Rapid Descent by Barbara Sturken Peterson
Deregulation and the Shakeout in the Airlines

No critic rating

Waiting for minimum critic reviews

See 2 Critic Reviews

unrated

Synopsis

With high hopes for the public and the entire air travel industry, the US Federal government deregulated the airlines in the 1970s. The effect was chaotic fares, fewer airlines and a decline in service. This book discloses how good intentions went wrong and how deregulation's promising take-off led to a disastrous nose dive. Tracing 18 years of deregulation, the authors survey and analyze all the clashes, and describe the colourful characters who have changed the face of the industry. The book explains why the start-up airlines never succeeded, and how computer reservations and the hub-and-spoke airport system strengthened the larger airlines while strangling smaller ones, creating a debacle that continues today.
 

About Barbara Sturken Peterson

See more books from this Author
 
Published May 1, 1994 by Simon & Schuster. 352 pages
Genres: Business & Economics, Professional & Technical. Non-fiction

Unrated Critic Reviews for Rapid Descent

Kirkus Reviews

See more reviews from this publication

Cases in point range from Donald Burr (founder of People Express) through Robert Crandall (American's innovative albeit frustrated CEO), Carl Icahn (a Wall Street raider bloodied by his close encounters with TWA), and Frank Lorenzo (the sometime head of Continental, whose resourceful use of bankr...

| Read Full Review of Rapid Descent: Deregulation a...

Publishers Weekly

See more reviews from this publication

Travel reporters Peterson ( Travel Weekly ) and Glab (former managing editor of Travel Management Daily ) use their knowledge of and contacts in the airline industry to provide this account of what must be one of the most mismanaged operations in America.

| Read Full Review of Rapid Descent: Deregulation a...

Rate this book!

Add Review