Airline Competition: Weak Financial Structure Threatens Competition
RCED-91-110
Published: Apr 15, 1991. Publicly Released: Apr 15, 1991.
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Highlights
Pursuant to a congressional request, GAO evaluated the financial condition of the airline industry, focusing on the: (1) causes of financial distress; and (2) options for reversing the trends and promoting competition.
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Topics
Aircraft maintenanceAirlinesAirline regulationCompetitionCompetitive advantageDebtFinancial managementMaintenance standardsMicroeconomic analysisTrade regulation