Due
to the Airline Deregulation act of 1978 the prices of all airline tickets dropped
significantly because of the increase of competition. I feel that the ability
to go from point A to point B should be affordable to most of the public. In the
past, before the Deregulation Act, flying was primarily for the rich. Everyone
would get dressed up in their nice clothes and it was considered to be part of
the experience of a trip somewhere, instead of a hassle that it is considered
today.
Maybe this is how people fly in the future? |
There
are many reasons why someone can fly somewhere for the same price they can
drive a car. The first example is that with all competition between airlines
everyone is always trying to be the least expensive choice. According to costtodrive.com
it costs $146.86 in gas to drive from Detroit to Orlando. However, on the
website I noticed that there was an advertisement directly next to the
calculation. It was an advertisement for how much it costs to fly there. They
say a flight would only cost $158.00. With such a small difference why not fly?
If
the airlines did raise their prices, making flying commercially less accessible
to the public, I feel that the industry in general would be a lot smaller with fewer
planes, less jobs for people. Overall, I feel that there would be less money for the airlines. I
believe that in order for the airlines to make money on a regular basis they
need to raise the ticket prices to a point where they know for a fact they will
be making a profit, but not to the point where it becomes unaffordable to the
middle class. A very good article by USA Today goes in depth explaining how
much the ticket prices have already increased and the effects on the industry.