Reform Regulatory Burden
- Even though the U.S. airline industry was deregulated in 1978, today it is still one of the most regulated sectors of our economy. Four cabinet-level departments and six federal government agencies touch nearly every aspect of airline operations.
- On top of that, government regulations on airlines have continued to grow over the past two decades. There are existing and future government regulations on airlines that are projected to cost the U.S. economy billions annually – with no clear benefits to the traveling public.
- A recent report by the American Aviation Institute (AAI) found that new Department of Transportation regulations and resulting enforcement actions alone would cost $1.8 billion annually.
- Adopt regulations that are only focused on real problems, are fact- and science-based, and can be justified on a cost-benefit basis, and eliminate inefficient and costly rules that do not impact safety or the customer experience. More consistent and streamlined U.S. airline regulations would save billions of dollars, keeping airfare affordable, spurring more investment in newer planes, expanding routes and preserving air service in smaller markets.
- For passengers: Keep airfare affordable, improve flight efficiencies (e.g. reduce flight cancellations, shorten flights and security lines, and improve communications around flights), and enable investment in new aircraft and service to more destinations.
- For businesses: Allow the U.S. airline industry to invest in new airline routes and destinations, which would benefit businesses that want to expand to other cities and states.
- For airline employees: Help the U.S. airline industry improve its viability and profitability, which would enable employees to share in airline profitability and benefit from expanded airline routes and destinations.
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