Re: [PEN-L] Airline bankruptcies

[Eugene Coyle]

Yes, an expensive service.  Or else it deteriorates further to poor service, questionable safety, taxpayer subsidies (not that we don't have that now) and constant entry and bankruptcy, etc. Gene Carrol Cox wrote: Eugene Coyle wrote: Some form of price fixing, via mergers, regulation, or conspiracy is required for a healthy airline industry. Then if the airline industry is really healthy, airline travel becomes a luxury item. ???? Carrol