifty-five dollars a bottle.

Study and teaching, Wealth

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Wider transport deregulation urged

Article Abstract:

A Canadian government commission has concluded that the deregulation of the transportation industry, which began in 1987, should be continued and expanded due to the benefits it provides to consumers and the transportation sector.

Canada, Transportation policy

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