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Airlines: Passengers
built 655 days ago
Most of the major airlines, whose profits were virtually guaranteed, favored the system. But passengers forced to pay escalating fares did not, nor communities which subsidized air service at ever-dearer rates. Congress became concerned that air transport in the long run might follow the nation's railroads into trouble; in 1970 the Penn Central railroad had collapsed in what was then the largest bankruptcy in history, resulting in a huge taxpayer bailout in 1976.
These systems help airlines and travel agents keep track of fare and service changes, which occur very rapidly today. The systems ... enable airlines and travel agents to efficiently process the millions of passengers who fly each day.
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The Air Transport Association of America is the premier trade organization of the principal U.S. airlines. ATA airline members and their affiliates transport more than 90 percent of all U.S. airline passenger and cargo traffic.  
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