For nearly 50 years, American consumers have enjoyed the many benefits of airline deregulation. From cheaper fares and more travel destinations to a growing assortment of in-flight service options, air travel is better, safer, and more widely available than ever. Unfortunately, that hasn't stopped critics from telling a revisionist version of history that alleges that consumers were better off before the passage of the Airline Deregulation Act in 1978. If these revisionists are successful in turning back the clock, the impact on consumers would be very costly.
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