The demise of the cross-subsidy concept in U.S. domestic air transportation: reasons and implications

The demise of the cross-subsidy concept in U.S. domestic air transportation: reasons and implications

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Examines reasons for and implications of the Civil Aeronautics Board's phase 9 opinion in the domestic passenger fare investigation. This opinion, issued in 1974, reversed the Board's longstanding policy of attempting to use "excess" profits from luc...