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kellwolf · September 4th, 2004, 15:21

When the airlines were formed (WAY back in the 1930s), regulation was pretty common place. Railroads, trucking, shipping, all of those were regulated. The airlines pretty much started out as government contractors carrying mail. Passengers were an afterthought. To some extent, airlines are STILL heavily regulated. Look at how thick the FARs are. Those are government regulations. They just don't have the income to offset those regs anymore. You take the FARs out, and I can guarnatee you planes will start falling from the sky due to maintenance issues. Why? 'Cause most airline CEOs see the bottom line and nothing else. They'll buy inferior parts just to keep a plane in the air and make money. Just like they'll run a pilot past the point of exhaustion to keep the plane flying rather than hire an extra guy or two.

Do I think we need to bring regulation back? Not really. It would kill the industry by driving away all the passengers. Do I think ticket prices need to start coming up? Absolutely. After Joe Average complains for a bout a year or two, he'll get adjusted and forget how cheap the tickets used to be. Look at gas prices? How many people are thrilled to pay $1.67 when it was around $1.20 only two years ago?

September 4th, 2004, 15:21	#5
kellwolf Old Skool Join Date: Jun 2003 Location: Memphis, TN Posts: 13,529	Re: Deregulation When the airlines were formed (WAY back in the 1930s), regulation was pretty common place. Railroads, trucking, shipping, all of those were regulated. The airlines pretty much started out as government contractors carrying mail. Passengers were an afterthought. To some extent, airlines are STILL heavily regulated. Look at how thick the FARs are. Those are government regulations. They just don't have the income to offset those regs anymore. You take the FARs out, and I can guarnatee you planes will start falling from the sky due to maintenance issues. Why? 'Cause most airline CEOs see the bottom line and nothing else. They'll buy inferior parts just to keep a plane in the air and make money. Just like they'll run a pilot past the point of exhaustion to keep the plane flying rather than hire an extra guy or two. Do I think we need to bring regulation back? Not really. It would kill the industry by driving away all the passengers. Do I think ticket prices need to start coming up? Absolutely. After Joe Average complains for a bout a year or two, he'll get adjusted and forget how cheap the tickets used to be. Look at gas prices? How many people are thrilled to pay $1.67 when it was around $1.20 only two years ago?