Bringupthebird
Grumpy? Who-Me?
- Joined
- Feb 7, 2006
- Posts
- 2,182
Yes, there is a case for re=regulation being made. The former head of AMR is requesting a look at it along with others.
What they are saying is that the airline system (due to there being no viable long-haul competition vis a vis rail) has become a national interest of sorts and should be protected.
What it has actually become is a commodity, with no real distinction among players. The internet distribution has helped hasten the erosion of yields by stoking hyper-competitiveness. Add the fact that the airline biz is all about cash and that it's profit margins are grocery-store thin and you can see why the best and brightest aren't attracted to this dead-end industry.
And they aren't about to pay a penny more for labor than they have to.