brought on subsequent experiments and later change. For illustrative purposes, we group these phases into the initial deregulatory stage that led to the emergence of hub control, the deregulatory phase that saw the appearance of different approaches to low-cost service and the evolution of quality as a standard, and, finally, the erosion of hub control that placed previously-dominant legacy carriers in a precarious position, at the mercy of smaller, later entrants. Seen this way, the changes in airline…
Words 928 - Pages 4