F205 Summer 2018 Airline Regulations: Do They Really Help Consumers?
Wednesday, 9:40–11:05, July 18
Fairfax Lord of Life
Instructor: Ben Baldanza
Coordinator: Leo Brennan
While the US airline industry’s prices and schedules were deregulated in 1978, there is still a very active regulatory approach taken by the Department of Transportation, aimed at consumer advocacy. Many of the regulations passed in the last 15 years have, however, raised costs for consumers and provided little benefit in return. This class reviews the major regulations made, their background and impact, and then addresses how these regulations came into being and whether there is a better way to manage our air transportation policy.
Ben Baldanza has a 30+ year career in the US airline industry and has held senior level positions with multiple airlines. In 2005-2016, he was the CEO of Spirit Airlines and created North America’s first “ultra low cost” carrier. He now lives in Northern Virginia and stays active in the industry with board and consulting work. Ben is an adjunct professor of economics at Mason where he teaches a class called “Airline Economics.”