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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