Deregulation: How big is your sandwich?
It might, but prices would certainly be higher, and service would not necessarily be better. Under regulation, airlines couldn’t compete on price so they attempted to offer better and better services and, especially, sumptuous meals. But the Civil Aeronautics Board could not let any airline have an unfair advantage, so the government regulated service, too. In the 1970s the federal government even regulated the size of the sandwiches served in flight.
All that came to an end in the
One of the spurs to deregulation was Laker Airways, whose transatlantic flights from
For background on Freddie Laker, see:http://news.bbc.co.uk/1/hi/uk/2283244.stm