What would "re-regulation" mean?

[pilotyip]

Lots of jobs

Low fares are the result of management chasing market share while ignoring profits.

Which resulted in a good paying job at AirTran for you. Without de reg no Valuejet, no Airtran

 

[Jiminmem]

It would mean anyone in the bottom half of the senority list at your airline would be furloughed.

 

[Redmeat]

Nevermind...yip edited his post.

 

[Gunfighter]

First - Level the playing field by enforcing meaningful bankrupcy reform. This solution appears to be under way already.

Second - Increase the barriers to entry. If it becomes more difficult to get into the airline business, those already in business make more money. We don't need all of these start ups with $10 fares diluting the market and creating unrealistic expectations for travellers. Higher fees for operating permits are one idea. I'm sure there are many others.

 

[AC560]

I agree and while we are at it we should nationalize the steel mills, automotive companies, coal mines and ban all imports. Let's take it back.

 

[PCL_128]

Which resulted in a good paying job at AirTran for you. Without de reg no Valuejet, no Airtran

Without deregulation, the legacy carriers would have remained strong, providing more jobs at those carriers.

 

[tomgoodman]

Lawyers would prosper

Re-regulation would be a mess. Airlines would quickly file for dozens of new routes, hoping to be "grandfathered" into giants before the deadline. (That's what Harding Lawrence of Braniff did, under the assumption that deregulation would shortly be repealed.) Authorities would then have to kick some carriers out of certain markets, with preference probably going to the lowest bidder. Cost-cutting might get even worse.

 

[pilotyip]

don't be so sure

Without deregulation, the legacy carriers would have remained strong, providing more jobs at those carriers.

No fewer job than now because higher proces for seats would result in fewer flights, fewer airplanes and fewer pilots.

 

[Ty Webb]

Some suggestions:

1) Require that airlines price all tickets at least at cost, using CASM, distance, and projected load factors (using historical data).

2) Prohibit the practice of "seat dumping" ie dumping capacity into a market to keep passengers off of rivals' aircraft. In every other industry, there are rules about unfair trade practices, like dumping computer chips on the market at below-cost. Airlines should be no different.

3) Establish a Nationwide Pilot's Guild that sets minimum pay standards per equipment and seat. Your Union can negotiate more, just not less. I would suggest Delta 2001 rates would be a good place to start, adjusted for inflation.

TW

 

[TWA]

Ok, if there is re regulation, what will happen?
-less airlines
-less capacity
-less pilots
What is naturally happening now?
-airlines shutting down or merging
-eminent furlough of thousands of pilots due to above changes

The market is naturally doing what re regulation would do. If anything, we could use a law requiring airlines to actually cover their costs in the price of a ticket, and some reformed bankruptcy laws.

 

[PCL_128]

No fewer job than now because higher proces for seats would result in fewer flights, fewer airplanes and fewer pilots.

Bullsh--. The explosion in airline aviation came about because of the overall economic boom of the '80s and '90s. It would have still taken place if regulation was in effect. The difference is that EAL, PanAm, and Braniff would probably still be around with a lot more mainline jobs available instead of the crappy replacement jet jobs.

 

[Fubijaakr]

To credit deregulation for the increase in aviation is to ignore the fact that deregulation gutted the earning power of the Pilot salary.

I grew up in a UAL family. Things sure have changed since deregulation. And not for the better. Can you honestly make the argument that the fact there are more jobs outweighs the fact that the jobs created qualify for food stamps?

That's sort of like saying WalMart is good for America because they provide part time employment at minimum wage with no benefits to a lot of people. All the while ignoring the fact that WalMart destroyed many career quality jobs in retailing.

 

[NEDude]

The "set-up" was the English-proficient endorsement....20 yrs from now all pilots will be Indian and Chinese.Flying JFk to LAX. Airlines will go the way of the US Merchant fleet..jmho

Meanwhile, all of the pilots flying in India and China will be Americans making far more money.

 

[AA767AV8TOR]

For those of you that are preaching there is no way the airlines will re-regulate, I wouldn’t be too sure of yourself. Aviation gas is rising too quickly for the typical cash strapped consumer to handle without a significant drop off in market share. Now add in a recession and our lowest consumer confidence since 1992; then top it all off by a credit calamity, and we’ve got a full blown crisis. The forth quarter looks like it will be very ugly.

It was reported on Hannity and Combs last night that some petroleum economists are now going as far as predicting gas going up to $9.00 per gallon with the price of a barrel of oil as high as $200 in the next year. There’s little hope for any of us staying out of bankruptcy if the price of oil goes much above 20%-30% increase in the next year much less $200 per barrel.

If the entire industry slips into bankruptcy, the US Government will be forced to take drastic action. They will have little choice since the US public still wants and needs to fly. Safety in this environment must take a front seat as all airlines will be taking short-cuts to save on precious cash.

What’s different with our industry which will eventually require re-regulation is our high cost of capital, exposure to oil prices, terrorism, a massive requirement for safety, and the lax laws for operating in bankruptcy. All have driven our industry from one of envy to the disaster it is now.

It looks like we’re at the top of the roller-coaster. Hold on tight, it looks like it will be a bumpy ride. The rest of the year will be very interesting. Good luck to us all.

AA767AV8TOR

 

[nyboilermaker]

No fewer job than now because higher proces for seats would result in fewer flights, fewer airplanes and fewer pilots.

What's wrong with fewer pilots? Good competition means higher salaries. Bring it on.