HorsesAss.Org » Blog Archive » Passengers suffer as airlines circle the drain

@ two dogs

Another thing — without deregulation airline fares would undoubtedly be much higher

Regulation ought not to be a bogeyman.

For example, our current "free market" has allowed the airlines to evolve hubs that in some cases approach monopolies on travel from or too one place. They do this in the name of efficiency but the effect is to stifl;e competition.


Another example is the untrammeled increase in debt due to buy outs. The management of Big World Airlines may have it in its interest and even the stockholder's interest but there is no obvious reason that acquisitions will lead to better, cheaper service.

Finally, can you spell GLOBAL? Increasingly the US competes against sovereign or near soverign national airlines. China, Britain, the Arab States .. all these regulate their airlines to serve the national interest. Do you really think our domestic market is so big that TWA, Northeast, Eastern, PanAmerican, United, American, Delta, can compete?

Like it or not, globalism implicitly drives all nations to something like the Japanese model of a national economy run as one big, democratic corporation. Lets hope THAT is where we go and not to Chinese style corporate statism ..what was once called fascism!