TOWARD A GLOBAL AIRLINE INDUSTRY - PROSPECTS AND IMPEDIMENTS
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International aviation has undergone much change due to increasing liberalization of bilateral agreements, increased domestic competition, and privatization. Initiatives in deregulation and toward limited "open skies' enhanced the competitive position of US airlines internationally, which has encouraged a variety of organizational affiliations and industry changes worldwide. Subsequent globalization will be multilateral in nature and conditioned by policies toward antitrust, public enterprise, and infrastructure. -Author