Tuesday, December 28, 2010
Alfred Kahn, former Chairman of the Civil Aeronautics Board and Professor of Economics at Cornell University, died yesterday at the age of 93. Aside from his towering contributions to regulatory economics, Kahn is undoubtedly best remembered as the intellectual architect of airline deregulation. Under Kahn's leadership, the CAB pushed the long-regulated aviation industry toward reliance on competitive forces. Kahn's project was subsequently picked up by the Congress, which passed the Airline Deregulation Act in 1978 and the CAB Sunset Act in 1984.
Blog readers interested in learning more about Kahn's role in airline deregulation can view the International Aviation Law Institutes's A Conversation with Professor Alfred Kahn, part of IALI's "Conversations with Aviation Leaders" series, here.