On Mar 9, 2009, at 4:33 PM, Chris Gehlker wrote: > > On Mar 9, 2009, at 1:09 PM, Lawrence Sica wrote: > >> Some recent examples beyond the financial sector include the >> California energy de-regulation. The slowly crumbling proper >> regulation done by the FCC. The airline industry de-reg. None of >> them has, in the long run, proven beneficial. > > I think it's really hard to argue that the airline deregulation wasn't > a net positive. > > "The average airfare, for example, dropped by more than one-third > between 1977 and 1992 (adjusting for inflation). It is estimated that > ticket buyers saved as much as $100 billion on fares alone. > Deregulation also allowed the proliferation of smaller airlines that > took over the shorter routes that were no longer profitable for the > big carriers. In sum, the major airlines probably suffered the > negative consequences of deregulation the most. New smaller airlines > and the millions of passengers flying gained the most."
You've also seen a net stripping of services on flights which I think is a negative. Not to mention a general deterioration in service. Also most of these smaller airlines had and have real quality issues. Look at it today. Overcrowded flights were the norm Also the fare reduction is not evenly distributed. Fares along high traffic routes tend to be higher. I'd have to check but I think we actually have less airlines now. Also it seems like the industry is slowly dying since they did de-reg. --Larry _______________________________________________ OSX-Nutters mailing list | [email protected] http://lists.tit-wank.com/mailman/listinfo/osx-nutters List hosted at http://cat5.org/
