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121424 1 (1983-05-24)

handle is hein.gao/gaobactap0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 FOR RELEASE OR DELIVERY EXPECTED MAY 24, 1983 STATEMENT OF OLIVER W. KRUEGER, ASSOCIATE DIRECTOR RESOURCES, COMMUNITY, AND ECONOMIC DEVELOPMENT DIVISION BEFORE THE SUBCOMMITTEE ON AVIATION HOUSE COMMITTEE ON PUBLIC WORKS AND TRANSPORTATION ON THE CHANGING AIRLINE INDUSTRY 121424 Mr. Chairman and Members of the Subcommittee: We welcome the opportunity todiscuss our draft report entitled The Changing Airline Industry: A Status Report Through 1982. The report will be issued in the near future. The airline industry is changing, responding to greater freedoms provided by the Airline Deregulation Act of 1978. Our current report is the fourth in a series of reports on airline industry operations, and is intended to take a snapshot of the airline industry before and after the act's passage. It compares traffic trends; fares; profits; productivity; service patterns, particularly at small communities; and air safety before and after deregulation. In 1982, air fares fell below 1981 levels, while airline costs rose slightly. In addition, air traffic, weekly depar- tures, available seats, and load factors all turned upward. The 0 ,2 56 6c;2