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Airlines, like any business, are susceptible to market fluctuations and economic difficulties. The economic structure of the airline industry may contribute to airline bankruptcies as well. One major element in almost every airline bankruptcy is the rejection by the debtor of its current collective bargaining agreements with employees.
The following is a list of defunct airlines of the United States.However, some of these airlines have ceased operations completely, changed identities and/or FAA certificates and are still operating under a different name (e.g. America West Airlines changed to use the identity of US Airways in 2005 – which itself also changed identity to American Airlines in 2015).
Frontier Airlines was a United States local service carrier, a scheduled airline that was formed by the merger of Arizona Airways, Challenger Airlines, and Monarch Air Lines on June 1, 1950. Headquartered at the now-closed Stapleton International Airport in Denver , Colorado , the airline ceased operations on August 24, 1986.
Douglas DC-9-15 at Atlanta in October 1973. By 1971, Southern was flying to New York City and Chicago and south to Orlando and Miami. U.S. government regulation did not allow Southern to fly nonstop from New York or Washington, DC, to Atlanta, so Southern had nonstops to Columbus, Georgia, then on to Dothan, Alabama; Mobile, Alabama; Panama City, Florida, Eglin Air Force Base, Florida; and/or ...
As jets were integrated into the market in the late 1950s and early 1960s, the industry experienced dramatic growth. By the mid-1960s, airlines were carrying roughly 100 million passengers and by the mid-1970s, over 200 million Americans had traveled by air.
In one famous example during the 1980s, Robert Crandall, then the head of American Airlines, bragged about how removing just one olive from every salad saved the airline $40,000 a year.
People Express Airlines, stylized as PEOPLExpress, was a low-cost airline in the United States that operated from 1981 until it merged with Continental Airlines in 1987. Its headquarters was in the North Terminal (later Terminal C) of Newark Liberty International Airport (EWR) in Newark, New Jersey .
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.