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Jimmy Carter Signs Airline Deregulation
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Jimmy Carter signs Airline Deregulation Act authored by Senators Edward Kennedy and Howard Cannon. It eliminated the government authority to award routes to airlines to bar entry of air carriers and to regulate fares. The law resulted in fares wars bankrupting three long established airlines such as Pan Am TWA and Eastern. Oct. 13 1978.
December 5th, 2011
Viewed 88 Times - Last Visitor from Beverly Hills, CA on 07/04/2014 at 12:31 AM
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