CAPFlyer wrote:
My apologies then for misunderstanding your point.
As for Airline consolidation, personally, I'm not sure where your basis for the "uproar" is because the AAL/TWA merger and USAir/AmWest mergers were approved with very little handwringing but the first major step to finally getting rid of an outdated and honestly unconstitutional law (the Wright Ammendment) took years and years to get taken care of and it was one of the most monopoly supporting pieces of legislation in the aviation industry ever passed.
Those mergers didn't involve two relatively large carriers coming together so it didn't raise the ire of the pols or Justice Dept. Hopefully the pols realize consolidation may be necessary for the industry to stay healthy.
Yah the Wright Ammendment...unbelievable a law like that could be passed in this country, then again maybe not. The pendulum has since swung to the other extreme with deregulation and the gov't aiding and even incentivizing low cost carriers to spring up, get gates, coveted slots etc. and unfairly shortcut into markets they wouldn't have otherwise been able to penetrate so quickly and easily. On the shiny side, they've kept big boys honest and forced them to get their houses in order but some of them are now being exposed as empty shells with smooth talkin CEOs. Hopefully there will be an equilibrium at some point where airlines are allowed to grow and consolidate and find some stability, yet keep a competitive environment free of harmful gov't meddling and artificially induced chaotic competition.