CASE STUDY IS ON THE FILE
250 WORDS
1 – Demonstrate your understanding of dead weight loss in relation to the previoulsy regulated airline industry where airlines had monopolies on routes. How has the deregulation of the aviation industry solved that and who benefits from that solution the most? (illustrate)
200 WORDS
2 – Search for low-cost long-haul carriers and compare their prices and quality of service to that of major carriers. In your view, how are they able to compete at substantially lower prices? Do you believe this model is sustainable?

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