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The World is Flat.
And we will be flattened.
Not on the domestic side (yet), but here come the Trans-Atlantic low-cost operators....
"However, the deal would make it easier for EU companies to buy all of an airline's non-voting shares. At the same time, the EU would be able to restrict US investment in EU airlines."
See what happens when we don't secure the borders?!!! The United States might as well hang a sign which says:
"Land of the Free....to give away."
With Congress working on a Bill to tax the living $hit out of general aviation, I'd say this is the literal end to the Golden Days of flying.
My greatest fear is that in a couple years we will have Chinese and Indian pilots over here, working for half our pay, packed 20 to a crashpad as part of some foreign airline. Maybe I am thinking too deeply into this annoucement.