This podcast episode explores the shift in air travel from a super luxurious experience to a more budget-focused approach due to the deregulation of the airline industry. It discusses how government regulations in the regulated era of air travel allowed airlines to provide extravagant services, but with deregulation, the industry became more competitive, leading to cost-cutting measures and the emergence of budget airlines like People Express. The competition between People Express and American Airlines sparked innovations, such as the hub and spoke system and the frequent flyer mile program. While the modern flight experience has its challenges, flying has become more accessible and affordable for the majority of people.
