Airline Deregulation Act

Airline Deregulation Act
Long title	An Act to amend the Federal Aviation Act of 1958, to encourage, develop, and attain an air transportation system which relies on competitive market forces to determine the quality, variety, and price of air services, and for other purposes.
Enacted by	the 95th United States Congress
Citations
Public law	Pub. L. 95–504
Statutes at Large	92 Stat. 1705
Codification
Titles amended	49 (Transportation)
U.S.C. sections created	1371 et seq.
Legislative history
	Introduced in the Senate as "Air Transportation Regulatory Reform Act" (S. 2493) by Howard Cannon (D-NV) on February 6, 1978; Committee consideration by Senate Commerce, House Public Works; Passed the Senate on April 19, 1978 (83–9); Passed the House on September 21, 1978 (363-8 as H.R. 12611); Reported by the joint conference committee on October 12, 1978; agreed to by the House on October 14, 1978 (356–6) and by the Senate on October 14, 1978 (82–4); Signed into law by President Jimmy Carter on October 24, 1978;

The Airline Deregulation Act is a 1978 United States federal law that deregulated the airline industry in the United States, removing federal control over such areas as fares, routes, and market entry of new airlines. The act gradually phased out and disbanded the Civil Aeronautics Board (CAB), but the regulatory powers of the Federal Aviation Administration (FAA) over all aspects of aviation safety were not diminished.

A forerunner of the Airline Deregulation Act was the Air Cargo Deregulation Act (Pub. L. 95–163), enacted November 9, 1977, which substantially removed barriers to entry and pricing restrictions in the domestic airfreight business while leaving the CAB otherwise intact. Airfreight deregulation thus preceded passenger airline deregulation by a year.