texts of "strongly negative," "somewhat negative," and "little negative effect." As basic assumption underlying this research approach is that airline executives, government regulatory officials, and consumer advocates possess both the knowledge and the understanding of the various aspects of the issue to cause their perceptions to be relevant.
Literature related to the problem investigated in this study is reviewed in this section. Regulation and deregulation of the airline industry is related to the yield management problem faced by airlines (Borenstein, 1992, pp. 45 73). The current financial crisis holds the strong potential for a reregulation of the airline industry in the United States (Hall, 1992, p. 27). Literature related to both the regulation and the deregulation of airlines is reviewed. The outcomes of airline deregulation affect several areas of interest, such as service levels, safety, and so forth. The financial impact of deregulation on airline companies, however,
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