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Ford proposes deregulation to boost airline competition
President Ford asked Congress to loosen airline rules allowing higher and lower fares and entry on new routes. The plan limits CAB fare changes to 10 percent up and 20 percent down in year one with extended reductions later, aims to curb predatory pricing and lets new carriers enter service while easing antitrust exemptions.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congress
Transportation
William T. Coleman
Coleman
Civil Aeronautics Board
CAB
Secretary of Transportation
White House
Feder
Highway Trust Fund
Department of Transportation