jan 12, 1978 - Airline Deregulation Act

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President Jimmy Carter signs the Airline Deregulation Act. It is a law removing U.S. federal government control over such areas as fares, routes and market entry of new airlines, introducing a free market in the commercial airline industry and leading to a great increase in the number of flights, a decrease in fares, and an increase in the number of passengers and miles flown.

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