In the aftermath of World War II, states created a complex set ofbilateral and multilateral institutions to govern international aviationmarkets. National governments concluded bilateral agreements toregulate airport entry and capacity and delegated to the airlines,through the International Air Transport Association (IATA), theauthority to set fares and terms of service in international markets. Combined, the bilateral agreements and IATA produced national monopoliesconnected by strictly regulated international markets in which airlinessupplied identical services at identically high prices. A mixture ofpublic and private institutions thus produced a de facto cartel ininternational aviation services.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.